Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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UAE-based EMSTEEL has launched ES600, a high-strength steel rebar grade that the company says is the highest-strength rebar currently produced in the country. The product was officially introduced during EMSTEEL's…
Egypt's Iron & Steel for Mines & Quarries (ISMQ) reported a net profit after tax of EGP 229.3 mln (USD 4.42 mln) for the first nine months of fiscal year 2025/26, down 47pct from EGP 432.0 mln recorded in the…
Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the federal budget for FY2026/27 to support the…
Iron ore futures post gains on Tuesday, supported by a continued rally in coking coal prices, although the broader outlook for the steelmaking raw material remained pressured by concerns over weakening steel demand and…
Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have initiated anti-dumping investigations into imports of hot-rolled and cold-rolled steel coil, sheet, and strip originating from…
Turkey-based Borusan Pipe has announced that its US subsidiary, Borusan Berg Pipe, secured new sales orders worth approximately USD 742 mln in the United States, according to a stock exchange filing. The orders were…
Saudi Arabia's Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. have announced separate contracts for the supply of steel pipes to Saudi Aramco, with a combined value of approximately SAR 127 mln (USD 33.9 mln). Saudi…
Iron ore futures edged lower on Monday as concerns over weak steel demand and seasonal consumption slowdown outweighed support from a sharp rally in coking coal prices. Meanwhile, coking coal and coke futures surged…
Zhongshou Special Steel has successfully commissioned a new Arvedi ESP (Endless Strip Production) plant supplied by Primetals Technologies at its Luanzhou facility in Hebei Province, China. The first coil was produced…
China's finished steel exports to India more than doubled YoY in April, reaching around 232,000 tons, the highest monthly level in at least two years, according to provisional Indian government data, Reuters reported…
ArcelorMittal Nippon Steel India (AM/NS India) has become the first steel producer globally to manufacture EQ70-grade welded pipes certified by the American Bureau of Shipping (ABS), marking a significant development…
SAIL's Rourkela Steel Plant (RSP) in India has achieved new production milestones at its 4.3-meter-wide plate mill supplied by Danieli, surpassing the facility's rated annual capacity for the second consecutive year…
CELSA Barcelona has completed the modernization of its medium section mill at the Castellbisbal plant in Spain in partnership with SMS group, enhancing the facility's rolling capacity, automation systems, and…
Pakistani flat steel producers International Steels Limited (ISL) and Aisha Steel have increased domestic prices for cold rolled and galvanized steel products by PKR 3,000 (USD 11) per ton, marking their second price…
CIM Steel Industry LLC, Rhino Steel Industry LLC, and Metal Care Center Factory LLC have launched an integrated steel manufacturing and processing project in Umm Al Quwain Industrial City, UAE, with production…
India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi subsidiary Man International Steel Industries Company…
Chinese coking coal and coke futures rose sharply on Monday following a deadly mining accident in Shanxi province over the weekend, raising concerns over tighter coal supply due to potential nationwide safety…
Ramsarup Industries Ltd., a wholly owned subsidiary of Shyam Metallics & Energy Ltd., has selected Danieli to supply a new Special Bar Quality (SBQ) combination mill for its Kharagpur Works facility in West Bengal…
Tenaris has announced investment of more than CAD 300 mln (USD 217 mln) at its Sault Ste. Marie Industrial Centre in Ontario, Canada, supported by the federal and Ontario governments. The investment will expand…
Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS 1&2 (80:20) import prices were assessed at around…
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