Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkish integrated steel producer Kardemir has signed its first purchase agreement with Algeria's National Railway Transport Company (SNTF) under a railway wheel supply program with a total contract value of…
India's Jindal SAW has completed the supply of 193 km of 42-inch API X65 NACE-grade LSAW line pipes, totaling 87,000 tons, for OQ's Fahud Loop Line Project in Oman. The company said the project was delivered within the…
Iron ore futures drifted lower on Monday as sluggish downstream steel demand continued to weigh on sentiment, while investors awaited policy signals from China's Politburo meeting later this week. Market insiders said…
Thailand's steel producers have called on the government to strengthen measures against imports of steel produced using induction furnace (IF) technology, warning that persistent inflows of lower-cost products continue…
Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past few weeks. MESTEEL assessed HMS 1&2 (80:20) import prices at USD…
East Pipes Integrated Company for Industry has signed a contract worth more than SAR 64 mln (USD 17 mln), including VAT, with Esnad Al-Turuq Contracting Company for the manufacture and supply of steel pipes. The…
Turkish steel producer Kocaer Celik has approved the establishment of a new company in the United States as part of its strategy to strengthen its global competitiveness, according to a stock exchange filing. The new…
Iron ore futures edged lower on Friday as fresh steel production curbs in Tangshan weighed on the demand outlook, while hopes for fresh policy support ahead of next week's Politburo meeting were tempered by doubts over…
Japan has preliminarily determined that imports of hot-dip galvanized steel sheet and strip from China and South Korea were dumped and caused material injury to the domestic steel industry, moving the anti-dumping…
Low-carbon iron producer GravitHy has submitted permit applications for its planned hot briquetted iron (HBI) plant in Fos-sur-Mer, marking a key milestone in the development of one of Europe's flagship hydrogen-based…
Kazakhstan's integrated steelmaker Qarmet plans to begin producing automotive-grade steel sheet in 2028, with serial production of automotive body panels scheduled to start in 2029, as part of efforts to develop a…
Saudi Aramco has awarded steel pipe supply contracts worth a combined SAR 160.7 mln (USD 42.8 mln) to domestic manufacturers Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. (APC). Saudi Steel Pipe Co. announced it has…
Saudi Arabia's East Pipes Integrated Company for Industry (East Pipes) reported strong financial results for the first quarter of fiscal year 2026/27 ended June 30, supported by higher sales volumes, improved selling…
Turkish long steel producer Kardemir Celik Sanayi AŞ has launched an initial public offering (IPO) valued at TRY 4.48 bln (USD 94.9 mln), with the company aiming to strengthen working capital and improve utilization of…
Iron ore futures posted gains on Thursday as expectations of additional Chinese policy support ahead of next week's Politburo meeting lifted market sentiment, while higher freight costs increased the delivered cost of…
Romania's Liberty Galati has begun a partial restart of operations after securing tolling agreements with commodities trader Glencore and Turkish steel service center Kaiseri Metal Center (KMC), marking the first…
Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578) per ton EXW, excluding VAT, up from TRY 26,500 (USD 566) per ton…
Vale's iron ore pellet production at its Oman operations fell sharply in the second quarter of 2026 as the temporary suspension of its Sohar pellet plants amid Middle East tensions weighed on output. Pellet production…
Egypt's Suez Steel has started commercial production of high-specification rail profiles and heavy structural sections at its Rail and Heavy Section Mill, expanding its product portfolio for railway and infrastructure…
Iron ore futures weakened on Wednesday as expectations of rising global supply continued to pressure the market, while increased blast furnace maintenance at Chinese steel mills added to concerns over near-term demand…
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