Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey has initiated a sunset review of the anti-dumping (AD) duties on imports of certain stainless steel welded pipes originating from Vietnam, following an application filed by domestic producer Marcegaglia TR…
Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session driven by reports that China's state-owned iron ore buyer had restricted…
India's largest iron ore producer, NMDC, reported a 44.3pct YoY increase in iron ore production to 5.15 mln tons in June 2026, according to provisional company data. Iron ore sales increased 11.2pct YoY to 3.98 mln…
Vietnamese steelmaker Hoa Phat has reduced domestic HRC prices for August deliveries amid weak market demand and seasonal pressure. The producer lowered prices by around USD 34 per ton compared with the previous month's…
Severstal has successfully completed hot commissioning of the upgraded Slitting Line No. 10 (APR-10) at its Cherepovets Iron and Steel Works (CherMK), aiming to increase productivity, improve product quality and reduce…
The European Union's revised steel safeguard quota system introduces significant changes to country-specific quota allocations for Middle East and North African (MENA) steel exporters, reducing quotas for some suppliers…
Arabian Pipes Company has signed a contract with Saudi Aramco valued at approximately SAR 133 mln (USD 35.5 mln) for the manufacture and supply of steel pipes, according to the company's stock exchange filing. The…
The U.S. Department of Commerce (DOC) has issued the final results of its administrative review of the countervailing duty (CVD) order on steel rebar from Turkey, covering the period 1 January-31 December 2023. The DOC…
Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade Fortescue iron ore fines from Chinese ports starting July…
Cleveland-Cliffs Steel Corp. has been awarded a USD 400 mln contract by the U.S. Department of Defense to supply grain-oriented electrical steel (GOES) for U.S. military applications, according to the Defense Logistics…
SSAB has signed an early works agreement with NYAB covering the initial phase of a new steel coil logistics facility to support its planned mini mill in Lulea, Sweden. The agreement includes design, engineering, project…
Tenaris has commenced operations at its new service center in Paramaribo, Suriname, to support the GranMorgu offshore oil development, the country's first major offshore project operated by TotalEnergies in partnership…
Hoa Phat Dung Quat Integrated Steel Complex has successfully commissioned Danieli's Seven-Life Hydraulic Side Guides on its QSP (Quality Strip Production) hot strip line in Vietnam, improving strip stability and coil…
JSW Steel (USA) has proposed investing up to USD 500 mln to modernize and expand its recently acquired Acero Junction integrated steel plant in Ohio, increasing the facility's competitiveness and laying the foundation…
Vallourec has been awarded a major contract by Azule Energy to supply premium line pipes for the Greater PAJ offshore oil development in Angola. Under the contract, Vallourec will supply more than 26,000 tons of…
Sandvik has secured an order worth approximately SEK 175 mln (USD 18 mln) from Swedish mining company LKAB to supply crushing and screening equipment for its new ore sorting plant in Malmberget, Sweden. The order…
Magnitogorsk Iron and Steel Works (MMK) has reduced coke consumption in pig iron production by 16pct since 2024 under a company-wide blast furnace optimization program, generating economic benefits of more than RUB 5.5…
Amreli Steels Limited has extended the suspension of operations at its S.I.T.E. rolling mill in Karachi for a further one year, citing continued weak market conditions and unfavorable economic factors. The company said…
India's Jai Dadi Group has officially broken ground on its USD 16 mln Nile Ferro Alloys project in the East Ismailia Industrial Zone (Technology Valley) within Egypt's Suez Canal Economic Zone (SCZONE). The project will…
Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment. Demand for finished steel remained subdued, with prices coming under pressure amid ample supply and seasonally…
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