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Saturday, September 12, 2026

Middle East Steel News

Scrap import prices rise as rebar demand improves

Turkey's scrap import prices increased this week as improving finished steel demand encouraged mills to increase buying interest, while limited scrap availability and higher...

GCC wire rod prices hold firm amid high costs and limited supply

Wire rod prices in the GCC remain firm amid high production costs, tight regional availability and elevated freight costs, despite relatively moderate trading activity. In...

MENA DRI production rises 8.3pct in 2025 YoY

Direct reduced iron (DRI) production in the Middle East and North Africa (MENA) increased 8.3pct YoY to around 67.7 mln tons in 2025, according...

Tosyali Algerie makes first cold-rolled steel export

Tosyali Algerie has made its first export shipment of cold-rolled steel from its new cold rolling complex in Bethioua, Oran, marking the start of...

Ministry receives applications for billet production licences

Egypt's Ministry of Industry has received 10 applications from local steel companies for eight billet production licences with a combined capacity of 2.8 mln...

Global Steel News

Iron ore futures fall as steel demand recovery remains uncertain

China's iron ore futures fell on Friday as uncertainty over a recovery in steel demand continued to weigh on market sentiment. Market insiders said Chinese...

Tata Steel commissions coke oven gas injection project at Meramandali

Tata Steel has commissioned a coke oven gas (COG) injection project at Blast Furnace No. 1 at its Meramandali steel plant in Odisha, describing...

Vallourec breaks ground on subsea insulation production line in Espirito Santo

Vallourec has broken ground on a new production line at its Serra facility in Espirito Santo, Brazil, dedicated to Proxxima resin systems with Goldilocks...

Govt extends anti-dumping duty on Chinese wire rod

The UK has extended its anti-dumping duty on wire rod originating from China for a further five years, with the measure now set to...

Iron ore futures fall as weak steel margins weigh on demand

China's iron ore futures fell on Thursday as weak steel mill margins continued to weigh on demand sentiment. Market insiders said Chinese steel mills remain...