Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Uzbekistan's Tashkent Pipe Plant (TPP) has secured a loan of up to USD 25 mln from the European Bank for Reconstruction and Development (EBRD) to support energy-efficiency upgrades and expand its long steel and pipe…
UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED 100 (USD 27) per ton to AED 2,921 (USD 795) per ton EXW…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was driven almost…
Turkish steel producer Kardemir has signed a USD 2.25 mln railway wheel supply contract with a customer operating in the Czech Republic, according to the company's stock exchange filing. The company said the first…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply concerns eased, with…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third quarter. For July…
Bangladesh's steel industry has called on the government to withdraw proposed increases in VAT and import duties included in the 2026-27 national budget, warning that the measures could significantly raise production…
Italian steel producer AFV Beltrame has launched a major modernization project at its rolling mill facilities, appointing AIC Group to upgrade safety, automation and control systems. The project includes the…
Ukraine-based Interpipe has highlighted its long-term supply of railway wheels for the PATH (Port Authority Trans-Hudson) rapid transit system in the United States, reinforcing its presence in the passenger rail…
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the market. HMS 1&2 (80:20) import prices were assessed at…
Morocco's Ministry of Industry and Trade has initiated a review investigation into the possible extension of safeguard measures currently applied to imports of welded iron and steel tubes and pipes. The investigation…
UAE's EMSTEEL Group has supplied approximately 5,900 tons of its high-strength ES600 rebar for the Sealine Residence and Gateway Residence projects being developed by Al Zorah Development in Ajman. The company said the…
Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan, Hubei Province. The project forms part of WISCO's strategy to optimize…
JSW Steel has awarded Yogiji Digi contracts for its 0.2 mln ton per year tin plate expansion project, further advancing the steelmaker's downstream processing capabilities in India. Under the contract, Yogiji Digi will…
U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing. The transaction is expected to close in the third quarter…
Valbruna ASW Inc. has received an initial order from Germany's TKMS for approximately 70 tons of non-magnetic submarine steel as part of efforts to support Canada's future submarine program. The order is intended to…
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at its facility in Umm Al Quwain Industrial City. The company said the milestone…
Meranti Green Steel has selected Italy-based Bedeschi to supply material handling systems for its planned direct reduced iron (DRI) and hot briquetted iron (HBI) plant in Duqm, Oman. Under the contract, Bedeschi will…
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns over weakening Chinese steel demand, weighed on market…
The London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) have signed an agreement to launch a new steel futures contract that will provide international market participants with exposure to China's HRC…
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