Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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India's Godawari Power and Ispat Limited (GPIL) has announced plans to expand capacity at its Ari Dongri iron ore mine in Chhattisgarh's Kanker district. According to a stock exchange filing, a public hearing for…
Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, has signed a long-term agreement with Oldendorff Carriers to lower carbon emissions in iron ore transport, advancing Salzgitter's drive toward a climate-neutral…
Turkey imported 2.56 mln tons of HRC in the first eight months of 2025, a 5pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). China was the leading supplier with 1 mln tons, followed by…
The UAE has extended the increase in customs duty on rebar and wire rod from 5pct to 10pct until October 12, 2026, according to a notice issued by Dubai Customs. Products covered by the duty include those under HS Codes…
Iron ore futures gained on Monday, supported by robust Chinese steel export figures, even as concerns over soft domestic steel demand persisted. Iron ore futures opened lower in the morning session amid renewed China-US…
China exported 87.95 mln tons of steel in the first nine months of 2025, a 9.2pct increase from 80.55 mln tons a year earlier, according to data from the General Administration of Customs. In September 2025, steel…
Turkey's imported scrap prices rose to USD 345-350 per ton CFR this week, up from USD 340-345 per ton last week, supported by higher freight and collection costs. Scrap buying activity picked up as Turkish mills booked…
Turkey exported 623,300 tons of wire rod in the first eight months of 2025, up 1.2pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest buyer with 223,700 tons, followed by…
Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…
Sterling Steel Company LLC has modernized its rolling mill in Illinois, with the completion of a major drive system upgrade by Primetals Technologies. The project involved replacing 16 outdated DC drives with new…
Outokumpu has signed an agreement with Spanish road tanker manufacturer Parcisa to supply its Circle Green stainless steel, which carries up to 93pct lower emissions than the global industry average. Parcisa becomes the…
BIR cautions that the European Commission's proposed steel safeguard could undermine recycling sector competitiveness and weaken circular economy goals. While the plan does not impose scrap export restrictions, a new…
Turkish steelmaker Kardemir has launched a new sales round for rebar and wire rod, releasing updated prices in its latest list. Rebar is now offered at TRY 23,365 per ton (USD 560), up from TRY 22,475 per ton (USD 544)…
Dubai-based private equity firm Synergy Capital has become one of India's largest independent producers of low-ash metallurgical coke after acquiring Saurashtra Fuel's flagship plant in Mundra, Gujarat. The deal marks…
Iron ore futures gained in post-holiday trade on Thursday, supported by restocking demand after China's National Day break. Market sources said some steel mills have resumed iron ore purchases, lending support to…
Hoa Phat Group produced 2.8 mln tons of crude steel in Q3 2025, up 14pct from Q2 and 35pct YoY. Sales of HRC, long steel, and billet reached 2.5 mln tons, down 4pct from Q2 but up 21pct YoY. Construction steel and wire…
Maruichi Stainless Tube Co. Ltd., a leading Japanese manufacturer, has commissioned SMS group to supply a complete extrusion line for stainless steel tubes at its new greenfield site in Shimonoseki, Japan. The scope…
Turkey exported around 2.6 mln tons of rebar in the first eight months of 2025, marking a 21pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the top destination for…
The Competition Commission of Pakistan (CCP) has imposed financial penalties exceeding PKR 1.56 bln (USD 5.5 mln) on Aisha Steel Mills Limited (ASML) and International Steels Limited (ISL) for cartelization and…
LY Steel has successfully started up a split-type 20-high HZ mill supplied by Primetals Technologies at its facility in Loudi, Henan Province, rolling the first coil of high-quality silicon steel for new energy…
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