Middle East Steel News
Scrap import prices inch higher amid cautious market
Turkey's scrap import prices edged slightly higher this week as rising freight costs supported seller sentiment amid the ongoing Middle East conflict. Scrap import...
EMSTEEL reports higher steel output and sales in 2025
UAE-based steel and building materials producer EMSTEEL reported improved operational performance in 2025, supported by strong domestic demand and higher finished steel production.
The company's...
AGSI secures sustainability-linked financing from Ajman Bank
UAE-based Arabian Gulf Steel Industries (AGSI) has secured a Sustainable Finance Working Capital Facility from Ajman Bank, further strengthening its sustainable finance framework and...
ICD plans USD 900 mln funding for Mauritania iron ore development
The Islamic Corporation for the Development of the Private Sector (ICD), a Saudi-based member of the Islamic Development Bank Group, plans to arrange up...
GCC activates alternative logistics corridors amid shipping disruptions
Gulf countries including the UAE, Saudi Arabia and Oman are activating alternative logistics corridors and port capacity to maintain cargo flows as regional conflict...
Global Steel News
Iron ore extends gains on improving demand outlook
Iron ore futures extended gains on Friday as the near-term outlook improved on expectations of stronger steel demand and restrictions on certain BHP iron...
SAIL reports record sales in Apr-Feb period
India's state-owned steelmaker Steel Authority of India Limited (SAIL) recorded its highest-ever sales for the April 2025-February 2026 period, supported by strong domestic demand...
PT Bahagia Steel orders high-speed rebar line
PT Bahagia Steel, an Indonesian producer of round bar and rebar based in Surabaya, has placed its first order with SMS group for a...
Steel imports decline in January 2026
Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that total U.S. steel imports reached 2.17 mln net...
Uncertainty grows over potential Thyssenkrupp-Jindal steel deal – reports
Negotiations between Germany's Thyssenkrupp and India's Jindal Steel over a potential sale of Thyssenkrupp's steel unit are facing uncertainty amid disagreements on key issues,...
