Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkish steelmaker Isik Celik has commissioned a new medium section rolling mill at its Karabuk facility, equipment supplier Germaksan & Germuhendislik said. The launch followed successful hot tests, with parent company…
Oyak Group General Manager and Erdemir Chairman Murat Yalcintas welcomed recent changes to Turkey's Inward Processing Regime (DIR), calling them a positive step for the domestic steel industry. The Ministry of Trade's…
Pakistan imported 312,175 tons of steel scrap in August 2025, up 9.83pct YoY from 284,223 tons in the same month last year, according to Pakistan Bureau of Statistics (PBS) data. Imports were broadly stable compared to…
Iron ore futures fell on Tuesday as weak steel demand weighed on market sentiment. Pre-holiday restocking ahead of China's early October holidays provided some support, but sluggish steel consumption and high production…
Wuhan Iron & Steel Co. (WISCO), a subsidiary of China Baowu Steel Group, has signed the Final Acceptance Certificate (FAC) with SMS group for the successful modernization of its No. 2 hot strip mill in Wuhan, China. The…
India's Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on imports of cold-rolled non-oriented electrical steel (CRNO) from China, following its final findings. The…
U.S. Steel Kosice, Slovakia's largest steel producer, has signed a three-year contract with Harsco Environmental, a division of Enviri Corporation, for scrap cleaning services. Harsco has also entered into a five-year…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for October production. The company's rebar will remain at AED 2,590 (USD 705) per ton on an EXW basis. The above prices exclude the…
Turkey exported around 579,700 tons of wire rod in the first seven months of 2025, a 1.2pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Romania was the top buyer with 221,300 tons…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports of long steel…
Iron ore futures rose on Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
Hariom Pipe Industries Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish an integrated steel plant in Gadchiroli district with an investment of INR 3,135 crore (USD…
Outokumpu has released a whitepaper, The Evolution of Materials, outlining how recent tariffs and geopolitical tensions are changing global stainless steel sourcing strategies. Based on a May 2025 survey of 70 senior…
Turkey's scrap import prices fell this week, pressured by weak steel demand. Prices were assessed at USD 330-335 per ton CFR, down from USD 335-345 per ton CFR last week. Buying activity remains subdued, with mills…
Turkey imported 1.4 mln tons of pig iron in the first seven months of 2025, up 61pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1 mln tons, followed…
Turkish steel producer, Cemtas Celik Makina Sanayi ve Ticaret A.S. has unveiled plans to invest in a new 37 MWe land-based solar power plant across three sites in the Derik district of Mardin province, aiming to cut…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…
BP and Tenaris have signed a four-year agreement for the supply of casing and tubing, including 13Cr steel grade tubulars, along with technical support and field services for the Tangguh UCC project in Papua Barat…
Turkey imported 643,700 tons of CRC in the first seven months of 2025, a sharp 52pct increase on YoY basis, according to data from the Turkish Statistical Institute (TUIK). South Korea was the leading supplier with…
The European Commission has initiated an antidumping investigation into cold-rolled flat steel imports from Turkey, India, Japan, Taiwan, and Vietnam, following a complaint lodged by EUROFER on 4 August 2025. The probe…
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