Saudi Arabia's billet market remains heavily affected by logistics disruptions, with tight vessel availability, high freight costs and lengthy berthing delays continuing to complicate imported supply. At the same time…
Chinese exports of semi-finished steel (primarily billets, HS 7207) to GCC countries surged in July 2026, as regional steelmakers increasingly relied on imported feedstock amid prolonged logistics disruptions affecting…
Turkish steel producer Ekinciler Demir ve Celik shipped steel billets worth USD 25.43 mln in August 2026, marking the company's highest monthly shipment value in recent times, according to a company filing. With the…
ArcelorMittal plans to permanently end crude steel production and billet production at its Duisburg site from October 2027, while keeping the downstream wire rod mill in operation. The site's long-term pig iron supply…
Syria's Ministry of Economy and Industry has signed a 30-year memorandum of understanding with Saudi Arabia's Ithraa Group to rehabilitate, modernize and operate the General Company for Iron and Steel Products in Hama…
Indian steelmaker JSW Steel has placed an order for two pelletizing plants with a combined capacity of 16 mln tons per year at its Paradeep facility in Odisha, as the company continues to expand its iron ore processing…
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases. The producer sold S235JR-grade billet at USD 535 per ton EXW, up USD…
Tata Steel Ludhiana has received the Bureau of Indian Standards (BIS) licence under IS 14650:2023 for producing octagonal billets, becoming the first steel producer in India to receive the certification. The certified…
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at USD 640-650 per ton, with buyers in the UAE and Saudi…
Saudi Arabia's Al Yamamah Steel Industries is advancing its planned billet production project after its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, signed a SAR 500 mln (USD 133.3 mln) Islamic credit…
Saudi Arabia's Ajeej Steel Manufacturing Co., a subsidiary of National Building & Marketing Co., has signed a five-month Sharia-compliant banking facility worth SAR 75 mln (USD 20 mln) with First Abu Dhabi Bank to…
Thyssenkrupp Steel has completed the modernization of continuous slab caster No. 4 at its Duisburg site, with Primetals Technologies issuing the final acceptance certificate in April 2026. The upgraded two-strand caster…
Chinese steel exports to GCC countries declined by 18pct YoY to 4.54 mln tons during the first half of 2026 from 5.54 mln tons a year earlier, according to MEsteel analysis of Chinese customs data covering steel…
Turkey's Izmir Demir Celik reported a consolidated net loss of TRY 529.4 mln (USD 11.1 mln) in January-June 2026, narrowing from TRY 949.3 mln a year earlier, despite weaker revenue and a sharp deterioration in…
Egyptian steel mills are sharply reducing production as weak sales weigh on the domestic market, with some plants temporarily suspending operations, according to local media reports. Hassan El-Marakby, chairman of El…
Mexico's TYASA has completed the start-up of its new 350,000 tons per year special bar quality (SBQ) plant in Ixtaczoquitlan, Orizaba, with the Danieli-supplied complex now in operation. The new complex includes a…
Steel import sourcing shifted towards regional suppliers during the second quarter of 2026, as geopolitical tensions and disruptions to maritime logistics altered supply patterns across the Gulf. Imports of…
Czech steelmaker Nova Hut has started receiving steel billets from Norway-based 7 Steel Nordic, according to local media reports. The first shipment arrived several weeks ago, with 7 Steel Nordic potentially supplying…
Fujian Sanming Steel & Guangming Co. has completed final acceptance of a new high-efficiency billet-grinding machine supplied by Danieli and installed at its Sanming works in Fujian province. The new Danieli Centro…
Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8 mln tons per year, as part of efforts to increase domestic…