Middle East Steel News
Kardemir raises billet prices in latest sales round
Turkish steelmaker Kardemir has increased its billet prices by USD 8 per ton compared with levels announced on September 24.
In its latest price list,...
Al Jazeera Steel posts 77pct YoY profit surge in Jan-Sep 2025
Oman-based Al Jazeera Steel Products Co. SAOG reported a 77pct YoY jump in net profit for the first nine months of 2025, according to...
Kocaer secures SBTi approval for 2030 and 2050 emission targets
Turkish steel producer Kocaer Celik has received approval from the Science Based Targets initiative (SBTi) for both its near-term (2030) and long-term (2050) emission...
Retal unit wins contract from PIF’s Roshn Group for Sedra project
Retal Urban Development Co.'s subsidiary, Building Construction Company Ltd, has signed a USD 123 mln contract with PIF-owned Roshn Group to design and build...
World Steel Association forecasts steady MENA demand growth through 2026
The latest short-range outlook from the World Steel Association (Worldsteel) projects sustained growth in steel demand across the Middle East and North Africa (MENA)...
Global Steel News
Iron ore futures extend losses amid weak demand outlook
Iron ore futures fell further on Wednesday, weighed down by concerns over weak demand and broader market headwinds.
A key drag on sentiment is the...
Jindal Stainless and Harsco sign 15-year contract to process slag at Jajpur plant
Jindal Stainless has renewed and expanded its partnership with Harsco Environmental through a 15-year, USD 150 mln agreement to process stainless steel slag at...
Tata Steel launches new construction technologies in Assam
Tata Steel has introduced two major initiatives in Assam, unveiling India's first Mobile Bore Pile Cage Machine and opening a fully automated Construction Service...
Metalloinvest completes overhaul of metallization units at OEMK
Metalloinvest's OEMK has completed a scheduled overhaul of two metallization units at its pelletizing and metallization facility.
The work at shaft furnaces No. 3 and...
Iron ore futures slide on weak fundamentals
Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns.
The earlier rally was...
New (Renewed) Steel Companies on MEsteel
