Middle East Steel News
Emirates Steel holds rebar prices steady for Jan production
Emirates Steel, a subsidiary of the EMSTEEL Group, has kept its rebar prices unchanged for January production.
The company maintained its rebar price at AED...
Ministry to apply reverse charge VAT on scrap trading from January 2026
The UAE Ministry of Finance has announced Cabinet Decision No. 153 of 2025, introducing a reverse charge mechanism for VAT on metal scrap trading...
RHI Magnesita sets up Dubai office to support regional growth
RHI Magnesita, a leading global supplier of high-grade refractory products, systems, and solutions, has strengthened its presence in the Middle East, Turkey, and Africa...
Scrap imports up 17pct in Jan-Nov 2025 YoY
Pakistan imported 335,526 tons of steel scrap in November 2025, up 15.6pct YoY from 290,294 tons in the same month last year, according to...
Finished steel imports rise in November 2025
Pakistan imported 349,128 tons of finished steel products in November 2025, up 37pct YoY, according to data from the Pakistan Bureau of Statistics (PBS).
However,...
Global Steel News
Iron ore futures edge higher as supply risks counter weak demand signals
Iron ore futures edged higher on Monday, though the overall demand outlook remained cautious as the market continued to assess underlying fundamentals.
Market participants believe...
SAIL awards key contracts for IISCO Steel Plant expansion
Steel Authority of India Limited (SAIL), India's largest public-sector steelmaker, has awarded Danieli contracts to supply major technologies for the expansion of the IISCO...
CSC to raise prices for some flat steel products for Jan sales
China Steel Corporation (CSC) announced it will increase prices for some steel products for January deliveries. The company will raise prices by TWD 300...
Iron ore gains, but weak fundamentals cap upside
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside.
Some market participants expect...
Ministry imposes AD tariffs on cold-rolled electrical steel imports from China
India's Ministry of Finance has imposed anti-dumping duties on imports of cold-rolled non-oriented (CRNO) electrical steel from China for a period of five years,...
