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Thursday, June 4, 2026

Middle East Steel News

Steel exports fall in January-April, imports continue to rise – TCUD

Turkey's steel exports declined by 3.3pct YoY to 3.5 mln tons in the first four months of 2026, while export revenues fell 5.5pct to...

Kardemir starts production on upgraded SBQ rolling line

Turkish steel producer Kardemir has successfully commissioned the new KOCKS Reducing & Sizing Block (RSB) line at its Bar and Coil Rolling Mill, marking...

Kocaer Steel appoints new general manager

Turkey's Kocaer Steel has appointed Mehmet Sevket Erol as General Manager, effective June 1, 2026, according to a stock exchange filing. The appointment follows the...

EZDK, ABB complete crane modernization project at Dekheila Port

Al Ezz Dekheila Steel Company (EZDK) has completed a crane drives modernization project at Dekheila Port in cooperation with ABB Egypt, aimed at improving...

Hadeed keeps June long steel prices unchanged

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained domestic prices for its long steel products for June production. The company is offering rebar...

Global Steel News

Iron ore under pressure from weak demand outlook

Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on...

Shougang to modernize cold rolling mill automation at Beijing plant

Shougang Cold Rolling Co., Ltd. has awarded Primetals Technologies a contract to modernize the Level 1 and Level 2 automation systems at its pickling...

JVML awards electrical steel processing line contract

JSW Vijayanagar Metallics Limited (JVML) has awarded John Cockerill a contract to supply two annealing and coating lines (ACL) and one annealing and pickling...

SSAB to supply low-emission steel for Vattenfall solar project

SSAB will supply its SSAB Zero steel to Vattenfall for the construction of the Juliusburg/Krukow solar park in Schleswig-Holstein, Germany. The low-emission steel will be...

Global steel overcapacity set to hit near-record levels by 2028 – OECD

Global steel excess capacity is projected to reach 745 mln tons by 2028, up from an estimated 640 mln tons in 2025, as capacity...