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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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Premium Content ICDAS cuts long steel prices

Turkey Turkey

Major Turkish long steel producer ICDAS has reduced its long steel prices by USD 10 per ton compared with levels announced in mid-September. The company is now offering rebar at USD 630 per ton EXW Biga and wire rod at…

Premium Content Steel imports slump in August

Lebanon Lebanon

Lebanon's steel imports fell sharply by 54pct YoY to 33,608 tons in August 2026, from 72,667 tons in August 2025, according to Lebanese Customs data. The country's steel imports also declined by around 51pct month on…

Scrap imports rise in Jan-Aug

Turkey Turkey

Turkey imported 12.7 mln tons of steel scrap during January-August 2026, up 4pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…

Premium Content Formosa raises domestic HRC prices for Nov-Dec

Vietnam Vietnam

Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for November-December delivery, with SAE1006 and SS400 grades now offered at around USD 546-558 per ton CIF Vietnam, depending on order…

SAIL posts record production and sales in H1 FY27

India India

Indian state-owned steel producer Steel Authority of India Ltd (SAIL) achieved its best-ever April-September performance across several production, sales and efficiency parameters in the first half of FY27. SAIL…

Tata Steel develops fire-resistant structural steel

India India

Tata Steel has developed a hot-rolled, fire-resistant E350 structural steel designed to help buildings and engineering structures retain their structural integrity during fires. The product has been certified by the…

Rerollers call for review of billet import duties

Egypt Egypt

Egyptian rerolling mills are calling for a review of duties on billet imports, with industry representatives arguing that the measures have contributed to higher steel prices and forced some rerollers to halt…

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