Middle East Steel News
Kardemir achieves strong billet sales in latest round
Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs.
The...
Al Jazeera Steel improves profitability in H1 despite challenging market conditions
Oman's Al Jazeera Steel Products improved profitability during the first half of 2026 despite lower sales volumes and challenging regional market conditions, although consolidated...
Tosyali commissions first phase of major solar power project in Osmaniye
Tosyali has commenced electricity generation from the first 25 MW phase of its 120.56 MW solar power plant (GES) project in Osmaniye, marking another...
Zamil Steel supplies PEBs for Beko manufacturing facility
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has supplied more than 2,900 tons of pre-engineered steel buildings (PEBs)...
Tosyali Algerie launches cold-rolled steel production
Tosyali Algerie has produced its first cold-rolled steel coil following the successful commissioning of its Pickling and Tandem Cold Mill (PLTCM) line, marking the...
Global Steel News
Iron ore futures hit one-year low on mounting supply, weak steel demand
Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak...
Voestalpine opens special profiles production facility in Indiana
Austrian steelmaker Voestalpine has officially opened a new production facility in Jeffersonville, Indiana, following an investment of approximately EUR 70 mln (USD 80 mln)...
Salzgitter advances HKM decarbonization with new EAF
Salzgitter AG has awarded a contract to Italy's Tenova to supply, install and commission Germany's largest electric arc furnace (EAF) at its subsidiary Huttenwerke...
ArcelorMittal reports higher Q2 EBITDA, expects stronger European shipments
ArcelorMittal reported improved second-quarter earnings and said it expects stronger steel shipments in Europe during the second half of 2026, supported by the European...
Iron ore futures edge lower on weak fundamentals
Iron ore futures edged lower on Wednesday as high port inventories and sluggish seasonal steel demand continued to weigh on sentiment.
Market insiders said iron...