Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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290 news items in Semi-finished. Show all
Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round. The company offered S235JR-grade billet at USD 525 per ton EXW, down USD 5 per ton from the previous sales…
Chinese exports of steel billets to GCC countries increased during the first four months of 2026, supported by stronger demand from regional buyers, customs data showed. Based on exports under HS Codes 72071100 and…
The global long steel market remains relatively stable, although regional differences are becoming increasingly pronounced due to trade restrictions, geopolitical tensions, and changing import regulations, according to…
Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the federal budget for FY2026/27 to support the…
South Africa has increased import duties on a broad range of steel and steel-related products under amendments published in Government Gazette No. 54678 dated May 15, 2026, as part of efforts to support the domestic…
Indian steel producer Mukand Ltd has completed the modernization of its two-strand bloom caster at its Kalwa plant in Thane, Maharashtra, following the successful completion of an upgrade project executed by SMS group…
Turkey's billet imports increased sharply in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country imported around 1.27 mln tons of billet during the January-March…
Turkey's imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS 1&2 (80:20) import prices were assessed at around…
Turkish steelmaker Kardemir opened a new billet sales round on May 13 and closed it after securing significant order volumes from the domestic market. The company offered S235JR-grade billet at USD 530 per ton EXW, down…
SMS group GmbH and ABB AB Sweden entered into a partnership to jointly market and further develop FC Mold X, an electromagnetic flow-control system for thin and medium slab continuous casting. The system combines ABB's…
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…
Hyundai-POSCO Louisiana Steel LLC has selected Danieli as technology partner for a new integrated steel plant in Louisiana, USA, aimed at producing high-quality hot-rolled slabs for low-carbon, value-added automotive…
Salzgitter AG has received approval from the European Commission to acquire sole control of Huttenwerke Krupp Mannesmann (HKM) under the EU Merger Regulation. The transaction, which relates mainly to semi-finished…
India-based Vardhman Special Steels Limited (VSSL) has commissioned a new walking beam reheating furnace at its Ludhiana facility, enhancing its capability to produce high-quality special steel for the automotive…
France-based Saarstahl Ascoval, part of the Saarstahl Group, has entered into a long-term partnership with Mannesmann Precision Tubes to supply semi-finished steel for tube applications in the automotive and industrial…
Tanzania-based Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a 50 tph pusher-type reheating furnace for its new bar and wire rod rolling mill complex. The project forms…
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion Organization of Iran (TPO). The directive mandates an immediate halt to…
Turkey's crude steel production increased by 5.3pct YoY to 9.74 mln tons in the first quarter of 2026, according to data from the Turkish Steel Producers' Association. Billet output declined by 1.6pct YoY to 5.74 mln…
ArcelorMittal Industeel has inaugurated a new vertical continuous casting installation at its Le Creusot site in France, representing a total investment of EUR 52 mln (USD 61 mln), including EUR 12 mln (USD 17.6 mln) in…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
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