Middle East Steel News
Scrap market sees selective buying as mills remain cautious
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins....
Wire rod exports remain stable in H1 2026
Turkey exported approximately 528,600 tons of wire rod in the first half of 2026, broadly unchanged from the same period last year, according to...
Ekinciler reports higher revenue in H1 despite weaker profit
Turkish long steel producer, Ekinciler Demir ve Celik Sanayi A.S. increased its revenue by 28.2pct YoY to TRY 11.8 bln (USD 246.8 mln) in...
Tosyali Algerie’s DRI II plant sets new productivity record
Tosyali Algerie's DRI II plant produced 248,601 tons in May 2026, setting the highest-ever monthly production recorded by a single Midrex DRI plant, according...
Riyadh Steel’s net profit up sharply in H1 on higher prices
Saudi Arabian steel producer Riyadh Steel Co. reported a 145.8pct YoY increase in net profit to SAR 6.03 mln (USD 1.61 mln) in the...
Global Steel News
Iron ore futures recover as steel production picks up
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream...
AMNS India launches new heavy plate products
ArcelorMittal Nippon Steel India (AMNS India) has launched STRUCTROMAX and WELDSTAR, two new heavy steel plate brands targeting infrastructure, construction, transportation, energy and heavy...
Hybar to expand rebar capacity at Arkansas site
US steel producer Hybar LLC has selected SMS group to supply a second CMT 550 continuous minimill for its steelmaking complex in Osceola, Arkansas....
Nucor to add steel grating capacity at Indiana facility
US steelmaker Nucor will invest USD 59 mln to expand production capabilities at its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capacity...
Outokumpu advances low-carbon ferrochrome production with biocoke plant
Finnish stainless steel producer Outokumpu will inaugurate a new biocoke agglomeration plant at its Tornio production site, enabling the replacement of fossil coke with...