Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Austrian steelmaker Voestalpine has signed a long-term scrap supply agreement with ferrous and non-ferrous metal recycler TSR Group. The deal involves TSR subsidiaries Johann Neumuller GmbH (Linz) and ALFA…
BlueScope has announced it will lead a consortium including Nippon Steel, JSW Steel, and Posco to participate in the sale process for Australia's Whyalla Steelworks. The group, with a combined steelmaking capacity of…
Turkey's scrap import prices held steady this week at USD 340-345 per ton CFR as domestic steel mills prioritized boosting finished steel sales. Scrap buying activity remained subdued, with market participants noting…
Turkey's Trade and Economic Partnership Agreement with Qatar, signed in November 2018, will officially take effect on August 1, 2025, the Turkish Trade Ministry announced. The deal aims to boost mutual investments…
Iran's Mobarakeh Steel Company (MSC) announced that its subsidiary, Saba Steel & Rolling Mill, has successfully produced the high-strength hot-rolled automotive steel grade HAS60, equivalent to ATOS60, for the first…
Pakistan's Crescent Steel and Allied Products Limited posted a net loss of PKR 43.4 mln (USD 0.15 mln) for the fiscal year ending June 30, 2025, compared with a profit of PKR 1.27 bln in the previous year. The company's…
Iron ore futures slipped on Friday as traders remained cautious over weak demand prospects and the absence of significant stimulus measures from Beijing. Market sentiment had already been weighed down earlier in the…
Changzhou Dongfang Special Steel Co. Ltd. has successfully rolled the first bar on its new SBQ bar mill equipped with a Kocks RSB 370++/4, the core unit of the facility in Changzhou, China. The 800,000 tons per annum…
Sulb has achieved a significant milestone in sustainable steelmaking with the successful deployment of SMS group's Condoor technology at its Bahrain plant. The project marks the world's first fully automated slag-door…
Kocaer Steel has announced plans to open a new branch in Manisa, as approved by its Board of Directors, according to a stock exchange filing. The branch will be located in the Teknokent at Manisa Celal Bayar…
Iron ore futures fell further on Thursday as demand concerns resurfaced following weaker-than-expected factory activity in China. The country's official manufacturing PMI dropped to 49.3 in July, down 0.4 points from…
HBIS Group's Wuyang Iron and Steel has successfully produced the first slab on its new single-strand continuous caster at its Wugang facility in Henan province, China. Engineered by Primetals Technologies, the caster is…
Sims Limited and Equest Steel Pty Ltd, trading as Alter Steel, have signed a non-binding Memorandum of Understanding (MOU) to support Alter's planned electric arc furnace (EAF) project in Pinkenba, Queensland, slated to…
NeoSmelt, a low-emissions ironmaking initiative backed by BlueScope, BHP, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has taken a major step forward with the appointment of Tenova as the preferred…
UAE-based EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced its preliminary (unaudited) financial results for the first half of 2025. The group recorded…
Miilux OY, Turkey's only armor steel producer, has reached a new milestone by developing the capability to manufacture submarine hull steel in profile form using entirely domestic resources. This achievement follows its…
Iron ore futures slipped on Wednesday, reversing earlier gains after a key policy meeting in Beijing concluded without any major stimulus announcements to support economic growth. Chinese leaders signaled they would…
India's Steel Authority of India Limited (SAIL) has ordered Danieli's advanced Exstream II accelerated cooling system to upgrade its plate mill in Bhilai. The move aims to enhance operational efficiency, expand the…
Interpipe is supplying seamless steel pipes for a challenging engineering project located 3,000 meters above sea level in the Swiss Alps. The project involves the full reconstruction of an old observation tower at the…
Al Jazeera Steel Products Co. posted a 60pct YoY increase in net profit for the first half of 2025, reaching OMR 4.12 mln (USD 10.68 mln), up from OMR 2.56 mln in the same period last year, according to its latest…
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