Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Egypt's Ezz Steel has submitted a detailed proposal to establish a direct reduced iron (DRI) production project in Algeria, aiming to expand its regional footprint in the steel industry. The Algerian Investment…
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…
China's finished steel exports declined 9.85pct YoY to 24.7 mln tons in the first quarter of 2026, according to data from the General Administration of Customs. In March alone, Chinese steel exports totalled 9.13 mln…
Tenaris is advancing a digitalization and automation upgrade at its welded pipe manufacturing facility in Hickman, Arkansas, aimed at enhancing efficiency, traceability and process control. The USD 11.7 million project…
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said. Saudi Arabia's Saudi Iron and Steel Company…
Turkey's HRC imports declined by nearly 24pct YoY in the first two months of 2026, according to data from the Turkish Statistical Institute (TUIK). The country's total imports reached 497,000 tons in January-February…
UAE-based steel and building materials producer, EMSTEEL has supplied EZ19-700 low-carbon sheet piles for the Bridgewater Canal wall replacement project in the UK, through distributor Sheet Piling (UK) Ltd. The project…
Iron ore futures moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…
Lloyds Metals & Energy Limited has awarded Metso a contract to supply filtration technology for its iron ore concentrate plants at Ghugus, Manikgarh and Konsari in Maharashtra, India. The order value was not disclosed…
7 Steel Nordic Manufacturing has shipped its first batch of steel products to a customer in the Czech Republic, marking the start of a new market channel for the company. The material was produced at its rolling mill in…
Utva Silosi AD Kovin, a producer of electric-resistance welded (ERW) tubes, has selected Danieli to supply a new ERW tube production line at its facility in Serbia. The new mill, to be provided by Danieli Centro Tube…
Turkey's scrap import prices remained stable this week, with HMS 1&2 (80:20) assessed around USD 400 per ton CFR, while buying activity slowed amid weak finished steel demand. Despite limited trading, suppliers…
The US Department of Commerce (DOC) has announced the final results of its antidumping duty administrative review on rebar imports from Turkey. The review found that certain Turkish producers/exporters sold rebar at…
Metal Park is set to introduce 25,000-30,000 tons per month of cut-and-bend rebar capacity from Q2 2026, equivalent to around 10-12pct of the UAE's monthly consumption, the company said. The new capacity, supported by…
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…
Vallourec has signed a five-year supply agreement with Fervo Energy to support the development of geothermal energy projects in the United States, with the contract representing up to USD 800 mln in potential revenue…
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029. The deal includes 25-year contracts for two vessels…
GravitHy has appointed engineering firm Hatch to carry out front-end engineering design (FEED) for its planned low-carbon iron production plant in Fos-sur-Mer, southern France. The facility is designed to produce 2 mln…
Turkish steelmaker Kardemir has opened a new billet sales round, maintaining prices at previous levels. The company is offering S235JR-grade billet at USD 540 per ton EXW and B420-grade billet at USD 550 per ton EXW…
Escalating geopolitical tensions in the Middle East, following the U.S.-Israel conflict with Iran and its spillover across the GCC, are disrupting regional supply chains, particularly through the Strait of Hormuz, a key…
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