Middle East Steel News
Kardemir raises billet and rebar prices in latest sales round
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases.
The producer sold...
NTC starts review of existing AD duties on CR steel imports from four countries
Pakistan's National Tariff Commission (NTC) has initiated a sunset review of existing anti-dumping duties on cold-rolled (CR) steel imports from the European Union, Vietnam,...
Kardemir wins TURASAS tender for monobloc railway wheels
Turkish steelmaker Kardemir has won a tender from Turkiye Rayli Sistem Araclari Sanayii A.S. (TURASAS), Turkish state-owned rail vehicle manufacturer, to supply 1,640 TSI-certified...
Explosion at Yesilyurt steel mill injures two operators
An explosion at the furnace control room of Yesilyurt Demir Celik's steel plant in Tekkekoy, Samsun province, Turkey, injured two operators, local media reported.
The...
Aramco signs OCTG purchase agreement with Vallourec – reports
Aramco has signed a purchase agreement for oil country tubular goods (OCTG) with French tubular products maker Vallourec, according to media reports, as part...
Global Steel News
Iron ore futures strengthen on improving market sentiment
China's iron ore futures strengthened on Wednesday as improving expectations for steel production provided support to the market, although rising iron ore supply limited...
Tata Steel Ludhiana secures country’s first BIS licence for octagonal billets
Tata Steel Ludhiana has received the Bureau of Indian Standards (BIS) licence under IS 14650:2023 for producing octagonal billets, becoming the first steel producer...
Alleima to invest USD 20 mln in advanced tube capacity at Mehsana plant
Swedish specialty steelmaker Alleima plans to invest around USD 20 mln to expand production capacity and capabilities for advanced tubing products at its existing...
CME Group launches zinc futures with first trades by Glencore, Trafigura
CME Group has launched its U.S. Zinc Futures contract, with the first trades executed by Glencore and Trafigura on CME Globex on August 20...
Jingye urges British government to compensate for British Steel nationalization
China's Jingye Steel has urged the UK government to provide compensation following the nationalization of its British Steel assets, saying the move was carried...