Middle East Steel News
HRC imports decline in Jan-May 2026
Turkey's HRC imports declined 9.5pct YoY to 1.43 mln tons during the first five months of 2026, according to data from the Turkish Statistical...
Noksel to expand pipe production in Spain
Turkish pipe producer Noksel Celik Boru Sanayi plans to invest EUR 60 mln (USD 68.5 mln) to expand its pipe production capacity in Spain...
Tosyali secures financing for first phase of 1.4 GW solar program
Tosyali has secured EUR 187 mln (USD 213 mln) in financing from BBVA, backed by Spain's export credit agency Cesce, to develop the first...
Scrap import prices remain under pressure on weak steel demand
Turkish imported scrap prices remained under pressure this week as weak finished steel demand, sluggish export sales and cautious mill buying continued to weigh...
Govt backs automotive equipment localization through Chinese investment
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, held talks with Chinese intelligent manufacturing company Jiangsu Changhong regarding plans to establish an...
Global Steel News
Iron ore declines as weak steel demand weighs on outlook
Iron ore futures fell on Friday as the demand outlook remained weak, with seasonal slowdown in steel consumption continuing to pressure Chinese steel mills'...
NMDC cuts domestic iron ore prices
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices effective July 10, lowering lump ore prices by INR 250 (USD...
JSW Steel signs agreement to relaunch Piombino steelworks
JSW Steel Italy has signed a program agreement with the Italian government, local authorities and trade unions to advance the revitalization of the Piombino...
Marcegaglia upgrades pickling line at Gazoldo degli Ippoliti stainless steel plant
Marcegaglia has awarded Fives a contract to modernize the annealing and pickling line (APL) at its Gazoldo degli Ippoliti stainless steel plant in Italy,...
Greensteel Australia to build steel mill in Newcastle
Greensteel Australia will invest AUD 500 mln to build Australia's first new steel mill in more than 30 years at the former BHP Newcastle...