Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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South Africa's International Trade Administration Commission (ITAC) has proposed new import duties of up to 30pct on steel products in a bid to protect the domestic sector from rising import pressure. The proposal…
Hascelik, a leading Turkish specialty steel producer, has successfully completed trial production of 42CrMo4 and 41Cr4 quenched and tempered steels using vacuum closed casting technology, underscoring its commitment to…
Abu Dhabi-based Al Gharbia Pipe Company set a new monthly record in JCO pipe production in July 2025, producing more than 5,000 pipes with output exceeding 40,000 tons. This marks the company's highest production level…
International Steels Limited (ISL), Pakistan's leading flat steel producer, reported a significant drop in earnings for the financial year ended June 30, 2025. The company's post-tax profit declined 57.3pct YoY to PKR…
Iron ore futures slipped on Wednesday as steel production curbs and soft demand weighed on sentiment. Authorities have ordered several mills in Tangshan to cut sintering output between August 25 and September 3, 2025…
ZK International Group Co., Ltd., a China-based engineering company specializing in high-performance steel products, announced that its subsidiary, Zhejiang Zhenkang Industrial Co., Ltd., has won a contract in the…
Turkish pipe producer Borusan Pipe posted a decline in first-half earnings for 2025, but delivered a strong recovery in the second quarter, according to its financial statement. In H1 2025, net profit fell 26.4pct YoY…
Turkey imported 1.4 mln tons of pig iron in the first half of 2025, up 51pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia was the largest supplier with 860,000 tons, followed by…
Iron ore futures fell on Tuesday as demand outlook weakened amid potential production curbs and slowing steel consumption. Market sources said several steel mills in Tangshan have been instructed by authorities to cut…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, said it will keep product prices unchanged for September, marking the fourth straight month of no adjustments. HRC remains at JPY 89,000 (USD 603) per…
Tenaris announced a technical milestone in offshore Brazil with the successful use of corrosion-resistant alloy (CRA) tubulars featuring its Dopeless technology in two wells at the Buzios and Jubarte fields. Each well…
Turkey imported 495,600 tons of CRC in the first half of 2025, up 33pct YoY, according to Turkish Statistical Institute (TUIK) data. South Korea was the largest supplier with 159,600 tons, followed by Russia at 137,000…
UAE-based Rhino Steel has produced the first aluzinc coils at its new coating line in Umm Al Quwain Industrial City. In 2023, Rhino Steel, along with three other steelmakers, announced plans to transform 1.4 mln square…
Iron ore futures fell on Monday as expectations of steel production curbs and weak demand weighed on sentiment. Iron ore futures risen earlier in the session, supported by strong Chinese steel output and healthy mill…
India's Directorate General of Trade Remedies (DGTR) has recommended a three-year safeguard duty on imports of certain non-alloy and alloy flat steel products to protect domestic producers from a surge in low-priced…
Japan's steel associations have called on the government to introduce import trade measures to protect domestic producers from a surge in steel exports driven by China's excess production capacity, the Japan Iron &…
Severstal has begun installing the world's largest dry-grinding ball mills at its new iron ore pellet production complex in Cherepovets. The mills, each measuring 6.7 meters in diameter and over 13 meters in length…
Turkey's scrap import prices remained stable this week at USD 345-347 per ton CFR, as buying activity slowed on the back of weak finished steel demand. Many Turkish steel mills, focusing on selling finished steel…
Turkish steelmaker Kardemir kept billet prices unchanged in its latest sales round, matching the levels set on 24 July. The company offered S235JR grade billets at USD 500 per ton EXW and B420 grade billets at USD 510…
Bahrain's Universal Rolling (Unirol) has urged authorities to shield local steelmakers from dumping, warning that the country's open trade policy risks turning it into a market for surplus foreign steel. Operations…
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