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Tuesday, May 19, 2026

Middle East Steel News

Rebar exports remain stable in Q1 2026

Turkey's rebar exports remained almost stable in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country exported around...

Erciyas Celik Boru secures pipe supply contract for Korfezray Metro project

Turkish steel pipe producer Erciyas Celik Boru will manufacture a total of 342 strut pipes for the fourth phase of the Korfezray Metro project,...

Emirates breaks ground on USD 5.1 bln engineering complex

Dubai-based airline Emirates has broken ground on a new USD 5.1 bln engineering complex at Dubai South, which is set to become one of...

Shyam Steel to establish non-ferrous metals facility at RAKEZ

Shyam Middle East Resources FZ-LLC, part of India's Shyam Steel Group, is establishing a new non-ferrous metals processing and manufacturing facility at Al Ghail...

Kardemir returns to profit in Q1 2026

Turkish steel producer Kardemir reported a net profit of TRY 24.5 mln (USD 0.54 mln) in the first quarter of 2026, compared with a...

Global Steel News

Iron ore futures decline amid Beijing steel capacity cut plans

Iron ore futures declined on Tuesday as market sentiment weakened following reports of stricter steel capacity control measures in China. China's Ministry of Industry and...

Mukand completes bloom caster upgrade at Kalwa steel plant

Indian steel producer Mukand Ltd has completed the modernization of its two-strand bloom caster at its Kalwa plant in Thane, Maharashtra, following the successful...

VinMetal to build integrated steel complex for long and flat products

VinMetal, the steel manufacturing arm of Vietnam's Vingroup, has signed a memorandum of understanding (MoU) with Primetals Technologies for the development of an integrated...

ArcelorMittal sells 10pct stake in Vallourec

ArcelorMittal has announced the sale of approximately 23.9 mln shares in Vallourec, representing around 10pct of the French steel pipe producer's outstanding share capital,...

Industrias Lopez Soriano orders preshredder for Zaragoza recycling plant

Industrias Lopez Soriano, part of the Gescrap Group, has selected Danieli Centro Recycling to supply a new high-performance preshredder for its existing scrap recycling...
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