Middle East Steel News
Scrap trade slows amid weak finished steel demand
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand continued to limit buying interest from mills. HMS 1&2 (80:20)...
Ezz Steel raises rebar prices amid duties, cost pressures
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints.
The company raised its rebar offer to...
Erdemir signs steel supply deal for Ankara pipeline project
Turkish steel producer Erdemir, a subsidiary of Oyak Mining and Metallurgy, has signed a contract with YDA Group, a Turkish conglomerate active in construction,...
Suez Steel enhances efficiency at direct reduction plant
Suez Steel has reported improved energy efficiency at its direct reduction plant (DRP) based on ENERGIRON Zero-Reformer (ZR) technology, achieving high metallization rates with...
Hadeed lifts long steel prices for third time in April
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its third hike since...
Global Steel News
Iron ore trends higher on demand support despite headwinds
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains.
Continued strength...
Beijing to tighten steel output controls, address supply-demand imbalance – CISA
China will step up efforts to address "involution-style" competition in its steel sector by tightening crude steel output controls and advancing capacity governance reforms,...
JSW Steel, Posco to form JV for integrated steel plant in Odisha
India's JSW Steel has approved entering into a share subscription and joint venture agreement with Posco Co., Ltd and Posco-India Private Limited to establish...
CSC raises flat steel prices for May on rising costs
Taiwanese steelmaker China Steel Corporation (CSC) has increased flat steel prices for May deliveries, citing rising raw material costs and improving market conditions.
Hot rolled...
U.S. Steel plans restart of tin mill to boost domestic supply
U.S. Steel plans to restart the Gary Tin Mill at its Gary Works facility, aiming to increase domestic tin mill production and strengthen supply...
