Middle East Steel News
Scrap import prices remain firm amid weaker buying sentiment
Turkey's imported scrap prices remained largely stable this week, with tight supply and high freight costs supporting the market despite cautious buying from Turkish...
Saudi Steel Pipe H1 profit declines on lower sales volume
Saudi Steel Pipe Company (SSP) reported lower revenue and net profit in the first half of 2026, mainly reflecting lower sales volumes, an expected...
Al Yamamah Steel’s net profit rises sharply in 9M FY26
Saudi Arabia's Al Yamamah Steel Industries reported a sharp increase in net profit for the nine months ended June 30, 2026, supported by higher...
Kocaer Celik receives USD 61.4 mln steel profile orders in July
Turkey's Kocaer Celik received steel profile orders worth USD 61.39 mln in July 2026, according to the company's stock exchange filing.
The orders were mainly...
Govt plans to boost local automotive steel supply
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing...
Global Steel News
Govt plans to boost local automotive steel supply
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing...
Iron ore futures hold gains despite weaker steel production
Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex,...
Steel exports decline in Jan-Jul as trade barriers weigh
China's steel exports declined 4.4pct YoY to around 65 mln tons during the first seven months of 2026, as growing trade barriers and weaker...
SAIL’s Rourkela Steel commissions micro pellet plant
Steel Authority of India Limited (SAIL) has commissioned its first micro pellet plant at Rourkela Steel Plant (RSP), supporting greater recycling of steelmaking waste...
Local HRC producers cut prices for September deliveries
Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition...