Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Pakistani rebar manufacturer, Dost Steels Limited (DSL) has announced a strategic expansion of its business portfolio, moving beyond steel re-rolling to enter the trading and supply of construction materials, the…
Iron ore futures continued to rise on Tuesday, supported by short-term restocking ahead of the winter season, though a fragile demand outlook kept gains in check. Analysts said mills are replenishing inventories to…
India's Jai Raj Ispat has completed the Performance Guarantee (PG) test for its 350,000-tons-per-year TMT bar mill at the Orvakal Mega Industrial Hub in Kurnool, Andhra Pradesh, just two months after startup. The…
Tata Steel Nederland BV has implemented PSImetals Production and Quality Execution at its IJmuiden plant as part of its Smart Steel Factory programme, marking a key step in its transition toward greener and more…
Turkey imported 2.93 mln tons of HRC in the first nine months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.1 mln tons, followed by…
Japan's Sumitomo Corporation has formed a new joint venture in Muscat, Integrated Supply Chain Oman LLC, with state-owned Energy Development Oman. The company will focus on providing supply-chain management services to…
Iron ore futures jumped on Monday as expectations of new economic stimulus from Beijing boosted market sentiment. Commodity markets gained after China's finance minister signalled that fiscal policy will be strengthened…
Hengyang Valin has selected Danieli to supply two SDM cutting lines for integration into what will become the world's largest seamless pipe mill, now under construction in China. The order includes one billet-cutting…
India's state-owned iron ore producer NMDC has increased its lump ore prices while leaving fines unchanged, the company said in a stock exchange filing. Lump ore prices were raised by INR 50 (USD 6.2) per ton, bringing…
Rio Tinto has signed a Joint Development Agreement (JDA) with Australian environmental technology company Calix to support construction of the Zesty (Zero Emissions Steel Technology) demonstration plant in Kwinana…
Turkey's imported scrap prices held steady this week at USD 350-355 per ton CFR, unchanged from last week, as mills continued booking cargoes to replenish inventories. Market participants noted that more bookings are…
Turkey exported 714,500 tons of wire rod in the first nine months of 2025, a 3pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest buyer with 254,000 tons, followed…
Al Yamamah Steel Industries Company will take part in the planned capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to help advance its billet factory project, according to the company's…
Mughal Iron & Steel Industries Ltd (Mughal Steel) is accelerating expansion in its core ferrous operations while keeping its copper segment on hold amid global market volatility, the company said during a corporate…
Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted that some Chinese steel mills are replenishing…
Taiwan's China Steel Corp (CSC) will keep its domestic list prices unchanged for December, the company said, citing a mixed outlook for global and regional demand. CSC noted that although US interest-rate cuts may…
Tenaris said its subsidiary, Steel Recycling Services, has acquired the Beaver Falls scrap processing yard from SA Recycling. The 39-acre facility sits next to Tenaris's steelmaking plant in Koppel, Pennsylvania…
Turkey exported around 3 mln tons of rebar in the first three quarters of 2025, up 19pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest destination with 469,900 tons…
El Marakby for Metallic Industries (MKM), a subsidiary company of El Marakby Steel, has awarded Danieli Centro Combustion India a contract to supply a 60-tph pusher-type reheating furnace for its rolling mill in the 6th…
Egyptian Steel plans to launch a new investment program worth nearly EGP 2 bln (USD 42 mln) within the next 18 months, beginning early next year, according to Abdel Fattah Siam, general manager of the company's…
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