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Tuesday, July 28, 2026

Middle East Steel News

Hadeed keeps domestic long steel prices unchanged for August

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained its domestic prices for long steel products for August production, as weak demand and...

US launches AD/CVD investigations into SS pipe imports from Turkey, UAE and India

The U.S. International Trade Commission (USITC) has launched preliminary antidumping (AD) investigations into imports of welded stainless steel line and pressure pipe from Turkey,...

Kardemir secures USD 27 mln railway wheel supply contract in Algeria

Turkish integrated steel producer Kardemir has signed its first purchase agreement with Algeria's National Railway Transport Company (SNTF) under a railway wheel supply program...

Jindal SAW completes pipe supply for OQ’s Fahud Loop Line project

India's Jindal SAW has completed the supply of 193 km of 42-inch API X65 NACE-grade LSAW line pipes, totaling 87,000 tons, for OQ's Fahud...

Scrap import prices rise on renewed buying interest

Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past...

Global Steel News

Iron ore futures drift lower as weak demand keeps market cautious

Iron ore futures drifted lower on Monday as sluggish downstream steel demand continued to weigh on sentiment, while investors awaited policy signals from China's...

Jindal Steel reports resilient Q1 earnings

India's Jindal Steel reported consolidated adjusted EBITDA of INR 2,667 crore (USD 277.8 mln) for the first quarter of fiscal year 2026/27, as improved...

SAIL posts stronger Q1 profit despite lower steel output and sales

India's Steel Authority of India Ltd. (SAIL) reported a sharp increase in first-quarter profit for the 2026/27 fiscal year despite lower steel production and...

Steelmakers seek stronger protection against low-cost imports

Thailand's steel producers have called on the government to strengthen measures against imports of steel produced using induction furnace (IF) technology, warning that persistent...

Iron ore futures ease as steel output curbs cloud demand outlook

Iron ore futures edged lower on Friday as fresh steel production curbs in Tangshan weighed on the demand outlook, while hopes for fresh policy...