Friday, October 2, 2026
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Middle East Steel News

Steel exports rise in August, consumption weakens – TCUD

Turkey's steel exports increased in the first eight months of 2026, while domestic finished steel consumption declined for the second consecutive month in August,...

Kardemir plans solar power investments across its operations

Turkish steelmaker Kardemir plans to invest around TRY 3.96 bln (USD 80.7 mln) in solar power plants with a combined installed capacity of 92.5...

NTC finds dumping in Chinese color-coated steel imports, skips provisional duties

Pakistan's National Tariff Commission (NTC) has preliminarily determined that color-coated steel imports from China were dumped in the Pakistani market, but has decided against...

Green Metal Industries casts first billet at Abu Dhabi steel complex

UAE-based Green Metal Industries (GMI) has cast its first billet at its facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a production milestone...

Molan Steel reaches final settlement agreement with Yara International

Saudi Arabia's Molan Steel Co. has signed an agreement with Yara International Limited to reduce its outstanding settlement payment by SAR 1.05 mln (USD...

Global Steel News

Govt plans 600 mln tons of steelmaking capacity by 2047 – report

India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans...

Nippon Steel orders new EAF for Hirohata plant

Japan's Nippon Steel has awarded Tenova a contract to supply a 110-ton Consteel electric arc furnace (EAF) for its Hirohata Works in Himeji, Hyogo...

Tenaris starts production of high-strength steel pipe at Ontario plant

Tenaris has started domestic production of its proprietary TN 95EY steel grade at its Sault Ste. Marie Industrial Centre in Ontario, Canada, targeting the...

Stegra appoints new CEO, seeks additional funding for Boden green steel plant

Swedish green steel developer Stegra has appointed Hakan Buskhe as CEO from November 1, 2026, as the company seeks additional funding to complete its...

Iron ore futures gain on improved economic data

China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious...