Middle East Steel News
Kardemir raises long steel prices
Turkish steelmaker Kardemir has raised its rebar and wire rod prices in its latest price list.
The company is offering 12-32 mm rebar at TRY...
Kardemir expands heavy profile steel range with new grades
Turkish steelmaker Kardemir has expanded its heavy profile steel range with S355JR and S355J2 structural steel grades for applications requiring high strength and load-bearing...
Vallourec confirms OCTG supply agreement with Aramco
Vallourec has confirmed the signing of an agreement with Saudi Aramco for the supply of oil country tubular goods (OCTG), confirming media reports previously...
Billet buying sentiment weakens amid logistics disruptions and weak rebar demand
Saudi Arabia's billet market remains heavily affected by logistics disruptions, with tight vessel availability, high freight costs and lengthy berthing delays continuing to complicate...
EU court dismisses Colakoglu, Erdemir appeals over HR steel anti-dumping duties
The European Union's Court of Justice has dismissed appeals by Turkish steel producers Colakoglu Metalurji and Erdemir challenging the EU's definitive anti-dumping measures on...
Global Steel News
Iron ore futures edge lower as demand sentiment remains mixed
China's iron ore futures edged lower on Wednesday as demand sentiment remained mixed, with tight steel mill margins and a lack of substantial improvement...
NMDC revises domestic iron ore prices
India's state-run iron ore producer NMDC has increased its domestic lump ore prices by INR 150 (USD 1.57) per ton, effective September 9, while...
Formosa raises domestic HRC prices for October-November delivery
Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for October-November delivery, with SAE1006 and SS400 grades now offered at around...
POSCO to expand galvanized steel capacity at Gwangyang
South Korean steelmaker POSCO plans to invest around USD 359 mln to build a new automotive steel plant at its integrated steelworks in Gwangyang,...
MagIron advances plans for domestic pig iron production
MagIron has completed a concept and economic study with Primetals Technologies evaluating large-scale granulated pig iron production integrated with its existing facilities in Minnesota...