Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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UAE-based flat steel producer Al Ghurair Iron & Steel (AGIS) has partnered with Metal Park to enhance logistics, warehousing and fulfillment services across the country's steel supply chain. Under the agreement, Metal…
Turkey exported 819,300 tons of HRC during the first four months of 2026, down more than 18pct YoY, according to data from the Turkish Statistical Institute (TUIK). Italy remained the largest destination for Turkish HRC…
Three workers were injured following an unexpected explosion inside an electric arc furnace at Hascelik's steel plant in Osmaneli, Bilecik, Turkey, on June 12. According to local reports, an explosion occurred in the…
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said Chinese steel production may be nearing a…
Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented (GO) electrical steel production at its Zhangzhou facility. The…
Hyundai Steel has signed a Master Research Agreement (MRA) with Louisiana State University (LSU) to support technology development and workforce training for its planned USD 5.8 bln electric arc furnace (EAF)-based…
Austria's Voestalpine Railway Systems has secured framework contracts for the Rail Baltica project, marking the largest single order in the company's history. Under the agreements, Voestalpine will supply up to 1,000…
Turkey's Ministry of Trade has imposed definitive anti-dumping duties on certain cold-rolled, galvanized and painted flat steel imports from China and South Korea after concluding that dumped imports caused material…
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property market, once the country's largest steel-consuming…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw material costs as well as firmer domestic and international…
South Korea's POSCO has launched a joint research project with Hyundai Motor and eight other industry, academic and research organizations to develop next-generation electrical steel aimed at improving the efficiency of…
Midrex Technologies has been selected by U. S. Steel to supply a 2.5 mln tons per year HDRI/HBI direct reduced iron (DRI) plant for the company's Big River Steel Works facility in Osceola, Arkansas. The project is…
Swedish mining company LKAB has received an environmental permit for the continued and expanded operation of its Malmberget mining complex, securing the long-term future of one of the country's largest iron ore…
SSAB is showcasing its Armox 500 AM Powder at the Eurosatory 2026 defense and security exhibition, highlighting the potential of additive manufacturing to produce lightweight, high-strength armor components for defense…
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished steel demand. HMS 1&2 (80:20) import prices were…
UAE-based steel producer ASAS Steel FZC has successfully renewed its CARES Third-Party Verified Environmental Product Declaration (EPD) certification for carbon steel reinforcing bars, reinforcing the company's…
Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment. The market remained under pressure from high iron ore inventories at Chinese ports. Market insiders…
China Baowu and Rio Tinto have successfully completed industrial-scale palletization and hydrogen-based direct reduced iron (DRI) trials in China using Rio Tinto's Pilbara Blend iron ore, marking a significant step in…
Spanish stainless steel producer Acerinox and industrial equipment manufacturer Alfa Laval have entered into a partnership to promote industrial decarbonization through the use of low-emission stainless steel. Under the…
Turkey's Saritas Stainless Steel has awarded Andritz a major contract to supply key equipment for its new integrated stainless steel plant in Yalova, supporting the company's plans to expand domestic stainless steel…
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