Middle East Steel News
Hadeed raises long steel prices again on rising costs
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid...
Kardemir concludes latest billet sales round amid firm demand
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders...
EMSTEEL maintains price stability to support domestic market resilience
EMSTEEL Group has maintained price stability to support market resilience and ensure continuity of supply across key steel and building materials products.
The move underscores...
Tosyali advances expansion strategy, targets automotive steel output in Algeria
Turkey's Tosyali Holding is advancing its global expansion strategy, including plans to begin production of automotive-grade steel at its Algerian facility in the third...
Emirates Steel keeps May rebar prices unchanged
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production.
The company maintained its rebar price at AED 2,721...
Global Steel News
Iron ore futures ease on mixed fundamentals
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook.
Iron ore futures had risen in previous...
Hoa Phat Q1 profit jumps on strong steel sales
Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in...
Hyundai-Posco Louisiana secures gas supply deal from Air Liquide
Hyundai-Posco Louisiana LLC has signed a long-term agreement with Air Liquide for the supply of oxygen, nitrogen and argon to its new low-carbon steel...
Ferrexpo funding push intensifies as liquidity strains
Ferrexpo is pursuing a potential equity capital raise of at least USD 100 mln to support its working capital position, with the board stating...
OEMK implements AI system for metallization process control
Oskol Electrometallurgical Plant (OEMK), part of Metalloinvest, has completed the first stage of implementing industrial artificial intelligence (AI) to control its metallization unit.
Metallization units...
