Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Meranti Green Steel is advancing key development milestones for its planned 2.5 mln tons per year hot briquetted iron (HBI) plant in Duqm, Oman, ahead of a final investment decision (FID), according to local media…
Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment. Earlier this week, iron ore futures were supported by concerns over potential…
SMS group, together with consortium partner MCK Kutty Engineers Pvt. Ltd., has secured a contract from Steel Authority of India Limited (SAIL) to supply two coke dry quenching (CDQ) units for its IISCO Steel Plant in…
Tenaris has acquired the oilfield division of Canada-based AllTorque, a manufacturer of tubular running technology, as part of efforts to enhance its OCTG service offering. The acquisition builds on an existing…
ArcelorMittal has expanded its partnership with Romania-based Lio-Metal to promote the use of Magnelis coated steel, as the latter plans to phase out conventional galvanized steel across its product portfolio. Under the…
Thyssenkrupp Steel will further reduce production of grain-oriented electrical steel (GOES) in response to rising low-priced imports in the European market. The company's subsidiary, Thyssenkrupp Electrical Steel, will…
Outokumpu has launched a circular economy initiative at its Kemi mine aimed at utilizing mining side streams and reducing reliance on virgin raw materials, the company said. The project, developed in cooperation with…
Saudi Iron and Steel Company (Hadeed) has achieved a new monthly billet production record at its Jubail plant, producing 103,227 tons in October 2025, surpassing the previous record of 101,304 tons set in July. The…
Iron ore futures rose slightly on Thursday, supported by concerns over supply disruptions in Australia following the closure of key ports in the Pilbara region due to a tropical cyclone. Pilbara Ports said operations at…
Thailand's Millcon Steel has signed a memorandum of understanding (MoU) with Singapore-based Meranti Green Steel to collaborate on low-carbon steel production and decarbonization initiatives. The partnership will focus…
Thyssenkrupp Rasselstein is supplying CO2-reduced Bluemint packaging steel to Henkel for use in tinplate cans, supporting efforts to lower the carbon footprint of packaging, the company said. The material is being used…
Turkish steelmaker Kardemir has increased prices for long steel products in its latest sales round, citing higher scrap costs. According to the latest price list, 12-32 mm rebar is offered at TRY 25,915 (USD 584) per…
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated an emergency response to air…
Jindal Stainless has commissioned a 1.2 mln tons per year stainless steel melt shop in Indonesia through its joint venture, ahead of schedule, the company said. Following the commissioning, the company's total melting…
Vallourec has signed a series of contracts to supply oil country tubular goods (OCTG) for offshore projects in Indonesia, the company said. Two contracts signed in February 2026 cover 14,000 tons of OCTG products and…
Voestalpine has secured rail infrastructure orders totaling EUR 500 mln (USD 579 mln) from Germany's Deutsche Bahn (DB) and Switzerland's SBB, reinforcing its position in railway system solutions, the company said. The…
Turkish steel producer Kardemir has announced its sales allocation plan for Q2 2026, increasing billet and rebar volumes while reducing allocations for wire rod and profiles compared with the previous quarter. Billet…
Saudi Arabia's Arabian Pipes Co. (APC) has signed two contracts worth a combined SAR 241 mln (USD 64 mln) to manufacture and supply steel pipes to Saudi Aramco, according to a stock exchange filing. The first contract…
Iron ore futures extended gains on Tuesday, supported by improving steel production in China, although higher port-side inventories limited further upside. Market participants said iron ore demand remains firm as…
SSAB has opened a new steel service center in Mumbai, India, aimed at supplying processed components and kits made from Hardox wear plate and Strenx performance steel. The facility will cater to manufacturers of…
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