Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…
Kardemir has reduced wire rod prices, according to its latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 632 per ton EXW, while SAE 1008-1010 grades are priced at USD 622 per ton EXW. Both…
Turkey's steel exports decreased by 6.8pct YoY to 3.5 mln tons in the first quarter of 2026, while export revenues fell by 9.4pct to USD 2.3 bln, according to the Turkish Steel Producers' Association (TCUD). In March…
Turkey imported 4.7 mln tons of ferrous scrap in the first quarter of 2026, up 0.85pct YoY, according to the Turkish Statistical Institute. The United States remained the largest supplier, with shipments of 981,400…
Iron ore futures moved higher on Wednesday following the holiday break, supported by firm near-term demand, although longer-term concerns persist. Chinese steel mills continued restocking activity amid expectations of…
ArcelorMittal Nippon Steel India (AM/NS India) has inaugurated a pickling line and tandem cold mill (PLTCM) at its Hazira facility in Gujarat, strengthening its automotive steel production capabilities. The new unit has…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 200 (USD 2.1) per ton, effective May 6, according to a stock exchange filing…
Galperti Special Alloys S.p.A., a newly established company within the Galperti Group, has awarded a contract to Danieli for the engineering and supply of vacuum induction melting (VIM) and electro-slag remelting (ESR)…
Egypt's Ezz Steel has maintained rebar prices unchanged in the domestic market despite the recent increase in gas tariffs. The company kept its rebar price at EGP 39,850 (USD 741) per ton EXW, inclusive of 14pct VAT…
Moroccan Ministry of Industry and Trade has notified the extension of its safeguard measure on imports of hot-rolled steel, maintaining an additional duty of 19pct under WTO rules. The measure, which applies to…
Tubacex Group and Mubadala Investment Company have announced the full operational launch of their joint venture in Abu Dhabi, marking the start of a regional manufacturing platform for advanced oil country tubular goods…
India's state-owned miner NMDC Limited reported a 16pct YoY increase in iron ore production for April 2026, reaching 4.64 mln tons. The company's iron ore sales rose by 1.4pct YoY to 3.68 mln tons during the month. The…
JFE Steel Corporation has commissioned a new electric arc furnace (EAF) at its East Japan Works (Chiba district), with operations starting on April 29, 2026, the company announced in a press release. The new unit is…
Hyundai-POSCO Louisiana Steel LLC has selected Danieli as technology partner for a new integrated steel plant in Louisiana, USA, aimed at producing high-quality hot-rolled slabs for low-carbon, value-added automotive…
Salzgitter AG has received approval from the European Commission to acquire sole control of Huttenwerke Krupp Mannesmann (HKM) under the EU Merger Regulation. The transaction, which relates mainly to semi-finished…
Indian pipe manufacturer, Jindal Saw Limited has reported disruptions to its Middle East-linked business in Q4 FY26, as the ongoing regional conflict has affected exports, logistics and operations. The company said a…
Pakistan-based Mughal Iron & Steel Industries Limited (Mughal Steel) reported improved profitability for the nine months ended March 31, 2026, supported by stronger margins and lower finance costs. Profit after tax rose…
Wuppermann expands capacity and product range with new pipe mill Wuppermann Metalltechnik GmbH (WMT) has inaugurated a new pipe mill at its Altmunster site in Austria, marking a key capacity and technology expansion for…
GrafTech International Ltd. has announced a price increase of USD 600-1,200 per ton on uncommitted graphite electrode volumes, as part of efforts to restore pricing and improve profitability. The company said the…
Ferrosource is nearing completion of a new steel processing facility at the Big River Steel Works campus in Osceola, Arkansas, with operations expected to begin in August 2026. The project introduces an on-campus…
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