Middle East Steel News
Scrap import prices jump on new bookings
Turkey's imported scrap prices surged this week to USD 360-370 per ton CFR, up from USD 355-360 last week, driven by fresh bookings from...
Scrap imports fall in Jan-Oct 2025
Turkey imported 15.2 mln tons of ferrous scrap in January-October 2025, a 7pct YoY decline, according to data from the Turkish Statistical Institute (TUIK).
The...
EMSTEEL supplies rebar for Abu Dhabi’s Zayed National Museum project
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, announced its contribution to the construction of the Zayed National Museum...
Arada awards construction contracts for Masaar 2 development in Sharjah
Arada has awarded a USD 735 mln package of contracts to deliver Masaar 2, the next phase of its forested megaproject located in Sharjah's...
Steel exports rise in Jan-Oct, but strong import pressure persists – TCUD
Turkey exported 12.5 mln tons of steel in the first ten months of 2025, up 12.6pct YoY, with export revenues rising 4.1pct to USD...
Global Steel News
Iron ore slides further as weak demand and rising supply weigh on outlook
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious.
Iron ore inventories at major Chinese ports are still...
Posco signs deal to supply steel for Alaska LNG project
Posco International, the trading arm of the Posco Group, has finalized its strategic partnership with the Alaska LNG project in the United States, agreeing...
U.S. Steel to restart blast furnace at Granite City Works amid improving demand
U.S. Steel has begun the process of restarting one of the two blast furnaces at its Granite City Works facility, following several months of...
ArcelorMittal nears start-up of new electrical steel lines at Mardyck plant
ArcelorMittal is preparing to commission the first three production lines of its new electrical steel unit at the Mardyck site near Dunkirk by the...
Rugui commissions new high-efficiency reheating furnace at Azkoitia plant
Rugui Squares & Special Profiles, a leading Spanish steel producer, has successfully commissioned a new walking hearth reheating furnace at its Azkoitia facility, with...
