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Friday, October 16, 2026
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Middle East Steel News

Structural steel market navigates growing logistics constraints

The UAE structural steel market continues to face logistics disruptions, with congestion at UAE ports and uncertainty over vessel movements through the Strait of...

Billet imports rise in Jan-Aug 2026

Turkey's billet imports increased 15.5pct YoY to around 3.35 mln tons in January-August 2026, according to the Turkish Statistical Institute (TUIK). Russia was the largest...

Meranti Green Steel signs MoU with Muscat University

Meranti Green Steel has signed a memorandum of understanding (MoU) with Muscat University to strengthen cooperation between industry and academia in Oman, with a...

Alexandria Port Authority signs MoU with C&D to develop dry bulk terminal

Egypt's Alexandria Port Authority has signed a memorandum of understanding (MoU) with Chinese group Xiamen C&D to develop a specialized dry bulk terminal at...

HRC buying slows as shipping risks mount

Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...

Global Steel News

Iron ore futures fall as supply overhang persists

Iron ore futures fell on Thursday as high port inventories and weak steel production continued to weigh on the market, despite signs of improved...

Anhui Xuanli Steel orders new heavy plate mill from SMS group

Chinese steelmaker Anhui Xuanli Steel Group has awarded SMS group a contract to supply equipment for a new heavy plate mill in Tongling, Anhui...

JSW JFE advances grain-oriented electrical steel project in Nashik

JSW JFE Electrical Steel Pvt. Ltd. is advancing its grain-oriented electrical steel production project in Nashik, India, with technology supplied by Italian engineering company...

Hoa Phat steel sales rise 39pct in Jan-Sep 2026 YoY

Vietnamese steelmaker Hoa Phat Group sold 10.3 mln tons of steel products, including HRC, construction steel, wire rod and billets, during January-September 2026, up...

ArcelorMittal advances decarbonization projects in Dunkirk and Mardyck

ArcelorMittal is advancing two major industrial projects at its Dunkirk and Mardyck sites in northern France, investing a combined EUR 1.8 bln (USD 2...