Middle East Steel News
East Pipes signs material handling equipment deals to strengthen pipe operations
Saudi Arabia's East Pipes Integrated Company for Industry has signed agreements worth about SAR 8.9 mln (USD 2.37 mln) with selected suppliers as part...
Bulk carrier transporting steel billets to UAE sinks in Strait of Hormuz
A bulk carrier carrying steel billets from India to the UAE partially sank in the Strait of Hormuz after suffering structural failure, raising concerns...
Canada maintains duties on corrosion-resistant steel imports from Turkey and Vietnam
The Canadian International Trade Tribunal (CITT) has maintained anti-dumping and countervailing measures on imports of corrosion-resistant flat-rolled steel from Turkey and Vietnam, concluding that...
Oman Zinc starts construction of USD 50 mln recycling industrial park
Oman Zinc has started construction of a USD 50 mln zinc recycling industrial park at Sohar Freezone, expanding Oman's downstream metals processing capacity and...
Scrap import prices steady as mills maintain cautious buying
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and...
Global Steel News
Iron ore eases as sluggish steel demand pressures market
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron...
JSL supplies stainless steel for country’s first hydrogen-powered train
Jindal Stainless Limited (JSL) has supplied around 40pct of the stainless steel used in India's first hydrogen-powered train, supporting the country's efforts to develop...
Big River Steel secures supply role in Arkansas solar project
U.S. Steel's Big River Steel mill in Arkansas will supply more than 142,000 tons of steel coils for the first two phases of the...
Jingye seeks compensation after British Steel nationalization
China's Jingye Group has demanded compensation following the nationalization of British Steel, saying it has initiated consultations under the China-UK bilateral investment treaty and...
Salzgitter raises 2026 outlook after stronger first-half performance
Germany's Salzgitter AG has raised its financial guidance for 2026 after reporting significantly improved preliminary results for the first half of the year, driven...