Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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The global long steel market remains relatively stable, although regional differences are becoming increasingly pronounced due to trade restrictions, geopolitical tensions, and changing import regulations, according to…
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at around USD 400 per ton CFR, down from USD…
Turkey's rebar exports increased by 8pct YoY to around 1.49 mln tons in the January-April period, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest export destination for…
The Canadian International Trade Tribunal (CITT) has extended anti-dumping duties on imports of concrete reinforcing bar (rebar) from Turkey, China, and South Korea following the completion of an expiry review. The…
Iron ore futures declined on Friday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market sentiment. Higher coking coal prices and the seasonal slowdown in steel…
India's largest iron ore producer, NMDC, reported a 19.9pct YoY increase in iron ore production to 5.31 mln tons in May, according to provisional company data. However, sales declined by 6.9pct YoY to 4.04 mln tons…
Thyssenkrupp Steel has resumed trial operations at hot strip mill 4 at its Duisburg site following extensive repair and modernization work after a fire damaged the facility in October 2025. The incident, caused by a…
SSAB will expand its steel powder production facility in Oxelosund, Sweden, to support growing demand for additive manufacturing materials and strengthen its position in the advanced materials sector. The expansion will…
Turkish steel producer Kardemir has successfully commissioned the new KOCKS Reducing & Sizing Block (RSB) line at its Bar and Coil Rolling Mill, marking the completion of a modernization project aimed at enhancing its…
Turkey's Kocaer Steel has appointed Mehmet Sevket Erol as General Manager, effective June 1, 2026, according to a stock exchange filing. The appointment follows the departure of Mehmet Cakmur from the role of General…
Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market sentiment. Market insiders noted that steelmakers are facing…
Shougang Cold Rolling Co., Ltd. has awarded Primetals Technologies a contract to modernize the Level 1 and Level 2 automation systems at its pickling line tandem cold mill (PLTCM) in Shunyi, Beijing, China. The project…
JSW Vijayanagar Metallics Limited (JVML) has awarded John Cockerill a contract to supply two annealing and coating lines (ACL) and one annealing and pickling line (APL) for its cold-rolled non-oriented (CRNO) electrical…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained domestic prices for its long steel products for June production. The company is offering rebar (12-32 mm) at SAR 2,930 (USD 781) per ton and wire rod…
Turkey imported 6.6 mln tons of ferrous scrap during the first four months of 2026, up slightly compared with the same period last year, according to data from the Turkish Statistical Institute. The United States…
Iron ore futures declined on Wednesday as concerns over weakening steel demand continued to weigh on market sentiment. The outlook for iron ore remained under pressure amid expectations of slower steel consumption…
China's Henan Jiyuan Iron & Steel (Group) has awarded Danieli a contract to supply a new 55-ton ECS Zerobucket electric arc furnace (EAF), marking the company's first EAF installation and a key step in its transition…
India's National Mineral Development Corporation (NMDC) has raised domestic iron ore prices effective June 3, increasing lump ore prices by INR 200 (USD 2) per ton and fines prices by INR 150 (USD 1.56) per ton…
US-based Steel Dynamics, Inc. (SDI) has awarded SMS group a contract to modernize the process automation system at its hot strip mill in Butler, Indiana, as part of efforts to improve long-term maintainability…
Peruvian steel producer Aceros Arequipa has awarded Fives a contract to supply a complete OTO tube mill with integrated finishing equipment for its plant in Lima, Peru. The new production line will manufacture tubes for…
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