Middle East Steel News
Scrap import prices remain under pressure amid weak steel demand
Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS...
Kardemir raises domestic rebar prices
Turkish steel producer Kardemir has increased domestic rebar prices in its latest sales round announced on May 21.
The company set prices for 12-32 mm...
Emirates Steel hikes June rebar prices
UAE-based Emirates Steel, part of EMSTEEL Group, has increased rebar prices for June production.
The company raised rebar prices by AED 100 (USD 27) per...
NTC initiates AD investigation into Chinese CR-based color steel imports
Pakistan's National Tariff Commission (NTC) has initiated an antidumping investigation into imports of cold rolled-based color coated steel coils and sheets originating in and/or...
Scrap imports decline in Jan-Apr 2026
Pakistan imported 217,192 tons of steel scrap in April 2026, down by nearly 26pct compared with 292,945 tons imported in the same month last...
Global Steel News
Iron ore futures weaken on rising supply concerns
Iron ore futures remained under pressure on Friday amid rising supply levels and concerns over steel demand, although losses were limited by relatively firm...
SAIL signs gas supply agreement with GAIL for Rourkela Steel Plant
Steel Authority of India Limited (SAIL) has signed a gas sales agreement with GAIL Gas Limited, country's largest state-owned natural gas company, for the...
Tata Steel Port Talbot secures lower U.S. steel tariff rate
Tata Steel UK has secured lower U.S. tariff treatment for steel processed at its Port Talbot plant, allowing exports to qualify for the reduced...
Vallourec, Syngular Solutions partner on carbon capture projects in Brazil
French steel pipe producer Vallourec has signed a memorandum of understanding (MoU) with Brazilian engineering and consulting company Syngular Solutions to collaborate on bioenergy...
Iron ore futures down as seasonal slowdown weighs
Iron ore futures declined on Thursday as concerns over weaker steel demand continued to weigh on market sentiment.
Some Chinese steel traders said that domestic...
