Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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995 news items in Statistics. Show all
Turkey's rebar exports increased 12.3 pct YoY to 2.65 mln tons in the first seven months of 2026, according to Turkish Statistical Institute (TUIK) data. Yemen remained the largest destination, receiving around 492,500…
India's state-owned Steel Authority of India Ltd (SAIL) recorded higher production and sales in August 2026, with crude steel output reaching a record for the month, according to the Ministry of Steel. Crude steel…
Bangladesh's steelmakers are facing higher production costs amid weak construction demand, with mills offering discounts to maintain sales, according to local media reports. The price of 60-grade rebar has risen to BDT…
Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
The global long steel market remains under pressure from subdued demand, while higher energy costs, supply disruptions and tighter trade restrictions are supporting prices, according to the International Rebar Producers…
Chinese exports of semi-finished steel (primarily billets, HS 7207) to GCC countries surged in July 2026, as regional steelmakers increasingly relied on imported feedstock amid prolonged logistics disruptions affecting…
Turkish steel producer Ekinciler Demir ve Celik shipped steel billets worth USD 25.43 mln in August 2026, marking the company's highest monthly shipment value in recent times, according to a company filing. With the…
Moroccan steel producer Maghreb Steel recorded higher sales volumes and revenue in the second quarter of 2026, supported mainly by improved sales in the local market. The company's sales volume increased by 7pct YoY to…
Saudi Arabia's Molan Steel Co. reported a 72pct YoY decline in revenue to SAR 9.3 mln (USD 2.47 mln) in the first half of 2026, while its net loss widened to SAR 11.1 mln (USD 2.95 mln) from SAR 2.8 mln a year earlier…
India's NMDC Ltd reported provisional iron ore production of 4.07 mln tons in August 2026, up 20.8pct YoY from 3.37 mln tons a year earlier, according to a regulatory filing. Iron ore sales increased 5.6pct YoY to 3.58…
Saudi Arabia's Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by higher revenues from its steel fabrication and steel coils…
Turkey's steel product exports remained firm in the first seven months of 2026, while domestic finished steel consumption declined in July, according to data from the Turkish Steel Producers Association (TCUD). In July…
Saudi Arabia's Group Five Pipe Saudi Company reported a 14.3pct YoY increase in net profit to SAR 143.1 mln (USD 38 mln) in the first half of 2026, supported by lower production costs per ton. Revenue increased 2.5pct…
Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 12.91pct YoY decline in consolidated net profit attributable to the parent company in the first half of 2026, despite higher…
China's iron ore futures strengthened on Monday, supported by tighter short-term supply, improving market sentiment and expectations of stronger steel demand ahead of the September peak season. China's iron ore arrivals…
Turkey's Kardemir Celik Sanayi reported a 26.3pct YoY increase in sales revenue to TRY 13.92 bln (USD 290 mln) in the first half of 2026, while net profit fell 52pct to TRY 410.4 mln (USD 8.6 mln). The company's cost of…
India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct YoY to 56 mln tons during the period…
Saudi Arabia's Alshehili Company for Metal Industries reported a 37.3pct YoY decline in revenue to SAR 21.1 mln (USD 5.6 mln) in the six months to June 30, 2026, while net profit fell 56.7pct to SAR 2.33 mln (USD…
China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln) in the first half of 2026, despite a 6.2pct increase in revenue to 160.73…
Pakistan's International Steels Limited (ISL) reported a sharp improvement in profitability in the nine months ended March 2026, supported by higher steel sales, improved capacity utilization and tighter cost controls…
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