Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,606 news items in Products. Show all
Chinese steel producer Shougang Group and automaker FAW Group have jointly developed and validated a new generation of 2.4 GPa (2,400 MPa) hot-formed automotive steel, marking a significant step forward in…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton (USD 4.8-5.3), effective 5 April, according to a stock exchange…
Hoa Phat Group is accelerating development of its Hoa Phat Dung Quat Rail and Special Steel Production Plant, while advancing its push into high-quality railway steel through a certification partnership with…
Hyundai Steel and France-based Fives Group have signed a major contract to design and supply advanced coil finishing lines for automotive steel applications. The agreement supports Hyundai-Posco Louisiana Steel's new…
Severstal has completed a major upgrade of the shaped casting section at its SSM-Tyazhmash machine-building center at the Cherepovets Iron and Steel Works (CherMK), increasing casting output by 40pct annually. The…
Turkey's scrap import prices continued to firm this week, reaching around USD 400 per ton CFR, up from USD 390-400 per ton last week. Some offers, particularly from U.S. suppliers, were heard above USD 400 per ton. The…
Turkey imported 3.1 mln tons of ferrous scrap in the first two months of 2026, up 3.3pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained the largest supplier, shipping…
Egypt's Ministry of Investment and Foreign Trade has concluded its anti-dumping investigation into imports of cold-rolled, galvanized and pre-painted steel sheets from China and Turkey without imposing duties. The…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
Indian state-owned miner NMDC reported record iron ore production of 53.15 mln tons in the financial year ending March 31, 2026 (FY26), marking a 20.6pct YoY increase. The milestone makes NMDC the first mining company…
Interpipe has completed the acquisition of ArcelorMittal Tubular Products' (AMTP) seamless pipe facility in Roman, Romania. The plant becomes Interpipe's first manufacturing asset within the European Union, supporting…
ArcelorMittal has produced the first industrial coil at its new electrical steel line at the Mardyck site in France, marking the start of operations. The first coil, weighing over 17 tons, was produced on the initial…
The U.S. Department of Commerce has issued a final affirmative countervailing duty (CVD) determination on steel rebar imports from Algeria, finding that exporters benefited from government subsidies. Commerce determined…
Pakistan's Dost Steels Limited (DSL) has reported progress on its financial and operational restructuring, following a settlement agreement with its syndicate lenders, according to a company filing. The company has…
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Vietnam's Ministry of Industry and Trade (MOIT) has imposed temporary anti-circumvention measures on certain hot-rolled steel imports from China, extending existing trade defence actions. The ministry applied a duty of…
CMC Steel has completed two major power and automation upgrade projects at its Sayreville, New Jersey facility, as part of a broader modernization program executed by AIC. The first project involved a full revamp of the…
SSAB has signed a binding offtake agreement with Greenland Resources to secure long-term supply of low-carbon ferromolybdenum. Under the agreement, SSAB will source ferromolybdenum extracted in Greenland and refined in…
Benteler Steel/Tube and SMS group have completed the modernization of the stretch-reducing mill (SRM) at the Paderborn-Schloss Neuhaus plant in Germany. The project involved replacing the legacy CARTA automation system…
Turkish steelmaker Kardemir has increased prices for billet and rebar in its latest sales round. Billet prices were raised by USD 35-40 per ton compared to the previous month, with S235JR grade now offered at USD 540…
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