Middle East Steel News
Kardemir cuts billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 5 per ton compared with its previous offers issued on...
Koc Metalurji to halt Osmaniye steel plant for planned maintenance
Turkish steel producer Koc Metalurji announced a temporary production shutdown at its steel mill in Osmaniye as part of planned maintenance and efficiency improvement...
EBS wins structural steel contract for cultural complex project in Oman
Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments PJSC, has secured a major contract to deliver the complete structural steel package...
Ministry launches recycling licensing framework to boost steel scrap recovery
Saudi Arabia's Ministry of Industry and Mineral Resources has introduced a national licensing framework for the waste recycling industry as part of efforts to...
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...
Global Steel News
Iron ore futures slide on excess supply and weak steel demand
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment.
Fundamentals remain under pressure amid...
Masteel orders new slab caster for Maanshan plant
Chinese steel producer Maanshan Iron and Steel Co., Ltd. (Masteel) has awarded Primetals Technologies a contract to engineer, supply and commission a new bow-type,...
India-EU FTA set to reshape steel trade, CBAM remains key hurdle
India and the European Union have concluded a long-delayed Free Trade Agreement (FTA), a major step expected to reshape bilateral trade flows, including steel,...
Vale records strongest iron ore output in seven years in 2025
Brazilian miner Vale SA reported its highest annual iron ore output since 2018, exceeding its production guidance for 2025.
Vale's iron ore production rose 2.6pct...
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...
