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Tuesday, April 28, 2026

Middle East Steel News

Borusan Pipe secures USD 100 mln pipe orders in US

Turkey-based Borusan Pipe said its US subsidiary Borusan Berg Pipe has secured around USD 100 mln in sales orders in the United States, according...

Suez Steel achieves certification for rail manufacturing

Egypt-based Suez Steel has obtained certification from TUV Rheinland for the production and marketing of railway rails, marking a first for the country's steel...

Mughal Steel advances captive power project with turbine start-up

Pakistan's Mughal Iron & Steel Industries Limited, through its subsidiary Mughal Energy Limited, has initiated turbine rolling at its hybrid power plant, marking the...

Govt suspends slab, flat steel exports; long steel unaffected

Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion...

Crude steel output up 5.3pct YoY, led by higher slab production – TCUD

Turkey's crude steel production increased by 5.3pct YoY to 9.74 mln tons in the first quarter of 2026, according to data from the Turkish...

Global Steel News

Iron ore under pressure from increased supply, high inventories

Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources...

Steel trade balance turns positive in FY26

India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline...

Lodhia Industries orders reheating furnace for bar and wire rod mill

Tanzania-based Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a 50 tph pusher-type reheating furnace for its...

Tubos Reunidos flags insolvency risk amid tariffs, financing challenges

Spain-based Tubos Reunidos S.A. warned that its operations may face insolvency risk unless it secures financing and restructuring measures, according to a filing with...

ArcelorMittal, Stockland partner on low-carbon steel use in construction

ArcelorMittal, one of the world's largest integrated steel and mining companies, through its Steligence unit and ArcelorMittal International, together with partner JSteel, has signed...
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