Middle East Steel News
Hadeed holds October long steel prices as demand remains slow
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October.
The company's rebar in 12-32 mm sizes is offered...
Kardemir increases billet allocations for Q4 2026
Turkish steel producer Kardemir has announced its planned sales volumes for Q4 2026, increasing billet allocations while reducing volumes for rebar, wire rod and...
EMSTEEL expands AI and digitalization across steel operations
EMSTEEL Group is expanding the use of artificial intelligence (AI), automation and data analytics across its industrial operations in the UAE to improve productivity,...
Brunton Wire installs solar power system at Jebel Ali facility
Brunton Wire Ropes has switched its Jebel Ali Free Zone factory in Dubai to solar power through a capital expenditure-free agreement with regional renewable...
Ministry signs MoU with Metso to support mineral processing
Egypt's Ministry of Industry has signed a memorandum of understanding (MoU) with Finnish mining technology company Metso to provide technical and operational support for...
Global Steel News
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...
Kobe Steel joins initiative to reduce maritime emissions
Japan's Kobe Steel has joined the Blue Visby Consortium, becoming the first steel manufacturer to participate in the initiative aimed at reducing greenhouse gas...
Metallus secures major steel supply deal with US defense agency
US specialty steel producer Metallus has secured a five-year contract with the US Defense Logistics Agency (DLA) to supply steel for critical defense applications,...
Hydnum Steel secures investment commitment for green steel plant
Spanish green steel project developer Hydnum Steel has secured a EUR 150 mln (USD 170 mln) investment commitment from Spain's state-owned investment fund manager...
Iron ore futures extend losses as weak demand persists
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support.
Market participants said...