Middle East Steel News
Scrap import prices hold firm as domestic rebar demand improves
Turkey's imported scrap prices held largely stable this week, with assessments nudging up to around USD 355 per ton CFR from USD 350-355 per...
Hascelik completes hot-rolling trials for free-cutting steel at Bilecik mill
Hascelik, one of Turkey's leading specialty steel producers, has successfully completed hot-rolling trial production of free-cutting steel at its Bilecik mill.
The trials covered various...
NMDC Energy signs MoU with CITIC Steel to strengthen strategic supply chain
Abu Dhabi-based NMDC Energy has signed a Memorandum of Understanding with CITIC Steel, China's second-largest steel producer, the company said in a stock-exchange filing.
NMDC...
AlKhorayef wins contract for sewer network project
Saudi Arabia's AlKhorayef Water and Energy Technology Company has secured a USD 59 mln contract from the National Water Company to build sewer networks...
Ezz Steel cuts rebar prices for November
Ezz Steel, one of Egypt's largest steel producers, has offered an EGP 4,000 (USD 84) per-ton discount on November rebar deliveries, its first price...
Global Steel News
Iron ore futures weaken for second day as soft steel demand weighs on sentiment
Iron ore futures remained subdued on Friday, extending losses for a second consecutive session as weak steel demand continued to pressure prices, even though...
SAIL to double capacity of Rourkela Steel Plant by 2030
State-owned Steel Authority of India Ltd (SAIL) plans to double the capacity of its Rourkela Steel Plant (RSP) to 9.8 mln tons by 2030,...
Ministry extends QCO exemptions for certain stainless steel products
The Ministry of Steel has extended the exemption period for key stainless steel flat products under the Quality Control Orders (QCOs) to March 31,...
British Steel secures rail sleeper order for major Australian rail network
British Steel has secured an order from Australia for 20,000 steel sleepers, the company said in a press release. The supply was arranged through...
SSAB wins final approval to build new low-emission steel plant in Lulea
Sweden's Land and Environment Court of Appeal has upheld SSAB's permit to build and operate a new electric arc furnace (EAF) steel plant in...
