Middle East Steel News
Scrap import prices climb amid cautious optimism
Turkey's scrap import prices increased this week, supported by the uptrend in finished steel prices. MESTEEL assessed HMS 1&2 (80:20) at USD 395-400 per...
Domestic structural steel demand remains firm despite import disruptions
The UAE structural steel market remains firm, supported by steady domestic demand, but logistics disruptions continue to complicate imported supply and deliveries.
Chinese JIS beams...
HRC exports fall in Jan-Jul 2026
Turkey exported 1.45 mln tons of HRC during the first seven months of 2026, down 16 pct YoY, according to Turkish Statistical Institute (TUIK)...
OCTG firms sign pipe logistics agreements with Aramco-DHL JV
Major OCTG manufacturers ArcelorMittal Tubular Products Al-Jubail (AMTPJ), Jubail Energy Services Company (JESCO) and Tenaris have signed customer agreements with ASMO, the Aramco-DHL joint...
Al Yamamah Steel awarded transmission tower contract from NPCC
Al Yamamah Steel Industries Co. has signed a SAR 103.14 mln (USD 27.5 mln) contract to supply steel towers to a branch of National...
Global Steel News
Iron ore futures rise, coking coal plunges on supply outlook
China's iron ore futures moved higher on Friday, but the wider ferrous complex came under pressure as coking coal and coke prices fell sharply...
Jinan Steel Group orders two pelletizing plants from SMS
Jinan Steel Group has placed two separate orders with SMS group for large-scale travelling grate pelletizing plants at its steelworks in Hebei province, China.
One...
AM/NS India secures BIS licences for Q&T and ZAM steel products
AM/NS India has secured Bureau of Indian Standards (BIS) licences under two new standards covering quenched and tempered (Q&T) steel and zinc-aluminium-magnesium (Zn-Al-Mg), or...
Vallourec wins seamless pipe supply contract for Petrobras’ Sepia 2 project
Vallourec has secured a contract from Subsea7 to supply carbon steel seamless line pipe and thermal insulation coating for Petrobras' Sepia 2 offshore project...
ArcelorMittal receives LNG-powered iron ore carrier in Ghent
ArcelorMittal Belgium in Ghent received the Oceana Frontier, the world's first LNG-powered bulk carrier. The vessel delivered iron ore from Canada, marking its first...