Middle East Steel News
MEsteel Year-End Review – Scrap import prices marked by volatility and cautious buying
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and...
Ministry seeks to accelerate green steel localization with China’s Tsingshan Group
Oman is moving to strengthen industrial cooperation with China's Tsingshan Group as part of efforts to localize green steel production and develop downstream industries...
Saipem wins two offshore contracts with Aramco
Saipem has secured two offshore contracts in Saudi Arabia under its long-term agreement with Aramco, the company announced in a press release.
The first, a...
MEsteel Year-End Review – Chinese HRC prices track global pressure amid volatile import flows
Chinese HRC prices remained under pressure in 2025, with UAE import patterns highlighting booking lags and global supply dynamics. Chinese HRC prices into the...
Ekinciler advances low-carbon steel production with solar energy project
Ekinciler Demir Celik is strengthening its low-carbon steel production strategy by sourcing renewable energy through a new solar power project developed with YEO Teknoloji....
Global Steel News
Iron ore futures defy weak steel fundamentals in 2025
China's iron ore futures market delivered one of the clearest paradoxes of 2025. Futures prices remained resilient and ended the year higher despite weakening...
APL Apollo posts record Q3FY26 steel tube sales volume
India-based steel tube producer APL Apollo Tubes Limited reported its highest-ever quarterly sales volume in Q3FY26.
Sales volumes reached 916,976 tons during the quarter, up...
L&T secures major steel EPC orders from SAIL under expansion programme
Larsen & Toubro (L&T) has secured major steel-sector orders through its Minerals & Metals (M&M) business vertical, including key engineering, procurement and construction (EPC)...
British Steel explores waste heat recovery to cut industrial emissions
British Steel participated in a cross-sector project that examined ways to reduce carbon emissions by improving waste heat recovery from high-temperature furnaces. The study,...
ArcelorMittal moves forward with Hunedoara plant asset sale
ArcelorMittal Hunedoara has signed an agreement to sell its assets to UMB Steel, part of Romania's UMB civil engineering group, for EUR 12.5 mln...
