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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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3,171 news items in Steel Mills. Show all

ISL reports steep fall in FY25 earnings

Pakistan Pakistan

International Steels Limited (ISL), Pakistan's leading flat steel producer, reported a significant drop in earnings for the financial year ended June 30, 2025. The company's post-tax profit declined 57.3pct YoY to PKR…

Iron ore futures edge lower amid demand uncertainty

China China

Iron ore futures slipped on Wednesday as steel production curbs and soft demand weighed on sentiment. Authorities have ordered several mills in Tangshan to cut sintering output between August 25 and September 3, 2025…

Tokyo Steel holds prices steady for September

Japan Japan

Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, said it will keep product prices unchanged for September, marking the fourth straight month of no adjustments. HRC remains at JPY 89,000 (USD 603) per…

Kardemir keeps billet prices unchanged

Turkey Turkey

Turkish steelmaker Kardemir kept billet prices unchanged in its latest sales round, matching the levels set on 24 July. The company offered S235JR grade billets at USD 500 per ton EXW and B420 grade billets at USD 510…

Unirol urges action against steel dumping

Bahrain Bahrain

Bahrain's Universal Rolling (Unirol) has urged authorities to shield local steelmakers from dumping, warning that the country's open trade policy risks turning it into a market for surplus foreign steel. Operations…

Ataqa swings to profit in H1 2025

Egypt Egypt

Misr National Steel (Ataqa) posted a net profit of EGP 62.33 mln (USD 1.28 mln) in the first half of 2025, reversing a net loss of EGP 41.66 mln in the same period last year, according to its financial results. Sales…

Group Five Pipe's profit surges in H1 2025

Saudi Arabia Saudi Arabia

Saudi Arabia's Group Five Pipe posted a sharp rise in net profit for the first half of 2025, its financial statement showed. Net profit jumped to SAR 125 mln (USD 33.2 mln), compared with SAR 9.2 mln in the same period…

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