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Thursday, October 15, 2026
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Middle East Steel News

HRC buying slows as shipping risks mount

Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...

AGSI sets benchmark for lower-carbon rebar production

Arabian Gulf Steel Industries (AGSI), the UAE's largest private steelmaker and recycler, has reported a verified cradle-to-gate carbon footprint of 139 kg of carbon...

NTC extends anti-dumping duties on Chinese CR steel for five years

Pakistan's National Tariff Commission (NTC) has decided to extend anti-dumping duties on cold rolled (CR) steel coils and sheets imported from China for another...

Jindal Steel Oman partners with Oman Cement to recycle steel slag

Jindal Steel Oman and Oman Cement Company have signed a three-year memorandum of understanding (MoU) to support the use of approximately 1 mln tons...

MENA steel leaders secure key roles in World Steel Association leadership

Executives from Saudi Arabia, Turkey and the UAE have secured key positions in the World Steel Association's (worldsteel) leadership for 2026/2027, strengthening the region's...

Global Steel News

Iron ore futures extend losses on weak market fundamentals

Iron ore futures fell on Wednesday as weak steel demand and continued pressure across China's steel market weighed on prices. Iron ore fundamentals remain bearish,...

Steel exports edge up in Sept 2026

China's steel exports reached 10.49 mln tons in September 2026, up 0.3pct YoY and 3.3pct from August, according to the latest data from the...

Mesabi Metallics selects Midrex for planned Iowa steel complex

Essar Group-backed Mesabi Metallics has selected Midrex Technologies to supply the direct reduced iron (DRI) technology for its planned USD 15 bln steel complex...

SSAB starts work on new quenching line for wear-resistant steels

SSAB has started construction of a new quenching line at its Oxelosund steel mill in Sweden, following a SEK 3.3 bln (USD 328 mln)...

BlueScope produces first galvanized coil at new Sydney line

BlueScope Steel has produced the first galvanized coil at its new continuous galvanizing line in Sydney, Australia, marking a key milestone in the commissioning...