Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains cautious. Chinese prices are broadly stable amid weak demand…
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400 HRC is currently offered at around USD 555 per ton…
Zhongshou Special Steel's newly commissioned Arvedi ESP endless casting and rolling line in China has surpassed productivity and production ramp-up records for thin-slab casting and rolling plants, according to…
India's state-owned NMDC increased iron ore production by 23pct YoY to 27.27 mln tons in April-September of fiscal 2026-27, compared with 22.20 mln tons in the same period of FY26, according to an exchange filing…
South Africa has imposed definitive anti-dumping duties on corrosion-resistant steel coil from China, with duties ranging from 8.21pct to 57.84pct, following an investigation by the International Trade Administration…
Pakistan's National Tariff Commission (NTC) has preliminarily determined that color-coated steel imports from China were dumped in the Pakistani market, but has decided against imposing provisional anti-dumping duties…
UAE-based Green Metal Industries (GMI) has cast its first billet at its facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a production milestone for its integrated steel, pipe and tube complex. The first…
India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans to reduce emissions and secure supplies of key raw materials, Reuters reported on…
Japan's Nippon Steel has awarded Tenova a contract to supply a 110-ton Consteel electric arc furnace (EAF) for its Hirohata Works in Himeji, Hyogo Prefecture, Japan. Daido Steel is acting as the engineering, procurement…
Tenaris has started domestic production of its proprietary TN 95EY steel grade at its Sault Ste. Marie Industrial Centre in Ontario, Canada, targeting the needs of energy operators working in increasingly demanding oil…
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October. The company's rebar in 12-32 mm sizes is offered at SAR 2,800 (USD 746) per ton CPT Riyadh, while 7-12 mm wire rod is…
Turkish steel producer Kardemir has announced its planned sales volumes for Q4 2026, increasing billet allocations while reducing volumes for rebar, wire rod and profiles compared with Q3. Billet allocations have been…
EMSTEEL Group is expanding the use of artificial intelligence (AI), automation and data analytics across its industrial operations in the UAE to improve productivity, operational efficiency, safety and sustainability…
Brunton Wire Ropes has switched its Jebel Ali Free Zone factory in Dubai to solar power through a capital expenditure-free agreement with regional renewable energy provider X-NOOR. The on-grid solar installation is…
Egypt's Ministry of Industry has signed a memorandum of understanding (MoU) with Finnish mining technology company Metso to provide technical and operational support for mineral processing and extraction, focusing on…
China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious mill procurement continued to limit gains. China's…
US specialty steel producer Metallus has secured a five-year contract with the US Defense Logistics Agency (DLA) to supply steel for critical defense applications, with an initial delivery order valued at USD 125 mln…
Spanish green steel project developer Hydnum Steel has secured a EUR 150 mln (USD 170 mln) investment commitment from Spain's state-owned investment fund manager COFIDES to build a new steel plant in Puertollano, Ciudad…
Chinese billet exports to GCC countries declined in August after a sharp increase in June and July, although shipments remained significantly higher as compared to August 2025. The United Arab Emirates replaced Saudi…
The European Commission has proposed excluding Pakistan, Egypt, Saudi Arabia, Oman, Morocco and Tunisia from the list of non-OECD countries authorized to receive metal waste from the EU, potentially restricting steel…
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