Middle East Steel News
Kardemir opens new billet sales round with unchanged prices
Turkish steelmaker Kardemir has opened a new billet sales round, maintaining prices at previous levels.
The company is offering S235JR-grade billet at USD 540 per...
AGSI maintains steel output as shipping disruptions tighten supply, lift costs
Escalating geopolitical tensions in the Middle East, following the U.S.-Israel conflict with Iran and its spillover across the GCC, are disrupting regional supply chains,...
Erciyas Celik secures contract for Aksaz naval base expansion
Turkey's Erciyas Celik Boru has secured a contract to supply steel pile pipes for the expansion of the Aksaz Naval Base Command, according to...
Hadeed raises long steel prices again for April deliveries
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its second hike within...
Kardemir updates section prices after extended pause
Turkey's leading steel producer Kardemir has announced new prices for steel sections following a prolonged period without revisions.
Prices for IPE-NPU sections (180-550 mm) were...
Global Steel News
Iron ore drops on bearish outlook, rising supply pressure
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure.
Higher shipments from major iron ore suppliers, along with high inventories...
SAIL Bokaro starts hydrogen injection at blast furnace
Steel Authority of India Ltd (SAIL) has initiated hydrogen injection at its Bokaro Steel Plant as part of efforts to reduce carbon emissions from...
Voestalpine wins major orders from aerospace sector
Voestalpine has secured aerospace sector orders worth around EUR 1 bln (USD 1.1 bln) over the next five years, marking the largest such order...
SSAB halts Lulea construction works after worker illness reports
SSAB has temporarily suspended construction work at its new steel mill site in Lulea after around 20 subcontractor employees reported illness-like symptoms, the company...
Global long steel market outlook remains uncertain amid geopolitical risks – Irepas
The global long steel products market remains under pressure, with no signs of improvement in supply-demand fundamentals, according to the International Rebar Producers and...
