Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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PT Bahagia Steel, an Indonesian producer of round bar and rebar based in Surabaya, has placed its first order with SMS group for a twin-strand high-speed delivery (HSD) rebar production line for its Kampung Wringinanom…
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…
Iron ore futures climbed on Thursday, supported by improving demand sentiment in the market. Steel production in China is expected to rebound following the lifting of temporary environmental output curbs that were…
Yongfeng Group has awarded Fives a contract to design and supply annealing furnaces for new strip processing lines at its upcoming steel facility in Linyi, Shandong province, China. The project will include the…
Jindal Steel Limited has been declared the preferred bidder for the Rengalaberha North-East Extension and Nuagan West iron ore blocks in Keonjhar district, Odisha, following an online auction conducted by the state…
Tenaris will build a new office building at its Midland Service Center in Texas, marking a USD 12 mln investment in the company's largest service hub worldwide. The facility, which supports more than 200 employees, is a…
Turkish steelmaker Kardemir has raised prices for semi-finished and long steel products in its latest sales round, testing market sentiment amid rising costs linked to tensions in the Middle East. The company increased…
Turkey's Ministry of Trade has identified significant dumping margins on imports of certain flat steel products from China and South Korea following an anti-dumping investigation covering cold-rolled flat steel…
Iron ore futures rose on Wednesday on expectations of improved demand in the near term. Market analysts expect China's steel production to recover following the conclusion of the country's annual parliamentary meetings…
China's finished steel exports declined 8.1pct YoY to 15.59 mln tons in January-February, according to data released by the General Administration of Customs. The drop is partly attributed to the new export licensing…
Zunyi Changling Special Steel has successfully produced the first heat from its new Danieli Zerobucket electric arc furnace (EAF), marking a key milestone for both the steelmaker and Danieli. The furnace, capable of…
Celsa Barcelona has successfully commissioned a Condoor automatic slag door system on EAF #2 at its steelmaking plant, marking the second installation supplied by SMS group at the site. The collaboration between the two…
Vallourec announced that it has supplied advanced tubular solutions for the Carbon TerraVault I (CTV I) carbon capture and storage (CCS) project being developed by California Resources Corporation at the Elk Hills field…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has determined that increased imports of certain flat steel products have caused serious injury to the domestic industry, according to a…
Turkey exported 36,900 tons of wire rod in January 2026, down 33pct YoY, according to data from the Turkish Statistical Institute (TUIK). Exports also more than halved compared with the previous month, when shipments…
EMSTEEL, the UAE's largest steel and building materials producer, supplied GreenSheetPile Z-section sheet piles for a new quay wall project at Weymouth Harbour in the UK. Installation is being carried out by Sheet…
Iron ore futures inched higher on Tuesday, supported by expectations of improved demand amid lower shipments from major suppliers and the anticipated recovery in Chinese steel output. Market sentiment improved following…
Tenaris has collaborated with Canadian energy company Cenovus Energy to advance thermal well design solutions aimed at improving efficiency and reliability in Canada's oil sands operations. The initiative focuses on…
MagMetallPak LLC, part of the MMK Group, specializes in the production of packaging components used to protect finished steel products during transportation and storage for Magnitogorsk Iron and Steel Works (MMK). The…
Turkey exported 302,500 tons of rebar in January 2026, down 27pct YoY, according to data from the Turkish Statistical Institute (TUIK). The country's rebar exports also declined 21pct compared with the previous month…
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