Middle East Steel News
Scrap import prices surge amid Middle East-driven cost pressures
Turkey's scrap import prices increased sharply this week, reaching around USD 390-400 per ton CFR, up from USD 375 per ton before the Eid...
Crude steel output rises in Jan-Feb on higher slab production – TCUD
Turkey's crude steel production increased by 4.7pct YoY to 6.41 mln tons in the first two months of 2026, according to data from the...
Meranti advances Duqm green HBI project
Meranti Green Steel is advancing key development milestones for its planned 2.5 mln tons per year hot briquetted iron (HBI) plant in Duqm, Oman,...
Hadeed sets billet production record at Jubail plant
Saudi Iron and Steel Company (Hadeed) has achieved a new monthly billet production record at its Jubail plant, producing 103,227 tons in October 2025,...
Govt holds talks with Baowu on steel investment, cooperation
Egypt's Minister of Industry, Khaled Hashem, held discussions with a delegation from China Baowu Steel Group on expanding cooperation and potential investments in the...
Global Steel News
Iron ore under pressure as supply concerns fade, outlook cautious
Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment.
Earlier this week, iron ore futures...
SAIL awards contract for coke dry quenching units at IISCO plant
SMS group, together with consortium partner MCK Kutty Engineers Pvt. Ltd., has secured a contract from Steel Authority of India Limited (SAIL) to supply...
Tenaris acquires AllTorque oilfield division to strengthen OCTG services
Tenaris has acquired the oilfield division of Canada-based AllTorque, a manufacturer of tubular running technology, as part of efforts to enhance its OCTG service...
ArcelorMittal, Lio-Metal expand Magnelis coated steel partnership
ArcelorMittal has expanded its partnership with Romania-based Lio-Metal to promote the use of Magnelis coated steel, as the latter plans to phase out conventional...
Thyssenkrupp to cut electrical steel output amid import pressure
Thyssenkrupp Steel will further reduce production of grain-oriented electrical steel (GOES) in response to rising low-priced imports in the European market.
The company's subsidiary, Thyssenkrupp...
