Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has reduced domestic prices for its long steel products by SAR 130 (USD 35) per ton for July production. The company is offering 12-32 mm rebar at SAR 2,800 (USD 746)…
Turkey exported approximately 301,500 tons of wire rod during the January-April 2026 period, down 10.3pct compared with the same period last year, according to data from the Turkish Statistical Institute (TUIK). Romania…
Meranti Green Steel has appointed Larsen & Toubro (L&T) as the project delivery partner for the front-end engineering and design (FEED) phase of its planned 2.5 mln tons per annum direct reduced iron (DRI)/hot…
EMSTEEL Group has signed a collaboration agreement with the Technology Innovation Institute (TII) to develop and validate high-strength reinforcement solutions for the protection of the UAE's critical infrastructure…
Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit gains. China's official Purchasing Managers' Index (PMI)…
Tenaris has awarded Tenova, through its U.S. subsidiary Tenova Inc., a contract to modernize the electric arc furnace (EAF) at its steel mill in Koppel, Pennsylvania, as part of the pipemaker's recently announced USD 90…
The UAE's anti-dumping investigation into imports of heavy steel sections from China has reached a preliminary stage, with the Ministry finding evidence of dumping, material injury to the domestic industry and a causal…
Turkish steel pipe producer Erciyas Celik Boru Industry Inc. will temporarily suspend production at its Mersin plant by 30 June 2026 and consolidate manufacturing at its Duzce facility as part of measures to improve…
Turkish steelmaker Kardemir has signed a USD 2.48 mln contract to supply railway wheels to a customer in Bulgaria, according to the company's stock exchange filing. The latest order follows a USD 2.25 mln railway wheel…
Turkish steel producer Diler Iron & Steel has achieved its highest-ever monthly wire rod output, producing 48,000 tons in May 2026 from a single production line. The company said the record production included 26 wire…
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron ore continues to face supply-side pressure…
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of hot rolled flat products of alloy or non-alloy steel originating in or exported from China, Japan and…
Hybar LLC has secured USD 1.1 bln in financing to build a second environmentally sustainable scrap-based rebar mill adjacent to its existing facility in northeast Arkansas, doubling the company's production capacity…
Spain's Tubacex has secured new orders worth more than EUR 80 mln (USD 91 mln) for the supply of umbilical tubes to one of the world's leading subsea technology providers, reinforcing its position in the high-value…
Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on the market. MESTEEL assessed HMS 1&2 (80:20) import prices…
Saudi Arabia's Al Yamamah Steel Industries Company has confirmed it will invest SAR 75.6 mln (USD 20.15 mln) in the capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to support the…
The UAE has introduced a temporary four-month ban on exports of steel scrap, alongside selected non-ferrous scrap, to secure domestic raw material availability. Under Customs Notice No. 13/2026, issued by Dubai Customs…
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from the China Iron and Steel Association…
South Korea has imposed definitive anti-dumping duties on imports of hot rolled carbon steel and alloy steel flat products originating from Japan and China, following an investigation that found dumped imports had…
The UK government has finalized a new steel trade measure that will take effect on July 1, 2026, replacing the existing steel safeguard regime with a revised tariff-rate quota (TRQ) system featuring significantly lower…