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Monday, July 6, 2026

Middle East Steel News

Scrap imports remain broadly stable in Jan-May

Turkey imported 8.1 mln tons of ferrous scrap during the first five months of 2026, almost unchanged from the same period last year, according...

Zamil Steel Egypt completes Hayat Kimya factory project in Mersin

Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the steel works for Hayat Kimya's new manufacturing facility...

CIM Steel secures NBQ backing to boost industrial operations

UAE's CIM Steel Industry LLC has entered into a strategic partnership with the National Bank of Umm Al Quwain (NBQ) to support its manufacturing...

Scrap prices decline further as steel demand remains subdued

Turkish imported scrap prices extended their decline this week as weak finished steel demand, softer export prospects and cautious mill buying continued to pressure...

Erciyas Celik Boru secures USD 15 mln pipe order for domestic water project

Erciyas Celik Boru has secured orders worth approximately USD 15 mln to supply steel pipes for the Sakarya-Kocaeli Provinces Drinking Water Transmission Line Phase...

Global Steel News

Iron ore gains on relatively high steel production, outlook remains weak

Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high...

Ministry approves provisional AD duties on stainless CR steel imports from China and Taiwan

Japan has approved provisional anti-dumping duties on imports of nickel-based stainless steel cold-rolled strips and cold-rolled steel sheets originating from China and Taiwan after...

Tata Steel UK awards civil works contract for Port Talbot pickling line project

Tata Steel UK has appointed Welsh contractor Morganstone to deliver the civil and structural works package for the new pickling line at its Port...

BHP, Rio Tinto test battery-electric haul trucks at Pilbara iron ore mine

Mining companies BHP and Rio Tinto, together with Caterpillar, have commenced field trials of two Cat 793 XE Early Learner battery-electric haul trucks at...

Iron ore retreats as market refocuses on weak fundamentals

Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session...