Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkish steelmaker Kardemir has launched a new billet sales round, trimming prices by USD 5 per ton from its previous offers issued on December 17, 2025. Under the latest offer, the company's S235JR billets are offered…
Turkey imported around 17 mln tons of ferrous scrap in the January-November 2025 period, down nearly 6.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's…
Morocco's leading flat steel producer Maghreb Steel has strengthened steelmaking efficiency and workplace safety by installing new automated systems supplied by MORE, a manufacturer of chemical energy and auxiliary…
Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank said it would continue to ensure ample liquidity…
Vietnamese steelmaker Hoa Phat Group has increased domestic HRC prices for February and March deliveries. The company is offering SAE1006/SS400 grade HRC at around USD 510-511 per ton CFR, up USD 4-5 per ton from prices…
Haynes International Inc., a nickel- and cobalt-based alloy producer based in Kokomo, Indiana and part of North American Stainless, a subsidiary of Acerinox Group, has commissioned SMS group to supply a fully integrated…
The board of BlueScope said it has unanimously rejected an unsolicited, non-binding and conditional takeover approach from a consortium comprising SGH Limited and Steel Dynamics. The proposal sought to acquire all…
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports. The investment will fund a new plant in the industrial zone of New October…
The Ministry of Industry has announced a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanized, and pre-painted steel products. In a statement, the…
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of a rebound in Chinese steel output as…
Vietnamese steelmaker Hoa Phat Group has selected Danieli to supply a new long-products rolling mill and a four-strand continuous casting machine to be installed in Tay Ninh province. The new facility, with a designed…
Tenaris has commissioned a new automated inspection line at TuboCaribe, its production center in Cartagena, strengthening operational safety, product quality, and efficiency, the company announced in a press release…
SMS group has strengthened its position as a full-line supplier for sustainable metallurgy by acquiring selected business units and technologies from Metso across Germany, India, China, and Australia. The move enhances…
Egypt's Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing as part of its investigation into potential safeguard measures on imports of cold-rolled, galvanized, and pre-painted steel…
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile. Prices were underpinned by the resumption of…
India's state-owned miner NMDC Ltd produced 5.4 mln tons of iron ore in December 2025, up 15pct YoY from 4.71 mln tons, according to a stock exchange filing. Iron ore sales also rose sharply, increasing 19pct YoY to…
Indian special steel producer, Arjas Steel has successfully commissioned a new ingot casting facility at its Tadipatri plant, strengthening its strategy to expand into higher-value specialty and alloy steel…
Australian steelmaker BlueScope said it received an unsolicited, non-binding and indicative proposal on 12 December 2025 from an Australian-US consortium to acquire all its shares via a scheme of arrangement at AUD…
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and Turkish long steel export offers reinforcing a market…
China's iron ore futures market delivered one of the clearest paradoxes of 2025. Futures prices remained resilient and ended the year higher despite weakening domestic steel demand and a gradual decline in crude steel…
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