Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures extended losses on Wednesday, marking a fifth consecutive session of declines, as rising supply and lingering demand concerns continued to weigh on market sentiment. Supply-side pressure intensified…
Xiangtan Iron and Steel has again selected Primetals Technologies to upgrade its Multi-Purpose Interrupted Cooling (MULPIC) line, aiming to improve cooling performance for new, higher-value alloys and increase…
Rio Tinto reported a 4pct YoY increase in iron ore output in Q4 2025 to 89.7 mln tons, supported by a strong recovery in the Pilbara following earlier weather disruptions. For full-year 2025, iron ore production was…
Turkey exported around 2.65 mln tons of HRC in the first eleven months of 2025, up 27pct YoY, according to data from the Turkish Statistical Institute (TUIK). Italy was the largest destination, importing 773,400 tons…
Qatar has implemented a hike in customs duties on imports of non-alloy rebar and wire rod to 10pct from the previous 5pct, according to Emiri Decree No. (117) of 2025 published in the Official Gazette in January 2026…
East Pipes Integrated Company for Industry has approved a capital investment of approximately SAR 33.6 mln (USD 8.95 mln) for the acquisition of strategic material handling assets, the company said in a disclosure to…
Iron ore futures fell on Tuesday as market sentiment weakened following a fatal accident at a Chinese steel plant, raising concerns over tighter safety inspections and their potential impact on steel production. An…
Tata Steel Nederland has opened a new production line for sustainable packaging steel at its IJmuiden site, setting a fresh European benchmark in environmentally friendly food-grade steel manufacturing. The new line…
Ukrainian steel pipe producer, Interpipe has secured a one-year supply contract for an infrastructure project in Italy, the company said in a press release. Under the agreement, Interpipe will supply 2,600 tons of steel…
BHP Group reported record iron ore production and shipments in the first half of FY26, driven by strong supply chain performance, the miner said in its operational review for the six months ended 31 December 2025. Iron…
East Pipes Integrated Company for Industry said its board has approved the establishment of a new external steel pipe coating line at its plant in Dammam, with an investment of about SAR 78.5 mln (USD 20.9 mln)…
Iran recorded a sharp increase in iron and steel exports in the nine months ending in late December, according to local media citing data from the Iranian Steel Producers Association (ISPA). Export revenues rose 27pct…
Iron ore futures fell on Monday as soft economic data and lingering weakness in China's property sector continued to weigh on market sentiment, alongside lower steel production figures for last year. Data from the…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to maintain all product prices for January sales under its latest monthly pricing policy. HRC (1.7-22 mm) remains at JPY 86,000 (USD 545)…
Tenaris is restarting heat treatment and finishing operations at its Koppel, Pennsylvania facility, reinforcing its focus on supplying domestically produced steel pipes to the US energy sector. The move follows a USD…
Turkey's imported scrap prices firmed this week, with assessments rising to around USD 370-375 per ton CFR, compared with USD 370 per ton previously. The uptick came despite subdued buying activity, as sellers…
Pakistan's National Tariff Commission (NTC) has initiated a second sunset review of anti-dumping (AD) duties imposed on imports of cold-rolled (CR) coils and sheets originating in and/or exported from China, according…
EMSTEEL has expanded cooperation with Emirati real estate developers by signing a strategic memorandum of understanding with MERED to evaluate and deploy high-strength reinforcement steel in property developments. The…
The global scrap steel market is entering 2026 facing continued uncertainty, as subdued steel demand, record Chinese steel exports and slower-than-expected decarbonization efforts weighed on scrap consumption and prices…
Iron ore futures declined on Friday as rising inventories at major Chinese ports weighed on market sentiment, although expectations of improved demand helped limit losses. Port stocks continued to build as tight…
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