Middle East Steel News
Kardemir lowers domestic rebar prices
Turkish steelmaker Kardemir has lowered domestic rebar prices in its latest sales round amid subdued market conditions.
The producer is offering 12-32 mm rebar at...
Kardemir lifts domestic steel section offers
Turkey's leading steel producer Kardemir has increased domestic prices for steel sections, according to its latest price list.
The producer raised prices for IPE-NPU sections...
Mobarakeh Steel targets March 2027 restart for damaged power unit
Mobarakeh Steel expects the first gas unit of its 914 MW Shahid Kazemi combined-cycle power plant to return to operation by the end of...
SECP introduces measures to speed up incorporation of steel firms
Pakistan's Securities and Exchange Commission (SECP) has introduced special facilitation measures to accelerate the conversion of steel sector Associations of Persons (AOPs) into registered...
Scrap imports remain broadly stable in Jan-May
Turkey imported 8.1 mln tons of ferrous scrap during the first five months of 2026, almost unchanged from the same period last year, according...
Global Steel News
Iron ore slips on weak demand outlook
Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain.
Market sources...
Baosteel orders two seamless tube rolling lines
Baosteel Steel Pipe (Ma'anshan) Science and Technology Co., Ltd. has awarded SMS group a contract to supply two PQF (Premium Quality Finishing) seamless tube...
Steelmakers urge action over high costs, rising imports
Kenya's steel industry is operating at only 36pct of its installed production capacity of 4.2 mln tons as manufacturers continue to struggle with high...
Canada Nickel partners with RWE to commercialize low-carbon steel products
Canada Nickel Company has signed a memorandum of understanding (MoU) with RWE Supply & Trading GmbH (RWEST) to support the commercialization of low-carbon intermediate...
Iron ore gains on relatively high steel production, outlook remains weak
Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high...