Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government meetings may deliver supportive policy signals…
Misr National Steel (Ataqa) reported a net profit of EGP 78.98 mln (USD 1.65 mln) for Q3 2025, down from EGP 160.42 mln in the same quarter last year, according to its financial results. Despite the profit decline…
Turkey imported 3.2 mln tons of billets in the first nine months of 2025, marking a 51pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the top supplier with about 753,500…
India's finished steel imports fell 34.1pct YoY to 3.8 mln tons during the first seven months of the financial year (April-October), according to provisional government data cited by Reuters. Despite the decline, India…
Turkey imported 1.67 mln tons of pig iron between January and September 2025, a sharp 75pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1.3…
Pakistan imported 381,991 tons of steel scrap in October 2025, a sharp 64pct increase from 232,747 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Month-on-month, scrap…
Pakistan imported 422,526 tons of finished steel products in October 2025, up 39pct YoY, PBS data showed. Imports also climbed slightly over 39pct from September levels. From January to October 2025, finished steel…
The European Commission has introduced definitive import quotas on ferroalloys in response to a surge of low-priced imports that, according to its investigation, caused serious injury to EU producers. The measures…
Turkey imported 2.93 mln tons of HRC in the first nine months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.1 mln tons, followed by…
Turkey exported 714,500 tons of wire rod in the first nine months of 2025, a 3pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest buyer with 254,000 tons, followed…
Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted that some Chinese steel mills are replenishing…
India turned a net exporter of finished steel in October, with outbound shipments reaching 0.64 mln tons, up 44.8pct from a year earlier, according to provisional data from the Joint Plant Committee (JPC) under the…
Turkey exported around 3 mln tons of rebar in the first three quarters of 2025, up 19pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest destination with 469,900 tons…
Egyptian Steel plans to launch a new investment program worth nearly EGP 2 bln (USD 42 mln) within the next 18 months, beginning early next year, according to Abdel Fattah Siam, general manager of the company's…
Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and coated steel consumption, according to the company's corporate…
UAE-based EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced its preliminary (unaudited) financial results for the first nine months of 2025. The group posted…
Turkish steelmaker Karabuk Demir Celik (Kardemir) significantly reduced its losses in the first nine months of 2025, according to its financial report. The company posted a net loss of TRY 955 mln (USD 22.6 mln) for…
Turkey imported about 13.9 mln tons of ferrous scrap in January-September 2025, down nearly 7pct year on year, according to data from the Turkish Statistical Institute (TUIK). The United States remained the largest…
Chinese steelmakers continue to ship record volumes abroad, with strong demand from the Middle East and Southeast Asia offsetting growing protectionism elsewhere, Bloomberg reported. Saudi Arabia has emerged as the…
JSW Steel reported a 9pct YoY increase in consolidated crude steel production to 2.5 mln tons in October 2025, according to a stock exchange filing. India operations contributed 2.41 mln tons, up 10pct, with capacity…
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