Middle East Steel News
Borusan Pipe reports stronger H1 results, raises 2026 guidance
Turkish pipe producer Borusan Pipe reported stronger financial results in the first half of 2026, supported by higher project deliveries, improved operational efficiency and...
Rebar exports show strong growth in H1 2026
Turkey's rebar exports increased nearly 13pct YoY to 2.26 mln tons in the first half of 2026, according to Turkish Statistical Institute (TUIK) data,...
IDA launches billet production licences tender to expand domestic steelmaking capacity
Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8...
Erdemir H1 profit surges on higher output and sales
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales...
Maadaniyah narrows loss in H1 2026
Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) reported lower revenue but reduced net losses in the first half of 2026, supported by...
Global Steel News
Iron ore futures gain as coking coal provides support
Iron ore futures rebounded on Tuesday, supported mainly by a sharp rally in coking coal and coke prices, while near-term supply concerns provided additional...
JSW Steel’s crude steel production rises 3pct YoY in July
JSW Steel's consolidated crude steel production increased 3pct YoY to 2.402 mln tons in July 2026 from 2.327 mln tons a year earlier, according...
KG Steel to modernize pickling line at Dangjin plant
South Korea's KG Steel has contracted Primetals Technologies to modernize its pickling line tandem cold mill (PLTCM) at the company's Dangjin plant.
The 18-month project...
Hyundai Steel, DNV partner on steel certification for energy applications
South Korea's Hyundai Steel has signed an agreement with global classification and certification body DNV to develop technologies and an international certification system for...
MMK restarts blast furnace after major overhaul
Russia's Magnitogorsk Iron and Steel Works (MMK) has recommissioned Blast Furnace No. 7 following a major overhaul costing RUB 4.8 bln (USD 58.3 mln).
The...