Middle East Steel News
HRC prices remain firm amid limited supply
Turkish HRC prices have remained firm over the past two weeks, with domestic and export markets supported by limited supply and a generally positive...
Aramco awards pipe supply contracts to local producers
Saudi Aramco has awarded separate steel pipe supply contracts to Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co., with a combined value of...
Ezz Steel, other producers face US countervailing duties
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy...
US sets dumping margin for two Turkish welded pipe producers
The US Department of Commerce has determined a 1.89 pct weighted-average dumping margin for Turkish large diameter welded pipe producers HDM Celik Boru and...
Scrap import prices hold as buying loses momentum
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales....
Global Steel News
Iron ore futures fall as restocking demand weakens
China's iron ore futures fell on Monday as pre-holiday restocking demand weakened, while weak steel demand continued to weigh on the market.
Market insiders said...
Shougang, Rio Tinto commission blast furnace carbon capture facility
Shougang Group and Rio Tinto have commissioned an industrial-scale carbon capture trial facility at Shougang's Jingtang operations in China, designed to capture CO2 from...
NMDC commissions integrated iron ore project in Chhattisgarh
NMDC Limited has commissioned an integrated project connecting its iron ore operations at Bacheli in Chhattisgarh with its steel plant complex at Nagarnar.
The project...
Tata Steel IJmuiden extends talks with government on green steel project
Tata Steel Nederland, the Dutch government and the Province of North-Holland have agreed to extend their Joint Letter of Intent (JLoI) on the Green...
Qarmet to upgrade rolling mill in Temirtau
Kazakhstan's Qarmet JSC has awarded POMINI Long Rolling Mills a contract to upgrade its rolling mill in Temirtau, Karaganda region.
The rolling mill, installed by...