Middle East Steel News
Rebar prices hold steady as slow demand limits upside
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...
Arabian Pipes signs steel pipe coating contract with Aramco
Arabian Pipes Company has signed a contract with Saudi Aramco for steel pipe coating works valued at around SAR 19 mln (USD 5 mln).
The...
Ajeej Steel renews working capital facility with Bank Aljazira
Ajeej Steel Manufacturing Co. has renewed a SAR 50 million (USD 13.3 mln) Shariah-compliant banking facility with Bank Aljazira, its parent company National Building...
EUROFER meets Turkish steelmakers over CBAM impact
Senior representatives of the Turkish steel industry met EUROFER President Henrik Adam in Istanbul to discuss the EU Carbon Border Adjustment Mechanism (CBAM), carbon-related...
Kardemir hikes rebar and wire rod prices on higher scrap costs
Kardemir has raised its rebar and wire rod prices in its latest price list, following the continued increase in Turkish scrap import prices.
The company...
Global Steel News
Iron ore futures gain as pre-holiday restocking supports prices
China's iron ore futures moved higher on Thursday, supported by pre-holiday restocking by steel mills, although weak mill profitability continued to limit the upside.
Market...
Steel consumption rises 3.9 pct YoY in August
India's finished steel consumption increased 3.9 pct YoY to 14.316 mln tons in August 2026, while steel production remained broadly stable on an annual...
Stegra enters agreement with Google for green steel certificates
Google has entered into an agreement with Stegra to purchase environmental attribute certificates (EACs) linked to steel production at Stegra's planned green steel plant...
GravitHy awards EPC contract for Fos-sur-Mer substation
GravitHy has awarded CAP INGELEC an EPC contract to design and build a 1.15 GW electrical substation for its planned low-carbon hot briquetted iron...
Alleima uses AI and machine vision to improve tube quality control
Alleima is testing AI and machine vision technology to improve quality control of long tubes at its Sandviken production facility in Sweden.
Developed in collaboration...