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Thursday, June 11, 2026

Middle East Steel News

Saritas orders equipment for new stainless steel plant in Yalova

Turkey's Saritas Stainless Steel has awarded Andritz a major contract to supply key equipment for its new integrated stainless steel plant in Yalova, supporting...

El Marakby strengthens quicklime output with new kiln project

Egypt's El Marakby Steel has successfully commissioned a second Maerz PFR lime kiln at its Uni Lime subsidiary in Cairo, expanding its quicklime production...

Ferrometalco signs agreement to setup steel fabrication facility in Duqm

Ferrometalco has signed an investment agreement with the Duqm Special Economic Zone (SEZAD) to establish a steel fabrication and engineering facility in Oman, marking...

Kardemir cuts billet and rebar prices in latest sales round

Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round. The company offered S235JR-grade billet at USD 525...

MENA steelmakers improve global standing in 2025

Steelmakers from the MENA region including Turkey continued to strengthen their presence among the world's largest producers in 2025, with seven regional companies featuring...

Global Steel News

Iron ore falls amid supply pressure and weak demand outlook

Iron ore futures declined on Thursday as rising supply and weak steel demand continued to weigh on market sentiment. Market insiders said rising iron ore...

SeAH Steel wins SS pipe supply contract for UK carbon capture project

South Korea's SeAH Steel has secured a contract to supply approximately 1,750 tons of stainless steel pipes for a carbon capture project in Teesside,...

Thyssenkrupp exits AST with sale of remaining stake to Arvedi

Germany's Thyssenkrupp has sold its remaining 15pct stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Arvedi Group, completing the transaction...

SSAB orders gas atomization plant for additive powder production unit in Oxelosund

Swedish steelmaker SSAB has awarded SMS group a contract to supply a new gas atomization plant at its Oxelosund site, supporting the company's plans...

AzMC moves forward with country’s first large-scale HBI plant

Azerbaijan Metal Company (AzMC) has completed the bankable feasibility study (BFS) for its planned 2 mln tons per year hot briquetted iron (HBI) project...