Middle East Steel News
Scrap import prices steady on cautious market sentiment
Turkey's imported scrap prices held steady this week at USD 360-370 per ton CFR, with buying activity slowing as steel mills pause to assess...
Posco Assan seeks action against dumped stainless steel imports
Turkey's stainless steel producer Posco Assan, a joint venture between Posco and Kibar Holding, has reiterated the need for protective measures in response to...
Iron ore imports decline in Jan-Oct 2025
Turkey imported 8.37 mln tons of iron ore in the first ten months of 2025, a 5pct decline from the same period last year,...
Modon awards contract for residential project in Abu Dhabi
Modon Holding has awarded a construction contract valued at USD 272 mln to Trojan Construction Group for the Maysan development in Abu Dhabi. Trojan...
Maghreb Steel reports 15pct revenue growth in Jan-Sep 2025 YoY
Morocco's leading flat steel producer, Maghreb Steel, posted a 15pct YoY increase in revenue for the first nine months of 2025, supported by stronger...
Global Steel News
Iron ore futures fall on weak market fundamentals
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a...
Beijing to roll out steel export licensing system in 2026
China's Ministry of Commerce will introduce a new steel export licensing system starting January 1, 2026, requiring permits for most steel products in an...
Jindal Steel expands heat treatment capacity at Angul plant
Jindal Steel Ltd. (formerly Jindal Steel and Power Ltd.) has significantly expanded its manufacturing capabilities at its Angul plant in Odisha, tripling its heat-treated...
Nippon Steel to merge slag and cement units as part of sustainability push
Nippon Steel Blast Furnace Slag Cement and Nippon Steel Cement, both consolidated subsidiaries of Nippon Steel Corporation, will merge on April 1, 2026, as...
Tata Steel orders new acid regeneration plant for Port Talbot Works
Tata Steel has contracted international technology group Andritz to supply a new acid regeneration plant for its Port Talbot Works in Wales. The facility,...
