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Monday, June 22, 2026

Middle East Steel News

Emirates Steel raises domestic rebar prices for July production

UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED...

Semis drive steel import growth in Jan-Apr 2026

Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed...

Kardemir secures railway wheel supply order from Czech Republic

Turkish steel producer Kardemir has signed a USD 2.25 mln railway wheel supply contract with a customer operating in the Czech Republic, according to...

EBS wins steel works contract for industrial building in Dubai South

UAE's Emirates Building Systems (EBS) has been awarded the design, fabrication and erection contract for the steel structure works of a new light industrial...

Scrap import prices retreat as steel demand remains sluggish

Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the...

Global Steel News

Iron ore futures remain under pressure on weak market fundamentals

Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking...

CSC cuts prices for select flat steel products for July

Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract...

Steelmakers urge government to withdraw proposed tax increases

Bangladesh's steel industry has called on the government to withdraw proposed increases in VAT and import duties included in the 2026-27 national budget, warning...

Beltrame to upgrade rolling mill safety and automation systems

Italian steel producer AFV Beltrame has launched a major modernization project at its rolling mill facilities, appointing AIC Group to upgrade safety, automation and...

Interpipe supplies railway wheels for New York’s PATH transit system

Ukraine-based Interpipe has highlighted its long-term supply of railway wheels for the PATH (Port Authority Trans-Hudson) rapid transit system in the United States, reinforcing...