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Saturday, January 31, 2026
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Middle East Steel News

Scrap import prices flat as weak steel demand keeps mills cautious

Turkey's scrap import prices remained unchanged this week as weak finished steel demand continued to curb buying appetite among steelmakers. Scrap import prices were...

Ministry opens safeguard review on hot-rolled steel imports

Morocco's Ministry of Industry and Trade has launched a review investigation to assess whether the safeguard measure on imports of hot-rolled flat steel products...

Jindal Steel Sohar sets record monthly rebar output in December

Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, reported a world record monthly rebar production of 158,460...

ISL posts strong H1 FY26 results on higher sales

International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial performance for the first half of FY26 ended December 31, 2025, according...

Kardemir trims rebar prices in new sales round

Turkish steelmaker Kardemir has launched a new rebar sales round, offering lower prices compared with its previous round in November. Under the latest price list,...

Global Steel News

Iron ore futures remain under pressure on rising supply

Iron ore futures remained under pressure on Friday as market sentiment stayed cautious amid rising supply and record-high inventories. Iron ore stockpiles at major Chinese...

Daido Steel wins electric arc furnace engineering order from Nippon Steel

Japan's Daido Steel Co., Ltd. has secured an engineering contract from Nippon Steel Corporation for an electric arc furnace plant to be installed at...

Dongkuk CM develops AI system to detect surface defects on color-coated steel

Dongkuk CM, a Dongkuk Steel Group company specializing in cold-rolled and color-coated steel sheets, has developed an AI-based surface defect detection system, marking an...

Voestalpine divests Bohler Profil in portfolio realignment

Voestalpine has agreed to sell voestalpine Bohler Profil to Kadant Inc. as part of its ongoing streamlining of the High Performance Metals division, the...

Legal battle escalates between ArcelorMittal and Italy over ADI

ArcelorMittal said it has been served with a writ of summons by the extraordinary commissioners of Acciaierie d'Italia (ADI) and has filed a EUR...
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