Middle East Steel News
Middle East steel production decline eases in August
Middle East crude steel production declined 4.6 pct YoY to 3.7 mln tons in August 2026, according to World Steel Association data, with the...
Chinese HR steel imports remain resilient in Jan-Aug despite logistics challenges
Saudi Arabia's imports of Chinese HR steel totaled 1.49 mln tons in January-August 2026, down 4.7 pct YoY, despite significant disruptions to shipping routes...
Ekinciler signs contract for new solar power plants
Turkish steelmaker Ekinciler Demir ve Celik Sanayi has signed a turnkey contract with Aldo Enerji Sanayi for the installation of two ground-mounted solar power...
Agha Steel narrows loss in FY2026
Pakistan's Agha Steel Industries reported a loss after taxation of PKR 4.74 bln (USD 17.1 mln) for the financial year ended June 30, 2026,...
Rebar prices turn higher after months of stability as mills pass on higher costs
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan...
Global Steel News
Iron ore futures consolidate as weak demand weighs on market
China's iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel...
Hoa Phat targets 2027 start-up for rail steel plant
Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now...
Vale to acquire 30pct stake in Ligga’s Brazilian iron ore mine
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for...
Mesabi Metallics starts iron ore mine and pellet plant in Minnesota
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and...
ABS opens steel service center in Sweden
Italian special steelmaker ABS Acciaierie Bertoli Safau, part of the Danieli Group, has opened a new service center in Varnamo, Sweden, strengthening its presence...