Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Arabian Pipes Co. (APC) of Saudi Arabia reported a nearly 40pct YoY decline in net profit for the second quarter of 2025, driven by a drop in sales volumes, according to its filing with the stock exchange. Net profit…
Iron ore futures edged lower on Thursday amid lingering concerns over the demand outlook and a decline in Chinese crude steel production. Sentiment was dampened by data from the China Iron and Steel Association (CISA)…
China's steel exports surged 11.4pct YoY in the first seven months of 2025, reaching 67.9 mln tons, according to the General Administration of Customs. In July alone, exports rose 25.6pct YoY to 9.83 mln tons and were…
Lianxin Iron & Steel, a major private steelmaker based in Yancheng, Jiangsu, has ordered a Kocks Reducing & Sizing Block (RSB) 370++/4 in the latest 5.0 design for its new special bar quality (SBQ) mill line. The RSB…
Tata Steel Kalinganagar has produced its first batch of galvanized coils from the newly commissioned Continuous Galvanizing Line-1 (CGL-1) at its cold rolling mill complex, marking a key milestone in the company's Phase…
Turkish steel producer Kardemir has launched a new sales round for rebar, announcing updated prices in its latest price list. The company raised its rebar price to TRY 22,625 per ton (USD 556), up from TRY 22,250 per…
Turkey exported approximately 2 mln tons of rebar in the first half of 2025, marking a 28pct year-on-year increase, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the top destination…
Iron ore futures edged lower on Wednesday as concerns over demand weighed on market sentiment. The potential for environmentally driven steel production curbs ahead of Beijing's upcoming military event has raised fears…
India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has increased prices by INR 400 (USD 4.55) per ton for August deliveries, according to a filing with the stock exchange…
Tenaris has announced plans to build a new service center in northeastern British Columbia to support oil and gas drilling operations in the Montney formation. The new facility will expand Tenaris's presence in Canada…
Ezz Steel, one of Egypt's leading steel producers, has kept its rebar prices unchanged for the eight consecutive month. The company's rebar price remains at EGP 38,200 (USD 788) per ton EXW, inclusive of 14pct VAT. Ezz…
ArcelorMittal Tubular Products Jubail (TPJ) has awarded the EPC contract for its heat treatment and finishing line expansion to Sinosteel Equipment & Engineering Co. Ltd. (Sinosteel MECC), with Tenova S.p.A. supplying…
Turkey imported approximately 9.4 mln tons of scrap in the first half of 2025, down by nearly 9pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States was the top supplier, delivering…
Egypt's Minister of Industry and Transport, Kamel Al-Wazir, met with leading steel producers to advance plans for localizing automotive steel, a key part of the country's broader strategy to deepen local manufacturing…
Iron ore futures extended gains on Tuesday, supported by firm demand and strong fundamentals in the steelmaking sector. A rise in steel production by Chinese mills, driven by healthy profit margins and falling port-side…
Vietnam-Italy Steel, a subsidiary of Japan's Kyoei Steel Group, has commissioned a new high-speed rolling mill in Hai Phong, northern Vietnam, with an annual capacity of 500,000 tons of rebar ranging from 10 to 51 mm in…
The European Commission has reduced the anti-dumping duty on hot-rolled flat steel imports from Egypt's Ezz Steel to 11.7pct, down from the previously imposed provisional rate of 12.8pct, according to an official…
Iron ore futures rose on Monday, buoyed by strong near-term fundamentals, though gains were capped by a weaker long-term outlook. Support came from higher steel production, particularly among blast furnace-based…
India's JSW Steel and Japan's JFE Steel will invest around USD 670 mln to significantly expand the capacity of their joint venture companies, JSW JFE Electrical Steel Private Limited (J2ES Vijayanagar) and JSW JFE…
Seah Besteel and Seah CSS, subsidiaries of South Korea's Seah Group, have filed an anti-dumping complaint targeting imports of special steel bars from China. The move follows recent government approval of Hyundai…
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