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
Turkish steel producer Kardemir reported its highest-ever monthly shipment volumes in May, driven by accelerated production efforts to meet its ambitious 2025 sales target. In May alone, Kardemir shipped 81,326 tons of…
China's steel exports rose nearly 9pct YoY in the first five months of 2025, reaching 48.47 mln tons, according to the General Administration of Customs. In May alone, exports grew 9.9pct YoY to 10.58 mln tons, also…
JSW Steel reported an 8pct YoY increase in consolidated crude steel production, reaching 2.27 mln tons in May 2025. In India, output grew 9pct YoY to 2.194 mln tons, despite a planned maintenance shutdown at the Dolvi…
UAE-based steel producers say they do not expect a significant impact from the latest U.S. move to double tariffs on steel imports. Effective June 4, the U.S. has raised tariffs on steel and aluminum imports from 25pct…
India's stainless steel demand is projected to grow by 7-8pct annually over the next two to three years, driven by infrastructure development and expanding industrial applications, according to the Indian Stainless…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 17.3pct YoY in the first four months of 2025, reaching 5 mln tons. Export value also increased by 7.6pct to USD 3.6 bln. In…
Iron ore futures declined in post-holiday trading on Tuesday, pressured by renewed demand concerns and the U.S. decision to double steel tariffs. Market sentiment was further dampened by escalating trade tensions, as…
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ending March 31, 2025. In Q4 FY25, SAIL posted a revenue of INR 29,316 crore (USD 3.4…
The Brazilian government has extended its steel import quota system for another year to safeguard the domestic industry from unfair competition. The system, introduced by the Foreign Trade Chamber (Camex) in 2023, sets…
Turkey imported approximately 447,000 tons of pig iron in the first quarter of 2025, marking a 1.4pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
The global steel sector is expected to face ongoing challenges through 2025 and beyond, according to the OECD. Despite projected capacity growth of 6.7pct between 2025 and 2027, the OECD warns that capacity utilization…
India's finished steel imports fell 11.3pct YoY to 0.5 mln tons in April, driven by a sharp decline in shipments from China and Japan, according to provisional government data reported by Reuters. The drop follows…
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding with ABB India to digitally enhance ironmaking and steelmaking operations at its Rourkela Steel Plant in Odisha. The collaboration will…
Turkey's CRC imports reached 214,000 tons in the first quarter of 2025, representing a 37pct increase compared to the same period in 2024, according to data from the Turkish Statistical Institute (TUIK). South Korea…
India's plan to double steel production by 2030 could undermine its climate commitments and hinder global efforts to cut emissions from the steel sector, according to a report by Global Energy Monitor (GEM). The report…
Turkey imported approximately 2 mln tons of iron ore in the first quarter of 2025, marking a 17pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Brazil…
Iron ore futures declined on Monday, pressured by weak economic indicators from China that raised concerns over demand. China's economy showed signs of losing momentum in April amid ongoing trade tensions with the U.S…
Pakistan's large-scale manufacturing (LSM) sector grew by 1.79pct YoY in March 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, on a monthly basis, LSM output fell sharply by 4.64pct…
UAE-based EMSTEEL, one of the region's leading publicly traded steel and building materials manufacturers, has announced its financial results for Q1 2025. The group reported revenue of AED 2.155 bln, up slightly from…
Saudi Arabia's Al Yamamah Steel Industries Co. reported a significant drop in net profit for the first half of fiscal year 2025, ended March 31. Net profit fell by nearly 56pct YoY to SAR 26.54 mln (USD 7 mln), driven…
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