Middle East Steel News
Kardemir cuts billet prices
Turkish steelmaker Kardemir has lowered domestic billet prices in its latest sales round.
The producer offered S235JR-grade billet at USD 515 per ton EXW, while...
EU opens sunset review of Turkish hot rolled steel AD measures
The European Commission (EC) has initiated an expiry (sunset) review of the anti-dumping duties on imports of certain hot rolled flat products of iron,...
Kibar seeks dissolution of Posco Assan TST partnership – report
A legal dispute has emerged between Kibar Holding and South Korea's POSCO over their joint venture Posco Assan TST, Turkey's only stainless steel cold...
Metal Park expands industrial packaging and logistics services
Metal Park, the industrial metals hub located in KEZAD, Abu Dhabi, has partnered with Innovation Line to expand the range of logistics and industrial...
Shyam Steel commissions alloy plant in Sharjah
Shyam Middle East FZC, a subsidiary of India's Shyam Steel Group, has inaugurated its first overseas manufacturing facility in the Hamriyah Free Zone in...
Global Steel News
Iron ore gains on Port Hedland disruption concerns, bearish outlook persists
Iron ore futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal,...
Finished steel demand rises in Q1 FY2026
India's finished steel consumption increased 7.2pct YoY to 41.6 mln tons during the April-June (Q1 FY2026) period, supported by continued demand from the infrastructure,...
Formosa cuts domestic HRC prices following Hoa Phat
Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move...
PT Krakatau Steel, SAIL to explore stainless steel slab venture
PT Krakatau Steel has signed a memorandum of understanding (MoU) with India's Steel Authority of India Ltd. (SAIL) to explore the establishment of a...
Tata Steel IJmuiden to face trial over alleged pollution violations
Dutch public prosecutors have decided to bring criminal charges against Tata Steel IJmuiden over alleged environmental violations following a years-long investigation into pollution from...