Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Aperam has completed a major upgrade of its stainless steel meltshop in Genk, Belgium, improving operational reliability, flexibility and environmental performance. The project, delivered by Primetals Technologies…
EMSTEEL reported solid preliminary (unaudited) results for 2025, supported by favourable UAE market conditions and higher sales volumes across its core businesses. Group revenue rose 7pct YoY to AED 8.9 bln (USD 2.42…
Turkey's Mazlum Steel Pipes has won a steel pipe supply contract from Botas for the Kuluncak-Elazig natural gas pipeline project in eastern Turkey. Botas collected bids for the tender on January 22, 2026, with four…
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical steel market ahead of the Chinese New Year holidays. Prices…
Sims Limited has agreed to acquire the assets of Tri Coastal Trading (TCT) in Houston, Texas, for USD 66.5 mln as part of a strategy to consolidate its Houston operations and reduce operating costs, according to the…
Salzgitter AG has expanded its long-standing cooperation with Volvo Cars through a closed-loop recycling partnership that strengthens circular economy practices between the two companies. Under the initiative, known as…
Turkey imported 3.9 mln tons of HRC in 2025, up 8pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier, accounting for 1.36 mln tons, followed by Russia with…
Miilux Oy, a subsidiary of Oyak, has completed the acquisition of Haggblom from Metso, following regulatory approvals. The agreement was signed in December, when Metso announced the divestment of its loading and hauling…
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at major Chinese ports, coupled with rising global supply and a…
Bangladesh-based Abul Khair Steel Ltd. has contracted Danieli to modernize its rebar rolling mill in Chittagong, with the aim of expanding its product range and enhancing flexibility to serve customers as a single-point…
Salzgitter AG has announced plans to become the sole shareholder of Huttenwerke Krupp Mannesmann (HKM) in Duisburg, following negotiations with Thyssenkrupp Steel, mediated by former Hesse minister-president Roland…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand and cautious buying continued to weigh on the market. Turkey's scrap import prices were assessed steady at USD 370-375 per…
Turkey exported 907,300 tons of wire rod in 2025, down nearly 1.4pct YoY from 919,900 tons in 2024, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest destination, absorbing…
Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore futures remained under pressure due to higher port-side…
Tenaris has opened a new service center in Fort St. John, British Columbia, located in the Montney Formation, one of North America's largest natural gas regions and a key area supporting Canadas LNG developments. The…
Huttenwerke Krupp Mannesmann (HKM) has selected Primetals Technologies to supply new Mold Expert Fiber systems for installation at its Duisburg plant, aiming to further enhance slab quality and process control in…
British Steel has supplied 480 tons of structural steel sections to a major industrial and logistics development at Associated British Ports' Helm site in Immingham, described as one of the most significant regional…
GravitHy, Elyse Energy and Marcegaglia have signed a memorandum of understanding to explore industrial synergies at the Fos-sur-Mer industrial-port area in southern France. The agreement supports the development of a…
Turkey exported 4.1 mln tons of rebar in 2025, up 21pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest destination, receiving around 700,000 tons. It was followed by…
Pakistan-based Crescent Steel and Allied Products Limited reported a 1pct YoY increase in net profit to PKR 679.73 mln (USD 2.42 mln) for the first half of FY26 ended December 31, 2025, compared with PKR 672.98 mln a…
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