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Friday, July 3, 2026

Middle East Steel News

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...

Kardemir signs another railway wheel export order from Czech Republic

Turkish steelmaker Kardemir has signed a USD 2.93 mln contract to supply railway wheels to a customer operating in the Czech Republic, according to...

Ekinciler secures new rebar export order in Central America

Turkish steel producer Ekinciler Demir ve Celik Sanayi has received a USD 4.97 mln export order for construction steel (rebar) from the Central America...

Ministry launches sunset review of AD duties on Vietnamese SS welded pipes

Turkey has initiated a sunset review of the anti-dumping (AD) duties on imports of certain stainless steel welded pipes originating from Vietnam, following an...

Global Steel News

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...

NMDC iron ore output rises in June

India's largest iron ore producer, NMDC, reported a 44.3pct YoY increase in iron ore production to 5.15 mln tons in June 2026, according to...

Hoa Phat cuts domestic HRC prices on weak demand

Vietnamese steelmaker Hoa Phat has reduced domestic HRC prices for August deliveries amid weak market demand and seasonal pressure. The producer lowered prices by around...

Severstal completes upgrade of cold rolling slitting line

Severstal has successfully completed hot commissioning of the upgraded Slitting Line No. 10 (APR-10) at its Cherepovets Iron and Steel Works (CherMK), aiming to...

Iron ore ticks higher as market weighs supply curbs against weak demand

Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade...