Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey imported 3.24 mln tons of HRC in the first ten months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the largest supplier with 1.19 mln tons, followed by Russia…
Qatar Steel has signed a cooperation agreement with Qatar Primary Materials Company (QPMC) to recycle iron and steel recovered from construction and demolition waste at the Rawdat Rashed site. The partnership supports…
Iron ore futures fell again on Tuesday, pressured by rising global supply and slowing demand from Chinese steel mills. Sentiment weakened further after reports that Guinea's Simandou project, expected to produce 120 mln…
Greta Energy Limited has awarded Metso a contract to supply a traveling grate pelletizing plant for its greenfield steel project in Chandrapur, Maharashtra. The compact facility will be built around a 3-meter-wide…
Salzgitter AG and Umicore's Metal Deposition Solutions (MDS) unit have jointly developed a process that enables the recovery of iridium from anodes used in continuous electro-galvanizing, supporting resource…
The International Rebar Producers and Exporters Association (Irepas) reports that the global long steel products market remains subdued, with demand weak across all regions and the holiday period adding further…
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading producers ranged between PKR…
Turkey exported 768,400 tons of wire rod in the first ten months of 2025, a slight increase of 0.3pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the top destination with 272,300…
Saudi Arabia's East Pipes Integrated Co. for Industry has signed a steel pipe supply contract with the Saudi Water Authority (SWA) valued at more than SAR 485 mln (USD 129 mln), including VAT, according to a stock…
Iron ore futures declined on Monday as falling steel production reinforced a weak demand outlook. According to the China Iron and Steel Association (CISA), daily crude steel output among its member mills fell 6.4% in…
China's finished steel exports rose 7.5pct YoY to 9.98 mln tons in November, also up 2pct from the previous month, according to data from the General Administration of Customs. With shipments reaching 107.7 mln tons in…
Mitsubishi Shipbuilding and Nippon Steel have received the world's first General Design Approval (GDA) from ClassNK for a manufacturing process that enables large low-pressure liquified carbon dioxide (LCO2) cargo tanks…
Germany's GMH Gruppe has commissioned a new state-of-the-art Kocks Reducing & Sizing Block (RSB 445++/4) at its Georgsmarienhutte facility, enhancing product quality, dimensional accuracy, and rolling flexibility…
Turkey's imported scrap prices surged this week to USD 360-370 per ton CFR, up from USD 355-360 last week, driven by fresh bookings from Turkish steel mills. Buying activity strengthened as domestic rebar demand…
Turkey imported 15.2 mln tons of ferrous scrap in January-October 2025, a 7pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained the top supplier with 2.96 mln…
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, announced its contribution to the construction of the Zayed National Museum in Abu Dhabi's Saadiyat Cultural District. The…
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious. Iron ore inventories at major Chinese ports are still rising and, combined with increasing global supply, are…
ArcelorMittal is preparing to commission the first three production lines of its new electrical steel unit at the Mardyck site near Dunkirk by the end of 2025. Electrical steels, ultra-thin, specially treated steels…
Rugui Squares & Special Profiles, a leading Spanish steel producer, has successfully commissioned a new walking hearth reheating furnace at its Azkoitia facility, with the first hot billet rolled on November 27, 2025…
Turkey exported 12.5 mln tons of steel in the first ten months of 2025, up 12.6pct YoY, with export revenues rising 4.1pct to USD 8.5 bln, according to the Turkish Steel Producers' Association (TCUD). In October, steel…
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