Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Tosyali Algerie has secured a DZD 15 bln (USD 115 mln) bond issuance, arranged by the Banque Exterieure d'Algerie (BEA), to support the ongoing expansion of its integrated flat steel complex in Bethioua, Oran. The…
Iron ore futures edged higher on Tuesday, supported by firm short-term fundamentals. Steelmakers using blast furnaces have maintained high production levels, buoyed by healthy profit margins. Additionally, lower…
Zhejiang Yuxin has successfully commissioned and granted final acceptance for its new Danieli Zerobucket Electric Arc Furnace (EAF), now operating stably and efficiently in China. The advanced furnace features Danieli's…
India's finished steel imports fell sharply in the first quarter of the financial year (April-June), declining nearly 29pct YoY to 1.4 mln tons, according to provisional government data cited by Reuters. The steep drop…
Salzgitter Group has signed a memorandum of understanding with UK-based Binding Solutions Ltd (BSL) to trial BSL's cold agglomerated pellets (CAPs) for both blast furnace (BF) and direct reduction (DR) applications. The…
Voestalpine has manufactured the world's first rail made using hydrogen-reduced steel at its Donawitz site, marking a significant milestone in green steel production. Developed as part of a pilot project, the "green…
Emirates Steel, a subsidiary of EMSTEEL Group, has announced the introduction of a Temporary Import Displacement Discount (TIDD) in response to a recent increase in imported steel sections, particularly from China. The…
Pakistan's steel scrap imports fell by 14pct YoY in June 2025, according to data from the Pakistan Bureau of Statistics (PBS). The country imported 188,417 tons of scrap during the month, its lowest level since April…
Coking coal futures slumped on Monday after the Dalian Commodity Exchange (DCE) announced new trading restrictions aimed at curbing speculative activity, prompting investors to take profits. Effective from the night…
British Steel announced that production has resumed at its Teesside beam mill following the successful completion of its annual zero-harm summer maintenance programme. The 16-day maintenance campaign involved extensive…
Turkey's scrap import prices held steady this week at USD 340-345 per ton CFR, but buying activity picked up amid improved domestic steel demand. The increase in scrap purchases coincided with improved local steel sales…
Turkish steelmaker Kardemir has increased its billet prices by USD 15 per ton in its latest sales round, according to its latest price list, compared to the levels announced early this month. As per the updated pricing…
The Saudi Iron and Steel Company (Hadeed) has maintained its long steel prices for August production. Rebar (12-32 mm) remains priced at SAR 2,130 (USD 566) per ton, while wire rod (6.5-16 mm) is unchanged at SAR 2,320…
Vale's iron ore pellet production in Oman fell nearly 32pct YoY in Q2 2025 to 1.744 mln tons, though it rose 9.3pct compared to the previous quarter. In the first half of 2025, Vale Oman's output declined 11.2pct YoY to…
Saudi Arabia's Amiantit Co. announced that the General Authority for Foreign Trade (GAFT) has initiated an anti-dumping investigation into ductile iron pipe imports from India, according to a stock exchange filing. The…
Iron ore futures fell on Friday as rising supply stoked concerns among traders, although the near-term outlook remains firm due to resilient steel production. Exports from Australia's Port Hedland rose to 49.1 mln tons…
SteelAsia is achieving high efficiency and quality at its new high-speed rebar mill in Compostela, Cebu, Philippines, according to equipment supplier Danieli. The mill has a production capacity of 800,000 tons per year…
SSAB and EMW Steel Service Centre have entered a long-term partnership for the supply of fossil-free steel, supporting EMW's goal to further reduce its carbon footprint. Low-emission steel is already central to EMW's…
Turkish pipe manufacturer Erciyas Celik Boru has secured a contract to supply hydrogen pipelines for a European energy project, the company announced in a stock exchange filing. Erciyas won the tender issued by the…
National Building and Marketing Co. (NBM) has increased the capital of its subsidiary, Ajeej Steel Manufacturing Co., from SAR 180 mln (USD 47.9 mln) to SAR 300 mln (USD 79.9 mln), the company announced in a stock…
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