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Wednesday, June 17, 2026

Middle East Steel News

AGIS partners with Metal Park to strengthen steel supply chain

UAE-based flat steel producer Al Ghurair Iron & Steel (AGIS) has partnered with Metal Park to enhance logistics, warehousing and fulfillment services across the...

HRC exports decline in Jan-April 2026

Turkey exported 819,300 tons of HRC during the first four months of 2026, down more than 18pct YoY, according to data from the Turkish...

Explosion at Hascelik steel plant injures three workers

Three workers were injured following an unexpected explosion inside an electric arc furnace at Hascelik's steel plant in Osmaneli, Bilecik, Turkey, on June 12. According...

Steel Con to build metal components plant in East Port Said

Egypt's Suez Canal Economic Zone (SCZONE) has signed an agreement with Steel Con to establish a metal components manufacturing facility in the East Port...

Ministry imposes AD tariffs on certain flat steel imports from China and South Korea

Turkey's Ministry of Trade has imposed definitive anti-dumping duties on certain cold-rolled, galvanized and painted flat steel imports from China and South Korea after...

Global Steel News

Iron ore extends decline amid oversupply concerns and weak steel consumption

Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said...

Fujian Kunbao orders electrical steel processing lines for Zhangzhou plant

Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented...

Hyundai Steel signs research partnership with LSU for Louisiana steel mill

Hyundai Steel has signed a Master Research Agreement (MRA) with Louisiana State University (LSU) to support technology development and workforce training for its planned...

Voestalpine secures record rail supply deal for Rail Baltica project

Austria's Voestalpine Railway Systems has secured framework contracts for the Rail Baltica project, marking the largest single order in the company's history. Under the agreements,...

Iron ore declines on weak property data, pressure on steel margins

Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property...