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Wednesday, June 24, 2026

Middle East Steel News

Middle East crude steel output declines 19pct in May 2026 YoY

Crude steel production in the Middle East declined by 19.4pct YoY to 3.9 mln tons in May 2026, according to data from the World...

Steel scrap imports decline in May

Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month...

Finished steel imports fall in May

Pakistan imported 233,954 tons of finished steel products in May 2026, down 33.3pct compared with the same month last year, according to data from...

Keir signs strategic cooperation deal with Metsco Heavy Steel Industries

Saudi Arabia's infrastructure and engineering contractor Keir International Company has signed a strategic cooperation agreement with Metsco Heavy Steel Industries Company valued at SAR...

Emirates Steel raises domestic rebar prices for July production

UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED...

Global Steel News

Iron ore extends losses amid subdued market sentiment

Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market...

Shougang Jingtang achieves HR steel production milestone at Danieli QSP-DUE line

China's Shougang Jingtang United Iron & Steel (SGJT) has surpassed 10 mln tons of hot-rolled steel production at its Danieli QSP-DUE (Danieli Universal Endless)...

NMDC awards iron ore handling project to Rail Vikas Nigam

India's state-owned iron ore producer NMDC Limited has awarded a contract worth INR 29.77 bln (USD 314 mln), including GST, to railway infrastructure company...

SSAB Americas launches closed-loop steel recycling initiative

SSAB Americas has partnered with railcar manufacturer Greenbrier and metal recycler Alter Trading to launch a closed-loop steel recycling initiative in the United States...

ArcelorMittal partners with AWS to accelerate digital transformation and AI deployment

ArcelorMittal has announced a strategic partnership with Amazon Web Services (AWS) to accelerate the adoption of cloud computing, artificial intelligence and industrial automation across...