Middle East Steel News
MENA steel demand to contract in 2026, rebound in 2027 – World Steel Association
Steel demand in the MENA region is expected to decline in 2026, weighed by ongoing geopolitical tensions, before recovering strongly in 2027, the World...
Vale brings forward maintenance at Sohar pellet plants amid regional risks
Vale has advanced scheduled maintenance at its two iron ore pelletizing plants in Sohar, Oman.
The shutdowns, originally planned for later in the first half...
Ezz Steel considers Algeria for DRI, integrated steel project
Egypt's Ezz Steel has submitted a detailed proposal to establish a direct reduced iron (DRI) production project in Algeria, aiming to expand its regional...
Chinese firm plans USD 2 bln aluminium complex in SCZone
Egypt is reviewing a proposal by China's Henan Zhongfu Industrial to establish a USD 2 bln aluminium manufacturing complex in the Suez Canal Economic...
HRC prices jump on tight supply, logistics disruptions
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said.
Saudi Arabia's...
Global Steel News
Iron ore pressured by supply outlook
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside.
Market sentiment weakened after reports that...
Steel exports weaken in Q1 on policy shifts, external headwinds
China's finished steel exports declined 9.85pct YoY to 24.7 mln tons in the first quarter of 2026, according to data from the General Administration...
Tenaris to invest in automation upgrade at Arkansas pipe mill
Tenaris is advancing a digitalization and automation upgrade at its welded pipe manufacturing facility in Hickman, Arkansas, aimed at enhancing efficiency, traceability and process...
Stegra secures financing to complete Boden green steel plant
Stegra has secured in-principle commitments for EUR 1.4 bln (USD 1.65 bln) in new financing to complete construction of its green steel plant in...
EU to cut steel import quotas, raise tariffs to 50pct under new safeguard deal
The EU has reached a preliminary deal to significantly tighten steel import measures, aiming to curb the impact of global overcapacity by sharply reducing...
