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Thursday, May 14, 2026

Middle East Steel News

Hadeed raises long steel prices again for May production

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) increased domestic prices for its long steel products for May production, marking its second price revision...

EMSTEEL reports stronger Q1 profit despite lower steel sales

EMSTEEL reported improved profitability for the first quarter of 2026, supported by stronger operating performance in its steel business despite lower sales volumes. The group's...

Borusan Pipe posts improved Q1 results

Turkish pipe producer Borusan Pipe returned to profitability in the first quarter of 2026, supported by stronger sales volumes and improved operational efficiency, according...

HRC imports decline in Q1

Turkey's HRC imports declined by 2.5pct YoY during the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country's total...

Jindal Steel to assess carbon recycling technology at Duqm plant

Jindal Steel Oman awarded UK-based carbon recycling technology company PeroCycle a feasibility assessment contract to evaluate the integration of carbon recycling technology at its...

Global Steel News

Iron ore gains amid cautious optimism over trade talks

Iron ore futures increased on Wednesday, supported by cautious optimism over U.S.-China trade talks, although demand concerns persisted. Markets looked ahead to the high-level meeting...

JSW Steel reports slightly lower April crude steel output

India's JSW Steel reported consolidated crude steel production of 2.12 mln tons in April 2026, down around 1pct YoY compared to 2.14 mln tons...

Tata Steel IJmuiden, Ecocem sign MoU on low-carbon cement materials

Tata Steel IJmuiden and Ecocem Materials signed a memorandum of understanding (MoU) to expand cooperation on the development and potential use of steelmaking slags...

Tenaris signs geothermal technology MoU with Green Therma

Tenaris signed a memorandum of understanding (MoU) with Denmark-based Green Therma to cooperate on the development of next-generation closed-loop geothermal systems in Europe. Under the...

Iron ore futures decline on demand worries

Iron ore futures declined on Tuesday amid concerns that growth in Chinese steel production may be peaking, while high port-side inventories and rising global...
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