Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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UAE-based steel and building materials producer, EMSTEEL has been recognized as a 2026 Steel Sustainability Champion by the World Steel Association, marking its third consecutive year receiving the distinction and…
Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…
Oman's Al Jazeera Steel Products Co. SAOG reported a decline in net profit for the first quarter of 2026, according to its unaudited financial results. Net profit fell 19pct YoY to OMR 1.71 mln (USD 4.44 mln), compared…
Steel demand in the MENA region is expected to decline in 2026, weighed by ongoing geopolitical tensions, before recovering strongly in 2027, the World Steel Association said in its Short Range Outlook. MENA steel…
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…
China's finished steel exports declined 9.85pct YoY to 24.7 mln tons in the first quarter of 2026, according to data from the General Administration of Customs. In March alone, Chinese steel exports totalled 9.13 mln…
Turkey's HRC imports declined by nearly 24pct YoY in the first two months of 2026, according to data from the Turkish Statistical Institute (TUIK). The country's total imports reached 497,000 tons in January-February…
JSW Steel reported an 8pct YoY increase in consolidated crude steel production to 30.14 mln tons in FY26, according to a stock exchange filing. Production from its Indian operations rose 8pct to 29.25 mln tons. Capacity…
Egyptian long steel producer EZDK has completed a performance evaluation of Danieli shear blades installed at Shear #7 of its wire rod mill, reporting improved productivity and longer service life compared with…
Tata Steel reported its strongest-ever annual performance in India in FY26, supported by higher crude steel output driven by the ramp-up at Kalinganagar, partly offset by the relining shutdown of the 'G' blast furnace…
Turkey exported 633,950 tons of rebar in the first two months of 2026, down 17.5pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen was the largest export destination during the period with…
Indian state-owned miner NMDC reported record iron ore production of 53.15 mln tons in the financial year ending March 31, 2026 (FY26), marking a 20.6pct YoY increase. The milestone makes NMDC the first mining company…
Turkey's steel exports fell 13.5pct YoY to 2 mln tons in the first two months of 2026, while export revenues declined 15.2pct to USD 1.3 bln, according to the Turkish Steel Producers' Association (TCUD). In February…
Egypt's Ministry of Investment and Foreign Trade has imposed a definitive safeguard duty on billet imports to protect the domestic steel industry. According to the Trade Remedies Sector (TRS), the duty will be set at…
Baosteel has achieved key production and cost targets at its Fastarc Zerobucket electric arc furnace (EAF) in Shanghai, with monthly output exceeding 100,000 tons of liquid steel and operating cost reductions of around…
Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in profit for 2025, according to a stock exchange filing. Net profit fell by more than 94pct YoY to SAR 611,264 (USD 163,004), while revenue declined…
The European Commission has initiated a safeguard investigation into imports of grain-oriented electrical steel (GOES), citing mounting pressure on domestic producers from rising import volumes. The investigation covers…
Turkey's crude steel production increased by 4.7pct YoY to 6.41 mln tons in the first two months of 2026, according to data from the Turkish Steel Producers' Association (TCUD). Billet output edged down by 0.1pct to…
Turkey's construction sector confidence index fell 3.9pct month on month to 80.6 in March 2026, according to data from the Turkish Statistical Institute (TUIK), remaining below the optimism threshold. Within the index…
US steel imports increased slightly in February 2026, while finished steel imports declined compared with the previous month, according to data from the American Iron and Steel Institute (AISI). Total steel imports…
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