Middle East Steel News
HRC exports rise in first seven months of 2025 despite July setback
Turkey exported around 1.73 mln tons of HRC in the first seven months of 2025, marking a 24pct YoY increase, according to data from...
AQS signs deals to expand steel exports across Africa
The Algerian-Qatari Steel Company (AQS) has signed commercial and strategic agreements worth more than USD 1.6 bln to boost its steel exports to over...
Aisha Steel’s losses deepen in FY25 on lower sales
Pakistan's Aisha Steel Limited reported a sharp widening of losses in fiscal year 2025, ending June 30, with net losses rising to PKR 1.35...
Watani Steel renews credit facility with Alinma Bank
Watani Iron Steel Co. (Watani Steel) has renewed a Shariah-compliant bank facility worth SAR 25 mln (USD 6.65 mln) with Alinma Bank, according to...
EMSTEEL advances sustainable steelmaking with electric process gas heater pilot
UAE's EMSTEEL Group, one of the region's largest publicly listed steel and building materials manufacturers, has partnered with Italian technology leader Danieli to launch...
Global Steel News
Iron ore futures ease as weak steel demand weighs on market
Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced.
Rising inventories of finished steel products, particularly long steel, at major Chinese...
JSW Steel boosts high-grade steel production capacity at Dolvi plant
JSW Steel Ltd. has issued a Final Acceptance Certificate (FAC) to SMS group for commissioning a second 350-ton RH-TOP (Ruhrstahl Heraeus) unit at its...
JSW JFE Electrical Steel orders advanced tunnel furnaces for Nashik plant
JSW JFE Electrical Steel Nashik has awarded John Cockerill India a contract to engineer, design, manufacture, and supply advanced tunnel furnaces for its Nashik...
Metso expands hydrogen-based solutions with new pilot plant in Frankfurt
Metso has inaugurated its Circored pre-reduction pilot plant in Frankfurt, Germany. The investment reflects Metso's commitment to advancing low-carbon technologies and supporting the global...
Mitsui and Itochu acquire stakes in BHP’s iron ore deposit
Japan's Mitsui & Co. and Itochu Corporation have signed agreements with BHP to acquire indirect stakes in the Ministers North iron ore deposit in...
New (Renewed) Steel Companies on MEsteel
