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Thursday, January 8, 2026
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Middle East Steel News

Kardemir opens new rebar sales round at lower prices

Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list. The company offered rebar in 12-32 mm sizes...

Kardemir signs rail supply contracts with Turkish State Railways

Turkish steelmaker Kardemir said it has signed contracts with the Turkish State Railways (TCDD) General Directorate and seven regional directorates for the supply of...

Govt discontinues VAT exemption on domestic inputs under inward processing regime

Turkey's value-added tax (VAT) exemption on domestically sourced inputs under the inward processing procedure expired at the end of 2025 and is no longer...

Prime Green Recyclers launches country’s first HKC-compliant ship recycling yard

Pakistani shipbreaking firm Prime Green Recyclers has brought into operation a ship recycling facility in Gadani certified under the Hong Kong International Convention (HKC),...

Kardemir cuts billet prices in new sales round

Turkish steelmaker Kardemir has launched a new billet sales round, trimming prices by USD 5 per ton from its previous offers issued on December...

Global Steel News

Iron ore futures ease as weaker steel output and profit-taking weigh on sentiment

Iron ore futures retreated on Thursday, with weaker steel production data and the sharp rally earlier in the week dampening spot-market buying. Iron ore futures...

Tata Steel posts record quarterly production and deliveries in Q3 FY26

Tata Steel reported its best-ever quarterly performance in India during the third quarter of FY26, driven by higher output, strong domestic demand, and growing...

Hyundai Steel to build DRI pilot plant at Dangjin ahead of US mill launch

Hyundai Steel will build a pilot direct reduced iron (DRI) facility at its Dangjin Steelworks to test hydrogen- and gas-based direct reduction processes, accelerating...

Pittini to modernize rolling mill at Potenza plant

Italian steelmaker Pittini Group has awarded Danieli a contract to modernize the rolling mill at its SiderPotenza plant in Potenza. The project aims to improve...

ArcelorMittal secures long-term nuclear power supply for French operations

ArcelorMittal and EDF have signed a Nuclear Power Production Allocation Contract (CAPN) covering ArcelorMittal's sites in France, following a letter of intent agreed in...
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