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
3,600 news items in Products. Show all
Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand and continued supply pressure kept gains limited…
Japan has decided to impose provisional anti-dumping duties on imports of hot-dipped galvanized steel coil, sheet and strip from China and South Korea following a preliminary investigation that found evidence of dumping…
Vietnam's Pomina Steel has signed a memorandum of understanding with Hoa Binh Construction Group for the development of the second phase of its steel plant project at the Phu My 1 Industrial Park. The second phase will…
Russia's MMK-METIZ, part of MMK Group, has started production of a new type of galvanized wire for gabion structures, expanding its range of special-purpose wire products. The company produced a pilot batch of…
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) reported a sharp increase in profitability for the first half of 2026, supported by higher sales volumes, stronger finished steel prices and improved profit margins…
Meranti Green Steel has signed heads of terms with Marafiq-CUC for the supply of industrial water to its planned DRI/HBI plant in Duqm, Oman. Under the agreement, Marafiq, the centralized utilities provider for the Duqm…
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply, high port inventories and weak seasonal steel demand continued…
JFE Steel has successfully produced DRI using green hydrogen at its East Japan Works in Chiba, marking the first such trial in Japan as part of efforts to develop low-carbon direct hydrogen reduction technology. The…
Nemo Industries has selected Tenova's ENERGIRON technology for a new direct reduction plant in Louisiana, US, as part of its planned Ironworks I pig iron production project. The plant will have annual production…
Trasteel has completed an energy efficiency and digitalization upgrade at its subsidiary Profilmec Group's steel tube and profiles plant in Cuneo, Italy, as part of efforts to improve operational efficiency across its…
The Pakistani government has introduced a new mechanism for collecting sales tax from electricity-based steel melters, re-rollers and composite units, linking tax payments directly to electricity consumed during…
Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant seaborne supply, weak seasonal steel demand and falling steel prices continued to weigh on…
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers stepped back to reassess market…
UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by higher steel selling prices…
Jindal Steel Oman has commissioned online automatic rebar counting and separation systems at its Jindal Steel Sohar and Sohar Steel rolling mills as part of its ongoing efforts to enhance automation and operational…
French seamless steel tube producer Vallourec reported an 18pct YoY increase in Middle East revenue during the first half of 2026, as resilient oil and gas investment in Saudi Arabia and the UAE offset logistical…
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising port inventories and ample…
US steelmaker Nucor Corporation has awarded Primetals Technologies a contract to modernize the continuous thin slab caster at its Nucor Steel Decatur flat steel plant in Alabama, aiming to enhance equipment durability…
Fortescue reported record iron ore shipments for the financial year ended June 30, 2026, supported by strong operational performance across its mining, rail and port operations, while maintaining production costs within…
Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs. The producer offered S235JR-grade billet at USD 525 per…
“Premium Content” marks a news item that needs a subscription to read in full.
