Middle East Steel News
Kardemir trims rebar prices in new sales round
Turkish steelmaker Kardemir has launched a new rebar sales round, offering lower prices compared with its previous round in November.
Under the latest price list,...
Tenaris wins pipe supply contract for Sakarya gas field project
Tenaris has been awarded a contract to supply line pipe, casing, coating and related services for the third phase of the Sakarya gas field...
Meranti secures offtake deals for first green HBI module in Duqm
Meranti Green Steel has secured full offtake coverage for the first module of its green hot briquetted iron (HBI) plant in the Duqm Special...
SSP’s subsidiary secures offshore line pipe contract
Saudi Steel Pipe Company (SSP) said its consolidated subsidiary, Global Pipe Company (GPC), has signed a contract with Subsea 7 Saudi Arabia for the...
Crescent Steel wins line pipe supply contract from SNGPL
Crescent Steel and Allied Products Limited has secured a contract from Sui Northern Gas Company Limited (SNGPL) for the supply of assorted bare steel...
Global Steel News
Iron ore futures rebound on restocking hopes
Iron ore futures rose on Thursday as expectations of a near-term recovery in steel demand improved market sentiment ahead of the Lunar New Year...
Tata Steel installs new reducing and sizing block at long steel mill in Jamshedpur
Tata Steel has successfully integrated Kocks' RSB 370++/4(5) Reducing & Sizing Block at its new special bar quality (SBQ) and wire rod mill in...
Vallourec partners with XGS Energy to supply tubulars for geothermal projects
Vallourec and XGS Energy, a Palo Alto-based geothermal technology company, have announced a strategic supply chain partnership to support the development of next-generation geothermal...
EU grants net-zero strategic status to SSAB’s Lulea steel project
SSAB's investment in a new electric arc steel plant in Lulea has been designated a strategic net-zero project under the EU's Net-Zero Industry Act,...
Iron ore futures slide on excess supply and weak steel demand
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment.
Fundamentals remain under pressure amid...
