Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Tata Steel has successfully rolled the first coils at its Jamshedpur compact strip production (CSP) plant following an extensive upgrade carried out by SMS group. The revamp included the installation of a new F7…
UAE-based Arabian Gulf Steel Industries (AGSI) has completed both cold and hot trials at its new rolling mill, HRM 3, located at ICAD II in Abu Dhabi. The mill is now in the final stages of commissioning and…
EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable…
Saudi Iron & Steel Company (Hadeed) has signed a letter of intent with the National Shipping Company of Saudi Arabia (Bahri) to explore potential cooperation in maritime transport to support Hadeed's iron ore shipping…
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at major Chinese ports, rising global supply, and…
Tonghua Iron and Steel (Tonggang) has completed a ladle furnace upgrade at its Jilin Province site, with Primetals Technologies supplying and commissioning a new set of three-phase copper-clad electrode arms. The…
Rio Tinto and BHP have agreed to explore collaboration to extract up to 200 mln tons of iron ore from their neighboring Yandicoogina and Yandi operations in the Pilbara. Under two non-binding memoranda of understanding…
Australian steelmaker InfraBuild has upgraded the electrical protection system at its Laverton steelworks in Victoria with the installation of two ABB VD4-AF vacuum circuit breakers to provide backup for its main…
Turkish steelmaker Kardemir has lowered wire rod prices in its latest sales round, according to the company's updated price list. Kardemir is now offering 5.5 mm SAE 1006 grade wire rod at USD 597 per ton EXW, while 5.5…
Turkish steel producer Kocaer Celik reported record-high production and sales volumes for the 2025 fiscal year, according to a stock exchange filing. The company's total steel production rose 26pct YoY to 648,105 tons…
Saudi Arabia's Solb Steel has signed a memorandum of understanding with the National Industrial Development Center to explore the production of Special Bar Quality (SBQ) steel and round billets, in line with Saudi…
UAE's RACS Quality Certificates Issuing Services LLC is now fully authorized by Ministry of Industry and Advanced Technology (MOIAT) to provide Emirates Conformity Assessment Scheme (ECAS) and Emirates Quality Mark…
Iron ore futures edged higher on Wednesday, supported by record Chinese steel export and iron ore import data, although overall market sentiment remained cautious. Data from the General Administration of Customs showed…
China's steel exports and iron ore imports reached all-time highs in 2025, intensifying global trade tensions and prompting several importing countries to adopt more protectionist measures. Data from the General…
Turkey imported 3.63 mln tons of HRC in the first eleven months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.3 mln tons, followed by…
A final investment decision (FID) on Vale's proposed low-carbon iron Mega Hub at the Special Economic Zone at Duqm is expected this year, with construction planned to start next year, according to Nasser al Azri, CEO of…
Iron ore futures edged lower on Tuesday as market sentiment remained cautious, although near-term factors helped limit losses. Higher portside inventories in China, rising global iron ore supply and slow steel demand…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has lowered prices for both iron ore lump and fines, according to a stock exchange filing. Under the revised pricing, 65.5pct Fe lump…
Vietnamese steelmaker Formosa has increased domestic prices for HRC scheduled for February-March delivery. The company is offering SAE 1006 and SS400 grades at around USD 504-514 per ton, depending on volumes, up by…
Taiwanese steelmaker China Steel Corporation (CSC) said it will raise prices for selected flat steel products for February sales, citing higher steelmaking costs and an improving global demand outlook. The company's…
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