Middle East Steel News
Scrap import prices edge higher on new bookings
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import...
Middle East steel output falls sharply in March amid regional disruptions
Crude steel production in the Middle East declined by 33.5pct YoY to 3.5 mln tons in March, as escalating regional tensions weighed on output....
JPL starts pellet exports as plant ramps up production
Jindal Pelletizing LLC (JPL), a subsidiary of Jindal Steel Oman, has commenced pellet shipments to customers across the GCC, marking its entry into the...
IIL reports higher earnings in H1 FY26 on stronger revenue
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp increase in earnings for the first half of FY26 ended December 31, 2025.
The...
Hadeed raises long steel prices again on rising costs
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid...
Global Steel News
Iron ore futures steady as demand support offsets supply pressure
Iron ore futures inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains.
Chinese steel mills continued...
SAIL wins court stay on antitrust investigation
Steel Authority of India (SAIL) has secured a stay on an antitrust investigation from the Madras High Court after challenging the process followed by...
Steel imports decline in Q1 despite March increase
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that US steel imports totalled 1.769 mln net tons (1.604...
MISA to build flat-rolled steel processing plant in Arkansas
Marubeni-Itochu Steel America Inc. (MISA) plans to invest more than USD 37 mln to build a flat-rolled steel processing facility in Osceola, Arkansas.
The plant...
Iron ore futures ease on mixed fundamentals
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook.
Iron ore futures had risen in previous...
