Middle East Steel News
Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...
Kocaer Celik strengthens US presence with new subsidiary
Turkish steel producer Kocaer Celik has established KCR Steel U.S. LLC in Texas as part of its strategy to strengthen its presence and expand...
Scrap imports increase in Jan-Jul 2026
Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical...
Govt begins overhaul of Gadani shipbreaking yard
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at...
Chinese billet exports to GCC soar in July as logistics crisis persists
Chinese exports of semi-finished steel (primarily billets, HS 7207) to GCC countries surged in July 2026, as regional steelmakers increasingly relied on imported feedstock...
Global Steel News
Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside.
A weekly decline in...
Hoa Phat raises domestic HRC prices for October
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand...
Formosa Ha Tinh temporarily shuts down blast furnace after fire incident
Formosa Ha Tinh Steel has temporarily shut down blast furnace No. 1 for inspection and repairs following a fire caused by a technical malfunction...
JFE Steel commissions country’s first large stamp-charging coke oven
Japan's JFE Steel has completed construction and started operations at a new coke oven battery at its West Japan Works (Fukuyama district), following performance...
Salzgitter expands heavy plate processing capabilities at Mulheim
Germany's Salzgitter Mannesmann Grobblech has commissioned a new hot straightening machine at its Mulheim an der Ruhr plant, expanding its heavy plate processing capabilities...