Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
3,594 news items in Products. Show all
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support. Market participants said narrowing steel mill margins and subdued iron…
Maanshan Iron & Steel has awarded Danieli a contract to supply a new continuous caster for installation at its plant in Maanshan, Anhui province, China. The caster will produce high-quality round billets ranging from…
Essar Group-backed Mesabi Metallics plans to invest USD 15 bln in a new steel complex in Iowa, US, integrating the facility with its iron ore mine in Minnesota to establish a domestic mine-to-steel supply chain. The…
Canadian steelmaker Stelco plans to indefinitely idle its cold-rolled and coated operations at Hamilton Works from around October 9, affecting up to 500 employees as trade disruptions and weaker demand weigh on the…
Turkish HRC prices have remained firm over the past two weeks, with domestic and export markets supported by limited supply and a generally positive market outlook. Domestic HRC prices remain at USD 625-635 per ton EXW…
Saudi Aramco has awarded separate steel pipe supply contracts to Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co., with a combined value of around SAR 168.8 mln (USD 45mln). SSP secured a SAR 72.8 mln (USD 19.4 mln)…
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy rate applied to the Ezz Group and all other Egyptian exporters. The…
The US Department of Commerce has determined a 1.89 pct weighted-average dumping margin for Turkish large diameter welded pipe producers HDM Celik Boru and Cimtas Boru for the May 1, 2024-April 30, 2025, period. The…
China's iron ore futures fell on Monday as pre-holiday restocking demand weakened, while weak steel demand continued to weigh on the market. Market insiders said pre-holiday restocking has largely run its course…
NMDC Limited has commissioned an integrated project connecting its iron ore operations at Bacheli in Chhattisgarh with its steel plant complex at Nagarnar. The project comprises a new iron ore processing plant at…
Kazakhstan's Qarmet JSC has awarded POMINI Long Rolling Mills a contract to upgrade its rolling mill in Temirtau, Karaganda region. The rolling mill, installed by Siemens VAI in the early 2000s, currently produces…
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales. MESTEEL assessed HMS 1&2 (80:20) at USD 400…
Saudi Arabia's HRC market remains slow, with cautious buying and logistics constraints continuing to weigh on import activity amid the current regional situation. Chinese HRC offers are currently heard at around USD…
Turkey's billet imports increased 28 pct YoY to around 3 mln tons in the first seven months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained the largest supplier, accounting for…
Saudi Arabia's East Pipes Integrated Company for Industry has signed a contract worth more than SAR 46 mln (USD 12.3 mln), including VAT, with Saudi Arabian Oil Co. (Aramco) to manufacture and supply steel pipes. The…
India was a net importer of finished steel during the first five months of the financial year that began in April, with finished steel imports rising 29.5 pct YoY to 3.5 mln tons, according to government data cited by…
Welspun Corp's wholly owned US subsidiary, Welspun Tubular LLC, has secured its largest-ever order for high-frequency induction welded (HFIW) pipes, valued at approximately USD 412.5 mln. The pipes will be manufactured…
Outokumpu has unveiled EvoMaterials, a proprietary technology platform designed to produce low-CO2, high-purity ferrochrome and other metals, as the company advances the technology toward pilot-scale production. The…
Thyssenkrupp Steel is advancing construction of its direct reduction plant in Duisburg, Germany, with US engineering and project management firm Jacobs continuing to provide project management, construction management…
Saudi Arabia's imports of Chinese HR steel totaled 1.49 mln tons in January-August 2026, down 4.7 pct YoY, despite significant disruptions to shipping routes and vessel availability during the period. August imports…
“Premium Content” marks a news item that needs a subscription to read in full.
