Middle East Steel News
Scrap import prices edge lower on slow steel demand
Turkey's imported scrap prices eased slightly this week to USD 360-365 per ton CFR, down from USD 360-370 per ton CFR last week, as...
Govt in talks with Chinese firm on building maritime industrial complex in Karachi
Pakistan is considering a proposed EUR 1-2 bln (USD 1.17-2.34 bln) integrated maritime industrial complex at Port Qasim, Karachi that could help revive the...
Modon awards construction contract for Hudayriyat Island villa projects
UAE-based developer Modon has awarded the main construction contract for two residential developments, Nawayef East and Nawayef West, on Hudayriyat Island, with a combined...
Wire rod exports edge up in Jan-Oct 2025
Turkey exported 768,400 tons of wire rod in the first ten months of 2025, posting a marginal 0.3pct YoY increase, according to data from...
Sonarem, Tosyali Algeria advance strategic partnership on Gara Djebilet iron ore project
Algeria's state-owned national mining company, Sonarem Group and Tosyali Algeria have taken a further step toward strengthening their strategic partnership for the development of...
Global Steel News
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,...
Xuan Thien to develop flat steel production facilities in Ninh Binh province
Vietnam's Xuan Thien Group has signed a strategic investment and cooperation agreement with Primetals Technologies to develop advanced steelmaking facilities in Ninh Binh province,...
JFE Steel develops real-time granule size sensor to boost sintering productivity
JFE Steel Corporation has developed a sensor that measures the particle-size distribution of granulated materials in real time as they move on conveyors during...
Tibnor to acquire Ovako Metals Oy to strengthen distribution network
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, has signed an agreement with Ovako to...
