Middle East Steel News
Kardemir lowers billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 10 per ton compared with its previous offers issued on...
EMSTEEL supplies low-carbon sheet piles for UK rail infrastructure project
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, said its low-carbon sheet piles were used in one of the...
Metix and Magmec to build magnesium production facility in UAE
SMS group's South Africa-based Metix brand and Magmec have signed a memorandum of understanding to develop a magnesium metal production plant in the UAE,...
Aramco-DHL JV starts operations at major pipe storage yard in Abqaiq
Aramco-DHL joint venture ASMO has launched operations at the Central Pipe Yard (CPY) in Saudi Arabia's Eastern Province, strengthening its role as a strategic...
Cemtas to upgrade SBQ mill to boost product quality
Turkish special steel producer Cemtas Celik Makina Sanayi ve Ticaret A.S. has ordered a Kocks Reducing & Sizing Block (RSB) 370++/4 in the 5.0...
Global Steel News
Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish.
Chinese steel mills have been...
Tokyo Steel holds prices steady for Jan sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to keep all product prices unchanged for January sales under its latest monthly...
Toyo Kohan to modernize pickling line at Kudamatsu plant
Toyo Kohan Co., Ltd. has awarded Primetals Technologies a contract to modernize the pickling line at its Kudamatsu plant in Japan, aimed at improving...
Gasunie awards framework contracts to EU pipe producers for energy infrastructure
Dutch state-owned energy infrastructure company Gasunie has awarded multi-year framework agreements to six European pipe manufacturers following a joint tender by its Dutch and...
Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals.
Data from the...
