Middle East Steel News
Scrap import offers edge up but finished steel sales remain weak
Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed...
Jindal Steel Oman signs round billet supply deal with AMTPJ
Jindal Steel Oman has signed a two-year, USD 1 bln partnership with ArcelorMittal Tubular Products Al-Jubail (AMTPJ), a leading Saudi Arabian seamless pipe producer....
Govt signs agreement with Russia to revive PSM
Pakistan and Russia have signed a protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their longstanding industrial cooperation, the Pakistani...
Beco Steel makes first copper ingots export to Hong Kong
Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing...
Rebar exports rise in Jan-May 2025
Turkey exported around 1.72 mln tons of rebar during the first five months of 2025, up 26pct YoY, according to the Turkish Statistical Institute...
Global Steel News
Iron ore futures rise further on strong near-term support
Iron ore futures extended their rally on Friday, driven by solid near-term fundamentals and optimism over potential regulatory action from Beijing aimed at curbing...
Tata Steel’s output rises slightly in Q1 FY26
Tata Steel reported a slight YoY increase of 0.28pct in its consolidated steel production for the first quarter of FY26, reaching 7.29 mln tons,...
Voestalpine and VERBUND expand green hydrogen project at Linz site
Austrian steelmaker Voestalpine and energy company VERBUND are expanding their long-running green hydrogen project, H2FUTURE, at the Voestalpine site in Linz. The facility, which...
Rodacciai upgrades rolling mill at Sirone plant
Rodacciai has completed a key upgrade of its rolling mill at the Sirone plant, in collaboration with Italian automation specialist AIC (Automazioni Industriali Capitanio)....
Iron ore futures extend gains on hopes of policy support and crackdown on price war
Iron ore futures climbed for a third consecutive session on Thursday, supported by growing expectations of fresh stimulus and regulatory action from Beijing aimed...
New (Renewed) Steel Companies on MEsteel
