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
Pakistan's Agha Steel Industries Limited reported a loss of PKR 1.81 bln (USD 10.2 mln) for the quarter ending September 30, 2024, compared to a profit of PKR 125.2 mln in the same period last year, according to a stock…
Pakistan's scrap imports rose by 4.68pct YoY in September 2024, as reported by the Pakistan Bureau of Statistics. The country imported 211,539 tons of scrap that month, compared to 202,078 tons in September 2023. In the…
In September 2024, Pakistan recorded a 36.55pct YoY increase in finished steel imports, according to the Pakistan Bureau of Statistics. The country imported 277,404 tons of finished steel, up from 203,149 tons in the…
China Iron & Steel Association (CISA) anticipates that China's steel demand in 2025 will likely remain stable compared to current levels, though risks remain due to mounting trade frictions and challenges in key…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a substantial 62pct YoY increase in net profit for the first nine months of 2024, according to its unaudited financial statement. The company's net profit…
Turkey's welded steel pipe exports increased by 11.6pct in the first eight months of 2024, totaling approximately 1.33 mln tons compared to the same period last year. Romania emerged as Turkey's largest market, with…
Turkey imported about 879,000 tons of pig iron in the first eight months of 2024, a 1.7pct decrease compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Russia remained Turkey's…
India's Jindal Saw reported robust net profit growth for the quarter ending September 30, 2024. The company's net consolidated profit rose 33.6pct YoY to INR 4.75 bln (USD 56.5 mln), while revenue increased by 12.1pct…
The value of projects awarded by the Kuwaiti government to companies listed on the bourse plunged by nearly 38 pct in the first nine months of 2024, official figures have shown. From around USD 4.29 bln in the first…
Vietnam imported 1.2 mln tons of HRC in September, marking a 34pct increase from August, according to the General Department of Customs. This amount represents 220pct of the country's domestic production, which was…
The latest short-range outlook by the World Steel Association forecasts a growth in steel demand in the MENA region for 2024, following a significant slowdown during 2022-2023. Growth is expected to reach 5.3pct to 71.3…
In August 2024, Turkey's HR steel exports reached approximately 229,000 tons, marking a significant YoY increase of 90pct, although this represents a 32pct decline from the previous month, according to data from the…
China's steel exports surged by 25.93pct in September compared to the previous year, reaching 10.15 mln tons, the highest monthly figure since July 2016, according to data from the General Administration of Customs. In…
Turkey imported around 1.86 mln tons of semi-finished steel in the first eight months of this year, a 25pct decrease compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Russia…
Turkey's HRC imports approximately 2.44 mln tons in the first eight months of this year, a decline of nearly 20pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). China was…
India became a net steel importer in the first half of FY25, ending September 30, 2024, with steel imports rising 41pct YoY to 4.7 mln tons, while exports dropped 36pct YoY to 2.3 mln tons, according to a Steel Ministry…
Turkey's wire rod exports reached approximately 610,000 tons in the first eight months of this year, representing a significant increase of nearly 68pct YoY, according to the Turkish Statistical Institute (TUIK)…
Indian structural steel tube manufacturer, Rama Steel Tubes Limited announced its sales volume performance for H1FY25 and Q2FY25. The company registered a sales volume of 50,921.67 tons in Q2 FY25, up sharply by 42.3pct…
In August 2024, Turkey's rebar exports amounted to approximately 305,000 tons, reflecting a month-on-month decline of over 8pct and a YoY decrease of nearly 18pct, according to data from the Turkish Statistical…
The Ministry of Trade, Industry, and Energy has launched an anti-dumping investigation into Chinese-origin HRC plates following a complaint from Hyundai Steel on July 31. Hyundai Steel, a leading South Korean steel…
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