Middle East Steel News
Steel sector sees stronger exports and production in H1 – TCUD
Turkey's steel product exports increased in the first half of 2026, supported by stronger shipments to markets including the Middle East, South America and...
Govt introduces electricity-linked sales tax mechanism for steel sector
The Pakistani government has introduced a new mechanism for collecting sales tax from electricity-based steel melters, re-rollers and composite units, linking tax payments directly...
Zamil Steel completes structural steel works for Central Avenue project
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the supply and erection of structural steel for the...
Scrap import prices firm on tighter supply, cautious buying
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers...
EMSTEEL reports stronger H1 earnings on improved steel profitability
UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by...
Global Steel News
Iron ore futures hit fresh one-year low on weak demand
Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant...
Baogang plant explosion linked to prolonged tank corrosion – reports
An official investigation into the fatal explosion at Baogang United Steel's plate plant in Baotou, Inner Mongolia, found that long-term corrosion damage to a...
NMDC iron ore production rises in July
State-owned miner NMDC reported a sharp increase in iron ore production in July 2026, while sales remained broadly stable compared with the same month...
ArcelorMittal expands Microsoft partnership to accelerate AI-driven transformation
Global steelmaker ArcelorMittal has expanded its collaboration with Microsoft to accelerate the use of cloud computing, data analytics and artificial intelligence across its global...
Steeltec commissions laser-based measuring system at rolling mill
Swiss special steel producer Steeltec AG has commissioned a new 4D EAGLE S laser measuring system at its rolling mill in Emmenbrucke to improve...