Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures extended their decline on Thursday, pressured by rising supply from major producers. In contrast, coking coal prices continued to climb amid persistent supply concerns. Brazil's Vale reported a 3.7pct…
Metso has secured an order to deliver sustainable filtration technology for Jindal Steel's iron ore pellet plant in Angul, eastern India. The order includes six fully automatic Larox FFP 3512 filters, part of the Metso…
Thyssenkrupp Electrical Steel has awarded SMS group a contract to upgrade the automation system at its four-high CVC cold rolling mill in Gelsenkirchen, Germany. Originally supplied by SMS in 1974, the reversing mill…
Corinth Pipeworks has announced its participation in the Greece-North Macedonia Natural Gas Interconnector project, jointly developed by DESFA (Greece) and NOMAGAS (North Macedonia). The 123-kilometer pipeline will…
Turkish steel producer Kardemir has announced updated prices for wire rod and rebar in its latest price list. The company increased wire rod prices by USD 10 per ton compared to the second week of July. It is now…
Maghreb Steel has upgraded its hot-strip mill in Casablanca with a new upcoiler mandrel supplied by Danieli Service, designed to match the original equipment's dimensions and kinematics. Using advanced 3D scanning…
A UAE-based manufacturer has received a fully automatic Bronx straightener from industrial engineering group Fives to support production ramp-up at its newly established tube mill, the company said in a press release…
Coking coal futures surged to the daily upper limit on Wednesday, driven by concerns over potential supply disruptions following reports of a government inspection into coal mine production. According to local media…
Kirloskar Ferrous Industries Limited (KFIL), a leading Indian producer of castings and pig iron, has been declared the preferred bidder for the Jambunatha iron ore mine in Karnataka following an e-auction held on…
Vallourec, a global leader in premium seamless tubular solutions, has signed an exclusive sale agreement with VINCI Immobilier for the transfer of its Deville-les-Rouen site. The agreement follows a call for tenders…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept rebar prices for August production unchanged for the sixth consecutive month. The company's price remains at AED 2,480 (USD 675) per ton on EXW basis. The above…
The U.S. Department of Commerce has preliminarily determined that certain imports of circular welded carbon-quality steel pipe (CWP) completed in Oman using Chinese hot-rolled steel are circumventing existing…
Iron ore futures continued to climb on Tuesday, supported by strong near-term demand and optimism around potential stimulus measures. Market sentiment was buoyed by news that China has begun construction on what will…
Tenaris has secured key contracts from TotalEnergies and Saipem for the GranMorgu project, Suriname's first major offshore oil development, located about 150 km off the coast. First oil is expected in 2028, with a…
Champion Iron Limited has signed a definitive framework agreement with Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kami iron ore project in Quebec, Canada. Under the agreement, Nippon Steel…
Metinvest B.V., the parent of the vertically integrated steel and mining group, has secured an EUR 23.6 mln (USD 27.5 mln) buyer credit facility with a term of 11.5 years for its subsidiary, Northern Iron Ore. The…
Turkey imported 1.58 mln tons of HRC during the first five months of 2025, reflecting a decline of over 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier…
Canada has officially terminated its anti-dumping investigation into imports of corrosion-resistant steel sheet from Turkish producer Borcelik Celik Sanayi Ticaret, according to a notice issued by the Canada Border…
Pakistani rebar producer Dost Steels Limited (DSL) has signed a loan restructuring agreement with a consortium of banks, under which its outstanding debt has been rescheduled, the company said in a filing to the stock…
Iron ore futures surged, supported by the announcement of a major hydropower project and growing optimism over potential government stimulus measures. On Saturday, Chinese Premier Li Qiang announced the launch of a…
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