Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products by TWD 800 (USD 25) per ton for August 2026 deliveries, reflecting weak regional market conditions and sluggish…
Metalloinvest has completed the pilot operation of the second crushing and conveyor complex (CCC-2) at its Mikhailovsky Mining and Processing Plant (Mikhailovsky GOK), with the facility reaching its designed monthly…
Turkey's HRC imports declined 9.5pct YoY to 1.43 mln tons during the first five months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained Turkey's largest HRC supplier during the…
Turkish pipe producer Noksel Celik Boru Sanayi plans to invest EUR 60 mln (USD 68.5 mln) to expand its pipe production capacity in Spain through the construction of a new manufacturing facility in Lorca, Murcia. The…
Iron ore futures fell on Friday as the demand outlook remained weak, with seasonal slowdown in steel consumption continuing to pressure Chinese steel mills' margins. Market insiders said sluggish steel demand and rising…
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices effective July 10, lowering lump ore prices by INR 250 (USD 2.6) per ton and fines prices by INR 150 (USD 1.56) per ton…
JSW Steel Italy has signed a program agreement with the Italian government, local authorities and trade unions to advance the revitalization of the Piombino steelworks, providing a framework for implementing the site's…
Marcegaglia has awarded Fives a contract to modernize the annealing and pickling line (APL) at its Gazoldo degli Ippoliti stainless steel plant in Italy, as part of its strategy to further automate production and…
Greensteel Australia will invest AUD 500 mln to build Australia's first new steel mill in more than 30 years at the former BHP Newcastle Steelworks site in Mayfield, New South Wales. The all-electric plant, expected to…
Turkish imported scrap prices remained under pressure this week as weak finished steel demand, sluggish export sales and cautious mill buying continued to weigh on the market. MESTEEL assessed HMS 1&2 (80:20) import…
Iron ore futures rose slightly on Friday, supported by expectations of tighter near-term supply, although weak steel demand and declining hot metal output continued to limit further gains. Markets continued to balance…
Baoshan Iron & Steel (Baosteel) has successfully rolled the first bar at its new KOCKS RSB 370++/4 Reducing & Sizing Block, marking the commissioning of a new special bar quality (SBQ) rolling mill at its greenfield…
Vietnam's leading steelmaker Hoa Phat Group produced more than 3.6 mln tons of crude steel in the second quarter of 2026, up 48pct YoY and 9pct from the previous quarter, driven by higher output across its integrated…
Salzgitter AG has completed the acquisition of the remaining shares in Huttenwerke Krupp Mannesmann (HKM) from Thyssenkrupp Steel Europe and Vallourec, making the integrated steelworks in Duisburg a wholly owned…
Toscelik Spiral Boru has been selected as the winning bidder for Turkey's state-owned Petroleum Pipeline Transportation Inc. (Botas) tender to supply steel pipes for the LV Yuluce-Pig Sarkoy Natural Gas Pipeline…
The US Department of Commerce has preliminarily determined that countervailable subsidies are being provided to imports of carbon and alloy steel wire rod from Algeria, proposing a 73.33pct countervailing duty (CVD) on…
Iron ore futures edged higher on Thursday, supported by concerns over a potential supply disruption at BHP's Port Hedland operations in Western Australia, although weakening steel demand continued to limit price gains…
Baosteel has successfully commissioned its new two-strand No. 6 slab caster at its Baoshan steelworks in Shanghai, supplied by Primetals Technologies, expanding its capability to produce both conventional and high-end…
Vallourec has received certification from the Global Steel Climate Council (GSCC) for its science-based decarbonization pathway, confirming that the company's emissions reduction strategy is aligned with the Paris…
The global long steel products market remained under pressure in recent weeks, with weak demand, excess supply and intense competition continuing to weigh on prices and margins, according to the latest short-range…
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