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Tuesday, September 8, 2026

Middle East Steel News

Steel imports decline 8pct in Jan-Jul 2026 YoY

Lebanon's steel imports declined by around 8pct YoY to 432,800 tons in Jan-Jul 2026, from 470,600 tons in the corresponding period of 2025, according...

Erciyas Celik Boru secures USD 9 mln steel pipe order

Turkish steel pipe producer Erciyas Celik Boru has secured an order to manufacture and supply 516 steel pile pipes for the Kaplankaya Yacht Marina...

Rebar exports increase in Jan-Jul 2026

Turkey's rebar exports increased 12.3 pct YoY to 2.65 mln tons in the first seven months of 2026, according to Turkish Statistical Institute (TUIK)...

Scrap import prices rise on tighter supply and high freight costs

Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...

Kocaer Celik strengthens US presence with new subsidiary

Turkish steel producer Kocaer Celik has established KCR Steel U.S. LLC in Texas as part of its strategy to strengthen its presence and expand...

Global Steel News

Iron ore futures rise on improved sentiment

China's iron ore futures rose on Monday, supported by expectations of increased steel mill restocking ahead of China's October National Day holiday, although concerns...

SAIL’s crude steel production and sales rise in August

India's state-owned Steel Authority of India Ltd (SAIL) recorded higher production and sales in August 2026, with crude steel output reaching a record for...

Jindal Stainless, JFE Steel join hands to improve ferritic stainless steel quality

Indian stainless steel producer Jindal Stainless has signed a technical assistance agreement with Japan's JFE Steel Corporation to strengthen its manufacturing capabilities for selected...

Steel producers face higher costs amid weak demand – report

Bangladesh's steelmakers are facing higher production costs amid weak construction demand, with mills offering discounts to maintain sales, according to local media reports. The price...

Hyundai Steel, POSCO break ground on USD 5.8 bln Louisiana steel mill

Hyundai Steel, POSCO, Hyundai Motor Company and Kia Corporation have held a groundbreaking ceremony for a USD 5.8 bln electric arc furnace (EAF)-based integrated...