Middle East Steel News
EMSTEEL launches high-strength ES600 rebar grade
UAE-based EMSTEEL has launched ES600, a high-strength steel rebar grade that the company says is the highest-strength rebar currently produced in the country.
The product...
ISMQ reports 47pct decline in nine-month profit
Egypt's Iron & Steel for Mines & Quarries (ISMQ) reported a net profit after tax of EGP 229.3 mln (USD 4.42 mln) for the...
PSMA seeks tax, power tariff reforms in FY27 budget
Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the...
Domestic steel firms join AD Ports’ rail-linked logistics network
AD Ports Group has signed memoranda of understanding (MoUs) with major UAE steel and industrial producers, including EMSTEEL Group, Al Ghurair Iron & Steel,...
Borusan Pipe’s US subsidiary secures USD742 mln worth of orders
Turkey-based Borusan Pipe has announced that its US subsidiary, Borusan Berg Pipe, secured new sales orders worth approximately USD 742 mln in the United...
Global Steel News
Iron ore gains as coking coal extends rally
Iron ore futures post gains on Tuesday, supported by a continued rally in coking coal prices, although the broader outlook for the steelmaking raw...
Ministries launch AD investigations into HR and CR steel imports
Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have initiated anti-dumping investigations into imports of hot-rolled and cold-rolled steel...
Trump adjusts tariffs on downstream steel, aluminum products
US President Donald Trump has signed a proclamation modifying tariffs on certain downstream steel- and aluminum-related products under Section 232 measures, aimed at supporting...
SSAB resumes Lulea project works, confirms Oxelosund EAF start-up in Q2 2027
Sweden-based SSAB has resumed construction activities at its Lulea transformation project following an investigation into illness symptoms reported by workers earlier this year.
The company...
Coking coal jumps on supply concerns, iron ore slips
Iron ore futures edged lower on Monday as concerns over weak steel demand and seasonal consumption slowdown outweighed support from a sharp rally in...