Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Saudi Iron and Steel Company (Hadeed) has reduced its domestic scrap buying prices by SAR 70 (USD 19) per ton, effective September 11, amid relatively moderate finished steel demand. The reduction follows a period of…
Chinese exports of hot rolled (HR) steel (HS 7208), including coils and plates, to GCC countries remained under pressure in July 2026, despite easing Chinese export prices, as prolonged logistics disruptions, high…
UAE's EMSTEEL Group has supplied low-carbon Z-type steel sheet piles through its distributor, Sheet Piling (UK) Limited, for the Middlewich Eastern Bypass project in Cheshire, UK. The sheet piles are being used to…
China's iron ore futures fell on Monday, extending their recent decline, as weak steel mill margins and subdued steel demand continued to weigh on the market. Market participants said worsening profitability is…
Swedish green steelmaker Stegra has selected four shipping and logistics companies to manage its sea transport operations, supporting the movement of raw materials and finished steel products across Europe. ESL Shipping…
Turkey's scrap import prices increased this week as improving finished steel demand encouraged mills to increase buying interest, while limited scrap availability and higher freight and collection costs continued to…
Wire rod prices in the GCC remain firm amid high production costs, tight regional availability and elevated freight costs, despite relatively moderate trading activity. In Saudi Arabia, Hadeed has raised its September…
Direct reduced iron (DRI) production in the Middle East and North Africa (MENA) increased 8.3pct YoY to around 67.7 mln tons in 2025, according to Midrex Technologies' 2025 World Direct Reduction Statistics. The region…
Tosyali Algerie has made its first export shipment of cold-rolled steel from its new cold rolling complex in Bethioua, Oran, marking the start of international sales from the facility. The company said the first export…
Egypt's Ministry of Industry has received 10 applications from local steel companies for eight billet production licences with a combined capacity of 2.8 mln tons per year, according to local media reports. The…
China's iron ore futures fell on Friday as uncertainty over a recovery in steel demand continued to weigh on market sentiment. Market insiders said Chinese steel demand remains weak, with expectations for the…
Tata Steel has commissioned a coke oven gas (COG) injection project at Blast Furnace No. 1 at its Meramandali steel plant in Odisha, describing it as the first-of-its-kind project in the Indian steel industry. The…
Vallourec has broken ground on a new production line at its Serra facility in Espirito Santo, Brazil, dedicated to Proxxima resin systems with Goldilocks (GDLX) subsea thermal insulation technology. The project marks a…
The UK has extended its anti-dumping duty on wire rod originating from China for a further five years, with the measure now set to remain in place until January 28, 2031. The decision, published by the UK government on…
Turkey's HRC imports declined 12.8pct YoY to 1.98 mln tons during the first seven months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained Turkey's largest HRC supplier during…
Turkish steel pipe producer Erciyas Celik Boru has undertaken the production of 563 steel pile pipes for a pier construction project in the Canakkale Strait being carried out by Turkey's Ministry of National Defence…
Silvan Rolls, part of Vergili Group, has started production at its new steel plant in Karabuk following trial operations, with the facility completing its first quality steel billet casting. The company had announced…
Vale has welcomed the Sohar Max, a 400,000 DWT Valemax-class iron ore carrier, on its first call to Oman, delivering iron ore to Vale's operations in Sohar. Valemax vessels are among the world's largest bulk carriers…
China's iron ore futures fell on Thursday as weak steel mill margins continued to weigh on demand sentiment. Market insiders said Chinese steel mills remain cautious about iron ore restocking, with squeezed margins…
Indian steel export prices have strengthened significantly in recent weeks, amid higher raw material costs, firmer domestic steel prices and expectations of improving demand. Indian HRC export offers are currently heard…
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