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Thursday, July 23, 2026

Middle East Steel News

Kardemir raises domestic rebar prices

Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578)...

Vale’s Q2 Sohar pellet output slumps after conflict-related disruption

Vale's iron ore pellet production at its Oman operations fell sharply in the second quarter of 2026 as the temporary suspension of its Sohar...

Suez Steel starts commercial production of rail profiles, heavy sections

Egypt's Suez Steel has started commercial production of high-specification rail profiles and heavy structural sections at its Rail and Heavy Section Mill, expanding its...

Ozyasar Tel receives US trial orders to expand export business

Turkey's Ozyasar Tel ve Galvanizleme Sanayi A.S. has received trial orders from two global companies through its wholly owned US subsidiary, Ozyasar Wire North...

Emirates Steel holds August rebar prices steady

UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar...

Global Steel News

Iron ore slips on rising supply expectations, weaker demand outlook

Iron ore futures weakened on Wednesday as expectations of rising global supply continued to pressure the market, while increased blast furnace maintenance at Chinese...

Chengde Jianlong completes commissioning of new bar rolling block

China's Chengde Jianlong has completed the commissioning of a Kocks RSB 500++/4 reducing and sizing block, following the issuance of the Final Acceptance Certificate...

Vallourec wins line pipe supply contract for Petrobras offshore project

Vallourec has secured a contract from offshore engineering company Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu...

Wuppermann, Stegra sign long-term tolling agreement for near-zero emission steel

Germany-based steel processor Wuppermann Group and Swedish green steel producer Stegra have signed a long-term tolling agreement under which Wuppermann will galvanize Stegra's near-zero...

Iron ore extends losses on weak demand outlook

Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of...