Middle East Steel News
HRC imports rise in Jan-Jul 2025
Turkey imported 2.27 mln tons of hot-rolled coil (HRC) in the first seven months of 2025, up 3.5pct YoY, according to data from the...
MSC wins contract to develop Madar gas field
Mobarakeh Steel Company (MSC), Iran's largest steelmaker, has been awarded a contract by the Oil Ministry to develop the Madar gas field near Asaluyeh,...
Veolia-led consortium to build wastewater recycling plant in Jubail
A consortium of Veolia, Marafiq, Lamar, and Satorp, a Saudi Aramco and TotalEnergies joint venture, will develop a project to treat and recycle all...
Scrap import prices largely stable amid limited buying activity
Turkey's scrap import prices held largely stable this week at USD 335-345 per ton CFR, edging down slightly from USD 337-345 per ton CFR...
Ministry to impose provisional safeguard tariffs on flat steel imports
The Egyptian Ministry of Investment and Foreign Trade has announced provisional safeguard duties on flat steel products, according to two WTO notifications.
For hot-rolled flat...
Global Steel News
Iron ore futures edge lower as weak property data weighs on sentiment
Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses.
China's economy showed further strain...
GPIL to commission cold rolling mill in Chhattisgarh
Indian steel producer Godawari Power and Ispat (GPIL) has awarded an INR 500 mln (USD 56.7 mln) contract to John Cockerill India for the...
Vallourec secures major OCTG contract from Petrobras
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Petrobras following a competitive bidding process. The long-term deal,...
Vale extends partnership with HMM for iron ore transport until 2036
Vale has signed a long-term contract of affreightment (COA) with South Korea's largest shipping company, HMM, worth KRW 430 bln (USD 310 mln). Under...
LKAB to invest in new iron ore sorting plant at Malmberget mine
LKAB's board has approved a SEK 6 bln (USD 646 mln) investment to build a new sorting plant at the Malmberget mine in Gallivare,...
New (Renewed) Steel Companies on MEsteel
