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Monday, June 29, 2026

Middle East Steel News

Ministry finds preliminary dumping in Chinese heavy sections probe

The UAE's anti-dumping investigation into imports of heavy steel sections from China has reached a preliminary stage, with the Ministry finding evidence of dumping,...

Erciyas halts Mersin operations as project delays hit pipe demand

Turkish steel pipe producer Erciyas Celik Boru Industry Inc. will temporarily suspend production at its Mersin plant by 30 June 2026 and consolidate manufacturing...

Kardemir secures second European railway wheel export order

Turkish steelmaker Kardemir has signed a USD 2.48 mln contract to supply railway wheels to a customer in Bulgaria, according to the company's stock...

Diler Steel sets monthly wire rod production record

Turkish steel producer Diler Iron & Steel has achieved its highest-ever monthly wire rod output, producing 48,000 tons in May 2026 from a single...

Scrap import prices decline further amid weak demand and cautious buying

Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on...

Global Steel News

Iron ore rises on steady steel output despite demand concerns

Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron...

DGTR launches AD probe into hot rolled steel imports from China, Japan and Russia

India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of hot rolled flat products of alloy or non-alloy steel...

Hybar to invest USD 1.1 bln in second rebar mill in Arkansas

Hybar LLC has secured USD 1.1 bln in financing to build a second environmentally sustainable scrap-based rebar mill adjacent to its existing facility in...

Tubacex secures over USD 91 mln in new umbilical tube orders

Spain's Tubacex has secured new orders worth more than EUR 80 mln (USD 91 mln) for the supply of umbilical tubes to one of...

Iron ore rises as near-term support offsets supply concerns

Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from...