Middle East Steel News
Kardemir narrows net loss in 2025
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97...
Koc Group acquires stake in Sweden’s Stegra green steel project
Turkey's Koc Group has joined the shareholder base of Swedish green steel producer Stegra as part of a new capital increase aimed at financing...
Govt concludes CEPA negotiations with Japan to boost trade ties
The United Arab Emirates and Japan have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking Japan's first such deal with an...
Kardemir raises semis and long steel prices amid rising costs
Turkish steelmaker Kardemir has raised prices for semi-finished and long steel products in its latest sales round, testing market sentiment amid rising costs linked...
Ministry finds dumping in Chinese and South Korean flat steel imports
Turkey's Ministry of Trade has identified significant dumping margins on imports of certain flat steel products from China and South Korea following an anti-dumping...
Global Steel News
Iron ore futures rise as market weighs demand recovery prospects
Iron ore futures climbed on Thursday, supported by improving demand sentiment in the market.
Steel production in China is expected to rebound following the lifting...
Yongfeng Group awards contract for annealing furnaces
Yongfeng Group has awarded Fives a contract to design and supply annealing furnaces for new strip processing lines at its upcoming steel facility in...
Jindal Steel named preferred bidder for two iron ore blocks in Odisha
Jindal Steel Limited has been declared the preferred bidder for the Rengalaberha North-East Extension and Nuagan West iron ore blocks in Keonjhar district, Odisha,...
Tenaris to build new office at Midland service center
Tenaris will build a new office building at its Midland Service Center in Texas, marking a USD 12 mln investment in the company's largest...
Apex Steel digitizes warehouse operations
Apex Steel, one of Australia's largest privately owned steel processors and distributors, has digitized its warehouse and shop floor operations using mobile computing, barcode...
