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Saturday, October 3, 2026
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Middle East Steel News

Scrap import prices firm on higher costs despite weak buying sentiment

Turkey's scrap import prices edged higher this week, supported by higher costs, although buying activity remained limited as slowing finished steel demand made mills...

Rerollers call for review of billet import duties

Egyptian rerolling mills are calling for a review of duties on billet imports, with industry representatives arguing that the measures have contributed to higher...

Arabian Pipes signs over USD 27 mln steel pipe contracts with Saudi Aramco

Saudi Arabia's Arabian Pipes Company has signed contracts with Saudi Aramco for the manufacturing and supply of steel pipes worth around SAR 103 mln...

OYAK expands high-performance steel production for defense

Turkish industrial group OYAK is producing military-grade HY-100 steel domestically for Turkey's MILDEN national submarine project, according to OYAK General Manager Murat Yalcintas. Yalcintas said...

Steel exports rise in August, consumption weakens – TCUD

Turkey's steel exports increased in the first eight months of 2026, while domestic finished steel consumption declined for the second consecutive month in August,...

Global Steel News

Asian HRC prices consolidate as mills maintain firm offers

Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains...

Hoa Phat raises domestic HRC prices for November

Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400...

Zhongshou Arvedi ESP line breaks thin-slab productivity records

Zhongshou Special Steel's newly commissioned Arvedi ESP endless casting and rolling line in China has surpassed productivity and production ramp-up records for thin-slab casting...

NMDC iron ore output rises in H1 FY27

India's state-owned NMDC increased iron ore production by 23pct YoY to 27.27 mln tons in April-September of fiscal 2026-27, compared with 22.20 mln tons...

ITAC imposes anti-dumping duties on Chinese corrosion-resistant steel

South Africa has imposed definitive anti-dumping duties on corrosion-resistant steel coil from China, with duties ranging from 8.21pct to 57.84pct, following an investigation by...