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Friday, August 7, 2026

Middle East Steel News

Kocaer Celik posts higher H1 profit despite lower revenue

Turkey's Kocaer Celik reported a 19pct YoY increase in net profit in the first half of 2026, supported by an improved product mix and...

Kocaer Celik receives environmental approval for integrated steel project

Turkey's Ministry of Environment, Urbanization and Climate Change has approved the Environmental Impact Assessment (EIA) for Kocaer Celik's planned integrated steelmaking and rolling mill...

Zamil Steel delivers heavy pressure vessels for Fadhili gas project

SENAAT subsidiary Zamil Steel has completed the design and fabrication of specialized process equipment for Saudi Aramco's Fadhili Gas Increment Project - Package 4,...

GAFT imposes definitive AD duties on Indian ductile iron pipes

Saudi Arabia's General Authority for Foreign Trade (GAFT) has imposed definitive anti-dumping duties on ductile iron pipe imports from India, concluding an investigation launched...

Scrap imports rise in H1 2026

Turkey imported 9.7 mln tons of ferrous scrap in the first half of 2026, up 3.2pct YoY, according to data from the Turkish Statistical...

Global Steel News

Iron ore futures extend recovery on supply concerns

Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices...

Thyssenkrupp Rasselstein plans solar power project at tinplate plant

Thyssenkrupp Rasselstein is developing a large-scale solar power facility at its tinplate plant in Andernach, Germany, as part of efforts to increase the use...

GravitHy selects Danieli for green HBI project

French company GravitHy has contracted Danieli to supply a direct reduction plant for its planned green HBI production project at Fos-sur-Mer, France. The facility will...

Hydnum Steel secures investment for green steel project

Spain's Hydnum Steel has secured a EUR 150 mln (USD 173 mln) investment commitment from the Co-investment Fund (FOCO), managed by state-owned COFIDES, supporting...

Iron ore futures recover but demand concerns persist

Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand...