Middle East Steel News
Scrap import prices stable amid limited trading activity
Turkey's scrap import prices remained stable this week, with HMS 1&2 (80:20) assessed around USD 400 per ton CFR, while buying activity slowed amid...
Kardemir to modernize meltshop automation at Karabuk plant
Turkey's Kardemir has awarded Primetals Technologies a contract to upgrade the automation systems at its meltshop in Karabuk.
The project covers modernization of three basic...
US finalizes antidumping review on Turkish rebar
The US Department of Commerce (DOC) has announced the final results of its antidumping duty administrative review on rebar imports from Turkey.
The review found...
Metal Park to expand cut-and-bend rebar capacity in Abu Dhabi
Metal Park is set to introduce 25,000-30,000 tons per month of cut-and-bend rebar capacity from Q2 2026, equivalent to around 10-12pct of the UAE's...
Kardemir opens new billet sales round with unchanged prices
Turkish steelmaker Kardemir has opened a new billet sales round, maintaining prices at previous levels.
The company is offering S235JR-grade billet at USD 540 per...
Global Steel News
Iron ore slips on cautious demand outlook
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses.
Iron ore futures...
JSW Steel FY26 crude steel output rises 8pct YoY
JSW Steel reported an 8pct YoY increase in consolidated crude steel production to 30.14 mln tons in FY26, according to a stock exchange filing.
Production...
Vallourec, Fervo sign five-year supply deal for geothermal projects
Vallourec has signed a five-year supply agreement with Fervo Energy to support the development of geothermal energy projects in the United States, with the...
Vale orders ethanol-powered vessels from Shandong Shipping
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029.
The deal includes...
GravitHy awards FEED contract for low-carbon HBI plant in Fos-sur-Mer
GravitHy has appointed engineering firm Hatch to carry out front-end engineering design (FEED) for its planned low-carbon iron production plant in Fos-sur-Mer, southern France.
The...
