Middle East Steel News
Tosyali Algerie sets global record in annual DRI production
Tosyali Algerie has set a new world record for annual direct reduced iron (DRI) output from a single direct reduction module, producing 2.43 mln...
EMSTEEL divests non-core Anabeeb division to Khansaheb Group
EMSTEEL, the UAE's largest steel and building materials producer, has sold its non-core Anabeeb division to Khansaheb Group, as part of a strategy to...
Dana Gas, Crescent Petroleum sign gas supply deal for Kurdistan steel and cement firms
Dana Gas and Crescent Petroleum, together with partners in the Pearl Petroleum Consortium, have signed long-term Gas Sales Agreements (GSAs) to supply natural gas...
Construction sector confidence index improves in Jan 2026 – TUIK
Turkey's construction sector confidence index rose 1.5pct month on month to 85.7 in January 2026, according to data from the Turkish Statistical Institute (TUIK),...
Hadeed raises long steel prices for February sales
Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for February sales.
Rebar prices for 12-32 mm sizes were raised...
Global Steel News
Iron ore futures extend losses on cautious sentiment
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand.
Iron ore prices continued to face...
Algoma Steel, Hanwha Ocean sign strategic MOU tied to country’s submarine program
Algoma Steel Group has entered into a binding memorandum of understanding (MOU) with Hanwha Ocean to establish a long-term strategic arrangement linked to Canada's...
Tenaris opens new service center in Barrancabermeja
Tenaris has inaugurated a new service center in Barrancabermeja, Santander, strengthening its service footprint and support capabilities for oil and gas operators in Colombia.
The...
Dillinger orders new blast furnace staves
Dillinger has placed an order with SMS group for Paul Wurth cast iron staves and additional copper staves for blast furnace 5, which has...
Iron ore futures subdued on oversupply concerns
Iron ore futures remained subdued on Monday as oversupply pressure continued to weigh on market sentiment.
Rising global supply, together with high iron ore inventories...
