Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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998 news items in Statistics. Show all
Turkey imported 1.49 mln tons of pig iron between January and August 2025, marking a 65pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Russia remained the leading supplier with 1.1 mln…
Pakistan's Agha Steel Industries Limited posted a net loss of PKR 1.16 bln (USD 4.1 mln) for Q1 FY26 ended September 30, 2025, an improvement from the PKR 1.81 bln loss a year earlier. Revenue fell 24pct YoY to PKR 2.16…
Egypt's Iron & Steel for Mines & Quarries (ISMQ) posted a sharp rise in earnings for the first quarter of FY26, driven by higher revenues. The company's net profit surged to EGP 80.49 mln (USD 1.69 mln), up from EGP…
Erdemir Group, one of Turkey's leading steel producers, reported a steep decline in profitability for the first nine months of 2025, according to its latest financial results. Net profit fell to TRY 2.51 bln (USD 60…
Vale's iron ore pellet production in Oman rose 8.4pct YoY in Q3 2025 to 2.52 mln tons and increased 45pct compared with the previous quarter. However, in the first nine months of 2025, Vale Oman's output fell 4.2pct YoY…
Pakistan's Ministry of Maritime Affairs has announced a USD 13 bln savings plan aimed at reviving the long-dormant Pakistan Steel Mills (PSM) through the creation of the country's first "Sea-to-Steel Green Maritime…
Turkey exported 1.3 mln tons of welded steel pipes in the first eight months of 2025, down 1.5pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the top destination with 212,000 tons…
Saudi Arabia's ongoing construction boom continues to drive strong demand for steel, positioning the sector as a key beneficiary of Vision 2030's infrastructure and industrial expansion agenda. At the 3rd Saudi…
Iron ore futures fell on Monday, pressured by disappointing Chinese economic indicators that reinforced bearish demand expectations. China's property sector, once the country's largest steel consumer, remains a major…
Turkey imported 713,700 tons of CRC in the first eight months of 2025, marking a 42pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). South Korea was the largest supplier with 227,300…
Domestic steel demand is now projected to reach 24 mln tons by 2035, up from an earlier estimate of 17 mln tons, driven by renewable energy expansion, manufacturing growth, and national mega-projects, according to…
JSW Steel Limited, one of India's largest steelmakers, reported a sharp rise in consolidated net profit to INR 1,646 crore (USD 186.9 mln) for the second quarter of FY26, compared with INR 404 crore in the same period…
Turkey imported 2.9 mln tons of billets in the first eight months of 2025, a 58pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the largest supplier during the period…
Oman-based Al Jazeera Steel Products Co. SAOG reported a 77pct YoY jump in net profit for the first nine months of 2025, according to its unaudited financial results. Net profit rose to OMR 6.48 mln (USD 16.8 mln)…
The latest short-range outlook from the World Steel Association (Worldsteel) projects sustained growth in steel demand across the Middle East and North Africa (MENA) over the next two years, following a sharp expansion…
Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…
Turkey imported 2.56 mln tons of HRC in the first eight months of 2025, a 5pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). China was the leading supplier with 1 mln tons, followed by…
China exported 87.95 mln tons of steel in the first nine months of 2025, a 9.2pct increase from 80.55 mln tons a year earlier, according to data from the General Administration of Customs. In September 2025, steel…
Turkey exported 623,300 tons of wire rod in the first eight months of 2025, up 1.2pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest buyer with 223,700 tons, followed by…
JSW Steel's consolidated crude steel production rose 17pct YoY to 7.9 mln tons in Q2 FY26, according to a stock exchange filing. Indian operations contributed 7.66 mln tons, up 16pct, with capacity utilization at 92pct…
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