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 billet imports increased sharply in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country imported around 1.27 mln tons of billet during the January-March…
Saudi Arabia's based East Pipes Integrated Company for Industry (East Pipes) reported record financial results for the fiscal year ended March 31, 2026, supported by strong contract execution and higher demand from the…
EMSTEEL reported improved profitability for the first quarter of 2026, supported by stronger operating performance in its steel business despite lower sales volumes. The group's revenue during the first three months of…
Turkish pipe producer Borusan Pipe returned to profitability in the first quarter of 2026, supported by stronger sales volumes and improved operational efficiency, according to its financial results. Net profit reached…
Turkey's HRC imports declined by 2.5pct YoY during the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country's total HRC imports reached 806,500 tons in January-March 2026…
India's JSW Steel reported consolidated crude steel production of 2.12 mln tons in April 2026, down around 1pct YoY compared to 2.14 mln tons recorded in the same month last year, according to a stock exchange filing…
Saudi Arabia-based Watani Iron Steel Co. (Watani Steel) reported lower net profit for the first quarter of 2026, as lower steel selling prices continued to pressure profitability despite relatively stable sales revenue…
Saudi Arabia-based Al Yamamah Steel Industries Co. reported higher financial results for the six-month period ended March 31, 2026, supported by increased sales in the electricity and renewable energy sectors. The…
China's finished steel exports declined by 9.7pct YoY to 34.2 mln tons during the first four months of 2026, according to data from the General Administration of Customs. In April alone, Chinese steel exports totaled…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, announced its financial results for the first quarter of 2026. The company's net sales revenue declined by 15.1pct YoY to SAR 385 mln (USD 102.6…
India's crude steel production increased by 5.8pct YoY to 14.09 mln tons in April 2026, supported by strong demand from the infrastructure, construction, and manufacturing sectors, local media reported citing data from…
Turkish steel profile producer Kocaer Steel reported lower financial results for the first quarter of 2026, mainly due to weaker export sales and challenging global market conditions. According to the company's interim…
Global pipe producer Tenaris expects lower shipments in the Middle East during the second quarter of 2026 due to disruptions linked to the Iran war and the prolonged closure of the Strait of Hormuz, while the company…
Turkey's steel exports decreased by 6.8pct YoY to 3.5 mln tons in the first quarter of 2026, while export revenues fell by 9.4pct to USD 2.3 bln, according to the Turkish Steel Producers' Association (TCUD). In March…
Turkey imported 4.7 mln tons of ferrous scrap in the first quarter of 2026, up 0.85pct YoY, according to the Turkish Statistical Institute. The United States remained the largest supplier, with shipments of 981,400…
India's state-owned miner NMDC Limited reported a 16pct YoY increase in iron ore production for April 2026, reaching 4.64 mln tons. The company's iron ore sales rose by 1.4pct YoY to 3.68 mln tons during the month. The…
Indian pipe manufacturer, Jindal Saw Limited has reported disruptions to its Middle East-linked business in Q4 FY26, as the ongoing regional conflict has affected exports, logistics and operations. The company said a…
Pakistan-based Mughal Iron & Steel Industries Limited (Mughal Steel) reported improved profitability for the nine months ended March 31, 2026, supported by stronger margins and lower finance costs. Profit after tax rose…
GrafTech International Ltd. has announced a price increase of USD 600-1,200 per ton on uncommitted graphite electrode volumes, as part of efforts to restore pricing and improve profitability. The company said the…
Pakistan-based Agha Steel Industries Limited reported improved financial performance for the nine-month period ended 31 March 2026, with losses narrowing amid lower finance costs and cost control measures. Net turnover…
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