Middle East Steel News
Kardemir lowers domestic rebar prices in latest sales round
Turkish steel producer Kardemir has reduced domestic rebar prices in its latest sales round.
The company is offering 12-32 mm rebar at TRY 26,675 (USD...
Kardemir reduces semis, increases finished steel allocations for Q3
Turkish steel producer Kardemir has announced its planned sales volumes for Q3 2026, increasing the share of finished steel products while reducing semi-finished steel...
Suez Steel achieves CARES 2 Rosette sustainability rating
Egypt's Suez Steel has successfully completed the CARES Sustainable Constructional Steel (SCS) surveillance audit and achieved a 2 Rosette Rating under the CARES Rosette...
Kardemir lowers wire rod offers
Turkish steel producer Kardemir has lowered domestic wire rod prices amid continued pressure on long steel markets.
According to the company's latest price list, 5.5...
Kardemir signs rail products distribution agreement with Amsted Rail
Turkish steelmaker Kardemir has signed a master supply and resale agreement with U.S.-based Amsted Rail, establishing a strategic partnership for the global marketing and...
Global Steel News
Iron ore retreats on demand concerns
Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment.
The seasonal slowdown in Chinese steel consumption...
DGTR launches AD probe into CRGO imports from China, Japan, South Korea and Russia
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of Cold Rolled Grain Oriented Electrical Steel (CRGO) and Amorphous...
U.S. Steel approves USD 475 mln investment in Fairfield tubular mill
U.S. Steel's Board of Directors has approved a USD 475 mln investment to install a new state-of-the-art quench and temper (Q&T) line at its...
Steel imports rise in May, but remain below year-ago levels
The United States imported approximately 1.92 mln metric tons (2.117 mln net tons) of steel in May 2026, including 1.41 mln metric tons (1.554...
MMK completes major oxygen converter modernization
Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has completed a major modernization project at its oxygen converter shop with the installation of combined...