Middle East Steel News
Kardemir hikes wire rod prices
Turkish steel producer Kardemir has raised its domestic wire rod prices, according to the company's latest price list.
The company is offering 5.5 mm SAE...
Aisha Steel returns to profit in FY26 on higher sales
Pakistan's Aisha Steel Mills returned to profitability in FY26, reporting a net profit of PKR 981.1 mln (USD 3.6 mln), compared with a net...
Galva Hub to commission Emirates’ largest galvanizing kettle
UAE's Galva Hub Metal Coating has received 825 tons of zinc at its facility in Metal Park, within Khalifa Economic Zones Abu Dhabi (KEZAD),...
Middle East logistics disruptions reshape China-GCC steel trade in H1 2026
Chinese steel exports to GCC countries declined by 18pct YoY to 4.54 mln tons during the first half of 2026 from 5.54 mln tons...
Izmir Demir Celik narrows net loss in H1
Turkey's Izmir Demir Celik reported a consolidated net loss of TRY 529.4 mln (USD 11.1 mln) in January-June 2026, narrowing from TRY 949.3 mln...
Global Steel News
Iron ore futures retreat as weak steel demand weighs on market
Iron ore futures fell on Thursday as weak steel demand outweighed support from firmer coke and coking coal prices.
Crude steel production among China Iron...
Jindal Steel partners with IIT Hyderabad for advanced steel research centre
Jindal Steel has signed an MoU with the Indian Institute of Technology Hyderabad (IIT Hyderabad) to establish a Centre of Excellence focused on high-strength,...
Hyundai Steel targets growing data centre construction segment
South Korea's Hyundai Steel has signed an MoU with construction project management company HanmiGlobal to expand the use of steel structures in advanced industrial...
Corinth Pipeworks wins Rovuma LNG pipeline contract
Greece's Corinth Pipeworks has secured the line pipe supply package for the Rovuma LNG Phase 1 project in Mozambique, with the contract valued at...
Thyssenkrupp Steel completes slab caster modernization in Duisburg
Thyssenkrupp Steel has completed the modernization of continuous slab caster No. 4 at its Duisburg site, with Primetals Technologies issuing the final acceptance certificate...