Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
3,624 news items in Products. Show all
Canada has issued a final determination on the dumping of Egyptian wire rod, according to a notice from the Canada Border Services Agency (CBSA). The CBSA also confirmed final antidumping margins on wire rod imports…
The state-owned RINL steel plant is in a severe crisis following the shutdown of its second blast furnace last week due to a shortage of funds and raw materials, especially coking coal, according to local media reports…
Jindal Steel & Power Limited (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) for India's largest green hydrogen investment by a steelmaker. The MoU outlines JSPL's plan…
Marcegaglia has commissioned Primetals Technologies to undertake a comprehensive modernization of its spout-type electric arc furnace (EAF) and dedusting system at the Sheffield plant. This upgrade is part of…
Turkey's scrap import prices remained stable this week as buyers evaluated the market in light of cheaper billet offers from China. Scrap prices were assessed at USD 370 per ton CFR, unchanged from the previous week…
Turkey's HRC exports reached 1.4 mln tons in the first seven months of this year, marking a significant 145pct increase compared to the same period last year, according to data from the Turkish Statistical Institute…
Turkish steel producer Kardemir has secured a new rail export order, according to a stock exchange filing. The company signed a contract worth USD 17.64 mln to supply rails to Azerbaijan, with delivery scheduled in…
Iron ore futures declined on Friday but recorded weekly gains as mills increased production to capitalize on improved steel demand. The reduction in steel inventories at major Chinese warehouses, signaling stronger…
NMDC, India's leading iron ore producer, has allocated INR 2,200 crore (USD 262 mln) for FY 2025 to establish a slurry pipeline and new processing plants, targeting a production increase to 100 mln tons by 2030. Amitava…
Gerdau Whitby recently placed orders with AIC to manage the intermediate drives, finishing drives, and the complete control system for their rolling mill. This project, commissioned in the summer of 2024, achieved a…
Turkey's semi-finished steel imports (billet and bloom) reached approximately 261,250 tons in July, reflecting a 7.8pct YoY decline. However, imports surged by 59pct compared to the previous month. In the first seven…
Turkish steel manufacturer Cemtas Celik reported a net profit of TRY 26 mln (USD 764,456) in H1 2024, a significant drop from TRY 95.4 mln in the same period last year, according to its financial statement. During this…
Iron ore futures rose on Thursday, driven by pre-holiday restocking activity, which lifted market sentiment. Steel inventories at major Chinese warehouses continued to decline ahead of the Mid-Autumn Festival holidays…
ArcelorMittal has successfully produced its first coil after upgrading the automation system at its hot-rolling mill in Eisenhuttenstadt, Germany. This facility is now fully equipped with Primetals Technologies' latest…
Turkish steel producer Kardemir has lowered its billet prices, as per the latest price list. The company's S235JR grade billets are now offered at USD 530 per ton EXW, and B420 grade billets at USD 545 per ton EXW…
Turkey's wire rod exports reached approximately 572,000 tons in the first seven months of 2024, marking a significant 98pct increase compared to the same period last year, according to the Turkish Statistical Institute…
Iron ore futures rose on Wednesday, supported by improving steel demand, which boosted market sentiment. Major steel producers, Baosteel and Shagang, kept domestic prices for long and flat steel products unchanged, a…
The Indian Ministry of Finance has extended the countervailing duty on imports of welded stainless steel pipes and tubes from China and Vietnam for an additional five years. This decision follows the Directorate General…
Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine Camtec GmbH by the end of the 2025/26 business…
Turkey exported around 1.9 mln tons of rebar in the first seven months of 2024, marking a 10pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). The top three destinations for Turkish rebar…
“Premium Content” marks a news item that needs a subscription to read in full.
