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Friday, July 17, 2026

Middle East Steel News

Meranti Green Steel selects technology partners for Duqm DRI project

Meranti Green Steel (MGS) has appointed SMS group and Midrex Technologies as technology partners for the front-end engineering phase of its planned 2.5 mln...

Al Yamamah Steel moves ahead with billet project

Saudi Arabia's Al Yamamah Steel Industries said its subsidiary, Al Yamamah for Reinforcing Steel Bars, has signed a SAR 270 mln (USD 72 mln)...

Scrap imports surge in June

Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to...

Finished steel imports jump in June

Pakistan imported 389,370 tons of finished steel products in June 2026, more than doubling from 187,456 tons in the corresponding month last year, according...

HRC exports fall 15pct in Jan-May 2026 YoY

Turkey exported 1.1 mln tons of HRC during the first five months of 2026, down more than 15pct year-on-year, according to data from the...

Global Steel News

Iron ore steadies as resilient steel output offsets bearish outlook

Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over...

Steel exporters gain duty-free quota of 1.1 mln tons in UK market

Indian steel exporters will be able to ship more than 1.1 mln tons of steel annually to the UK duty-free under the India-UK Comprehensive...

Govt nationalizes British Steel to safeguard domestic steel production

Govt nationalizes British Steel to safeguard domestic steel production The UK government has taken British Steel into public ownership after the Steel Industry (Nationalization) Act...

Tenaris commissions solar plants at Italian steel facilities

Tenaris has commissioned two new photovoltaic plants at its Sabbio Bergamasco and Arcore facilities in Italy as part of its strategy to reduce CO2...

Rio Tinto reports higher H1 iron ore output, maintains 2026 shipment guidance

Rio Tinto reported a 6pct YoY increase in Pilbara iron ore production to 162.3 mln tons during the first half of 2026, supported by...