Middle East Steel News
HRC imports rise 10pct in Jan-Sep 2025 YoY
Turkey imported 2.93 mln tons of HRC in the first nine months of 2025, up 10pct YoY, according to data from the Turkish Statistical...
Steel Producers Committee elects new leadership
The UAE Steel Producers Committee has appointed new leaders to guide the industry group.
EMSTEEL Group CEO Saeed Ghumran Al Remeithi has been elected Chairman,...
Sumitomo partners with EDO to build integrated OCTG supply hub in Muscat
Japan's Sumitomo Corporation has formed a new joint venture in Muscat, Integrated Supply Chain Oman LLC, with state-owned Energy Development Oman. The company will...
Scrap import prices steady amid cautious buying
Turkey's imported scrap prices held steady this week at USD 350-355 per ton CFR, unchanged from last week, as mills continued booking cargoes to...
Wire rod exports dip in Jan-Sep 2025
Turkey exported 714,500 tons of wire rod in the first nine months of 2025, a 3pct YoY decline, according to data from the Turkish...
Global Steel News
Iron ore futures climb, though weak steel demand limits momentum
Iron ore futures jumped on Monday as expectations of new economic stimulus from Beijing boosted market sentiment.
Commodity markets gained after China's finance minister signalled...
Hengyang Valin orders cutting lines for major seamless pipe complex
Hengyang Valin has selected Danieli to supply two SDM cutting lines for integration into what will become the world's largest seamless pipe mill, now...
NMDC raises lump ore prices, keeps fines unchanged
India's state-owned iron ore producer NMDC has increased its lump ore prices while leaving fines unchanged, the company said in a stock exchange filing.
Lump...
Tata Steel IJmuiden to acquire Vattenfall’s Velsen power plants
Tata Steel IJmuiden B.V., the Dutch subsidiary of Tata Steel, has signed a share purchase agreement with Vattenfall Power Generation Netherlands B.V. to acquire...
Rio Tinto partners with Calix to pilot hydrogen-based steelmaking technology
Rio Tinto has signed a Joint Development Agreement (JDA) with Australian environmental technology company Calix to support construction of the Zesty (Zero Emissions Steel...
