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Wednesday, March 25, 2026
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Middle East Steel News

Kardemir raises long steel prices on higher scrap costs

Turkish steelmaker Kardemir has increased prices for long steel products in its latest sales round, citing higher scrap costs. According to the latest price list,...

Metal Park, Binghatti sign agreement to strengthen construction supply chain

Metal Park has signed a strategic agreement with UAE-based developer Binghatti aimed at improving control, quality and efficiency across construction supply chains. Under the agreement,...

Neom terminates Trojena contracts as project strategy shifts

Saudi Arabia's Neom has terminated several major contracts related to the Trojena development, including a structural steel package awarded to Eversendai Corporation Berhad, reflecting...

Middle East steel output rises 3.4pct YoY in Jan-Feb 2026

Crude steel production in the Middle East increased by 3.4pct YoY to 7.1 mln tons in January-February 2026, according to data from the World...

Kardemir raises billet, rebar allocations for Q2, cuts wire rod and profiles

Turkish steel producer Kardemir has announced its sales allocation plan for Q2 2026, increasing billet and rebar volumes while reducing allocations for wire rod...

Global Steel News

Iron ore slips on Tangshan curbs

Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated...

Jindal Steel doubles Angul plant capacity

Jindal Steel has doubled the crude steel production capacity of its Angul plant in Odisha to 12 mln tons per year, as part of...

Jindal Stainless commissions melt shop in Indonesia

Jindal Stainless has commissioned a 1.2 mln tons per year stainless steel melt shop in Indonesia through its joint venture, ahead of schedule, the...

Vallourec secures OCTG contracts for offshore projects

Vallourec has signed a series of contracts to supply oil country tubular goods (OCTG) for offshore projects in Indonesia, the company said. Two contracts signed...

Voestalpine secures rail supply contracts with DB, SBB

Voestalpine has secured rail infrastructure orders totaling EUR 500 mln (USD 579 mln) from Germany's Deutsche Bahn (DB) and Switzerland's SBB, reinforcing its position...
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