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Monday, May 25, 2026

Middle East Steel News

Flat steel producers raise cold rolled and galvanized steel prices again

Pakistani flat steel producers International Steels Limited (ISL) and Aisha Steel have increased domestic prices for cold rolled and galvanized steel products by PKR...

Middle East crude steel production remains under pressure in April

Crude steel production in the Middle East declined by 27.6pct YoY to 3.7 mln tons in April 2026 amid continued disruptions linked to regional...

CIM-Rhino-Metal Care begin production at integrated steel facilities in Umm Al Quwain

CIM Steel Industry LLC, Rhino Steel Industry LLC, and Metal Care Center Factory LLC have launched an integrated steel manufacturing and processing project in...

MAN Industries completes acquisition of National Pipe Company

India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi...

Scrap import prices remain under pressure amid weak steel demand

Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS...

Global Steel News

Coking coal futures rally after deadly Shanxi mine accident

Chinese coking coal and coke futures rose sharply on Monday following a deadly mining accident in Shanxi province over the weekend, raising concerns over...

Finished steel imports exceed exports in April

India became a net importer of finished steel in April 2026, according to provisional government data, Reuters reported. The country imported around 0.7 mln tons...

Ramsarup Industries orders SBQ combination mill

Ramsarup Industries Ltd., a wholly owned subsidiary of Shyam Metallics & Energy Ltd., has selected Danieli to supply a new Special Bar Quality (SBQ)...

Tenaris to boost pipe production with new investment at Ontario unit

Tenaris has announced investment of more than CAD 300 mln (USD 217 mln) at its Sault Ste. Marie Industrial Centre in Ontario, Canada, supported...

Cleveland-Cliffs to deploy AI solutions across steel operations

U.S.-based steel producer Cleveland-Cliffs has entered a three-year strategic partnership with Palantir Technologies to deploy artificial intelligence (AI)-driven solutions across its operations and commercial...
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