Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey imported around 12.2mln tons of scrap in January-August 2025, marking a 9pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest supplier with…
Hascelik has inaugurated a new sustainability-focused melt shop in the Bilecik Osmaneli Organized Industrial Zone, backed by an investment of USD 175 mln. The plant will produce specialty steel for the automotive…
India has initiated an antidumping investigation into imports of cold-rolled stainless steel products of the 300 and 400 series from China, Indonesia, and Vietnam, according to a notification from the Directorate…
The bankrupt Liberty Ostrava steelworks has been acquired by SPV NH Ostrava, a company owned by former Deputy Prime Minister Martin Pecina, for over CZK 3 bln (USD 143.6 mln), according to local media. The plant…
Rio Tinto, Mitsui, and Nippon Steel will jointly invest USD 733 mln to develop new iron ore deposits under the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia's Pilbara region…
Turkish steelmaker Kardemir has raised its wire rod prices by USD 10 per ton, according to its recent price list. The company is offering 5.5 mm SAE 1006 grade at USD 590 per ton EXW, while 5.5 mm SAE 1008-1010 grades…
Egypt's Trade Remedies Sector, part of the Ministry of Investment and Foreign Trade, has extended its antidumping investigation into imports of cold-rolled, galvanized, and pre-painted steel from Turkey and China for an…
ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) and Jubail Energy Services Company (JESCO) have closed a USD 1.4 bln strategic financing package to support their major heat treatment and advanced premium…
Amreli Steels Limited's board has approved the direct issuance of up to 40 mln ordinary shares at PKR 25 each, raising PKR 1 bln (USD 3.5 mln) to strengthen working capital and support its credit restructuring plan. The…
Jindal Stainless, through its subsidiary Jindal Stainless Steelway, has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. Spanning 400,000 sq ft, the facility will primarily serve…
Outokumpu's Calvert mill in Alabama has been recognized by Partners for Environmental Progress (PEP) for its efforts to reduce environmental impact, marking the third consecutive year it has received PEP's Environmental…
Network Steel Group (NSR) has entered into a five-year power purchase agreement (PPA) with Statkraft and Fortia Energia to secure a stable electricity supply and support sustainable growth. The deal will help the group…
Metalloinvest's Lebedinsky GOK has completed major repairs at two hot briquetted iron (HBI) production units, HBI-1 and HBI-2, five days ahead of schedule. The 17-day HBI-1 overhaul included shaft furnace repairs…
Turkey's imported scrap prices rose this week to USD 340-345 per ton CFR, up from USD 335-340 per ton CFR last week, supported by higher freight and collection costs. However, buying sentiment remains weak as mills…
Turkish billet producer Vertra Steel has begun operations at its new automated, environmentally friendly plant in the Ceyhan Organized Industrial Zone, Adana. The facility, with an annual capacity of 800,000 tons, is…
ArcelorMittal Tubular Products Al-Jubail (TPJ), one of Saudi Arabia's most advanced industrial facilities, has completed the discovery phase of a warehouse optimization project in partnership with Sigma Software. The…
China, the world's largest iron ore consumer, has reportedly instructed its steelmakers to halt purchases from Australian mining giant BHP, according to multiple media reports. The move is linked to a breakdown in…
Brazil's Minerios Itauna Ltda (Minerita) has awarded Metso the supply of key comminution equipment for its greenfield compact iron ore project in Itatiaiucu, Minas Gerais. The plant will target 4.5 mln tons per year of…
Turkish and Pakistani pipe producers are facing an administrative review by the Canada Border Services Agency (CBSA) on welded pipe imports. The review will reassess normal values and export prices for certain carbon…
Yamato Steel Co., a leading Japanese producer of beams and structural steel, has awarded SMS group a contract to modernize its section mill in Himeji. The project will replace two existing mill stands with SMS's compact…
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