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Wednesday, July 15, 2026

Middle East Steel News

HRC exports fall 15pct in Jan-May 2026 YoY

Turkey exported 1.1 mln tons of HRC during the first five months of 2026, down more than 15pct year-on-year, according to data from the...

Steel producers warn of price war amid rising imports

Leading Turkish steel producers have warned that aggressive price competition, rising imports and tightening export restrictions are putting increasing pressure on the country's steel...

Jindal Steel Duqm receives DRI reactor vessel for green steel project

Jindal Steel Duqm LLC has received the 870-ton direct reduced iron (DRI) reactor vessel for its green steel project at the Duqm Special Economic...

Turkish Ukinox to build USD 14 mln stainless steel sink plant in SCZone

Turkish stainless steel producer Ukinox has signed a USD 14 mln agreement to establish a stainless steel kitchen sink manufacturing plant in Egypt's Sokhna...

CIM Steel begins commercial CRFH coil deliveries

UAE's CIM Steel Industry LLC has completed the first commercial dispatch of cold rolled full hard (CRFH) coils from its new manufacturing facility in...

Global Steel News

Iron ore extends gains despite persistent demand concerns

Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the...

Henan Jiyuan to commission four-strand jumbo round caster

China's Henan Jiyuan Iron & Steel has awarded Danieli a contract to supply a new four-strand bow-type continuous casting machine (CCM) for its steelworks...

Outokumpu orders twin ladle furnace for Alabama plant

Outokumpu Stainless USA has placed an order with Primetals Technologies for a 180-ton twin ladle furnace to be installed at its stainless steel facility...

Govt launches country’s first hot-rolled steel plant in Bekabad

Uzbekistan has commissioned its first hot rolled steel sheet production complex following the inauguration of a new casting and rolling facility at the Uzbek...

Iron ore gains on near-term supply concerns

Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill...