Middle East Steel News
Rebar exports rise 21pct in 2025 YoY
Turkey exported 4.1 mln tons of rebar in 2025, up 21pct YoY, according to data from the Turkish Statistical Institute (TUIK).
Yemen remained the largest...
Crescent Steel reports modest profit growth in H1 FY26
Pakistan-based Crescent Steel and Allied Products Limited reported a 1pct YoY increase in net profit to PKR 679.73 mln (USD 2.42 mln) for the...
Etihad Rail awards civil works contracts for Abu Dhabi-Dubai high-speed rail line
The UAE's Etihad Rail has awarded design-and-build contracts for the civil works and station packages of the high-speed rail line linking Abu Dhabi and...
Saudi Arabia drives surge in Chinese billet imports into the GCC in 2025
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of...
Scrap imports fall 6.5pct in 2025 YoY
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK).
The...
Global Steel News
Iron ore futures extend losses as supply overhang caps prices
Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising...
Fushun Special Steel commissions reducing and sizing block at SBQ mill
Fushun Special Steel Co. Ltd., a subsidiary of Shagang Group, has granted final acceptance to Kocks for its 3-roll Reducing & Sizing Block (RSB...
AM/NS India achieves green steel certification under new national taxonomy
AM/NS India has become the first integrated steelmaker in India to receive Green Steel certification under the Ministry of Steel's newly introduced green steel...
ArcelorMittal posts higher profit in 2025
ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and...
ArcelorMittal completes first heat following major Belval steelmaking upgrade
ArcelorMittal has achieved the first heat under the SteelUp! modernization project at its Belval site in Luxembourg, marking a major milestone in the upgrade...
