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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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3,143 news items in Steel Mills. Show all

Premium Content Asian HRC prices hold firm despite cautious demand

Global

Asian HRC prices have remained generally firm since the beginning of September, supported by higher raw material costs, firmer domestic steel prices and expectations of improving demand, although buying sentiment…

Premium Content Tokyo Steel raises flat steel prices for October sales

Japan Japan

Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has raised its flat steel prices by JPY 3,000 (USD 19) per ton for October sales, while keeping long steel prices unchanged. The company's HRC prices…

Premium Content ICDAS raises long steel prices on higher scrap costs

Turkey Turkey

Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs. ICDAS is offering rebar at USD 635 per ton EXW Biga, up USD 5 per ton from last…

Mughal Steel profit rises in FY26

Pakistan Pakistan

Mughal Iron & Steel Industries Limited (Mughal Steel) reported a net profit of PKR 2.49 bln (USD 9 mln) for the financial year ended June 30, 2026, up 158 pct from PKR 965.5 mln a year earlier. Net sales declined 13 pct…

Govt plans to acquire Speciality Steel UK

United Kingdom United Kingdom

The UK government has announced plans to work towards the public acquisition of Speciality Steel UK (SSUK), following its decision that the proposed sale to a preferred private-sector bidder would not provide sufficient…

Premium Content Hadeed cuts scrap buying prices

Saudi Arabia Saudi Arabia

Saudi Iron and Steel Company (Hadeed) has reduced its domestic scrap buying prices by SAR 70 (USD 19) per ton, effective September 11, amid relatively moderate finished steel demand. The reduction follows a period of…

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