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Thursday, February 26, 2026
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Buhur, Jindal SAW to build HSAW pipe plant in Sudair Industrial City
Saudi Arabia's Buhur Investment Company has partnered with Indian pipe producer Jindal SAW to establish a carbon steel pipe manufacturing facility in Sudair Industrial...Meranti Green Steel opens Muscat office to advance low-carbon HBI strategy
Meranti Green Steel (MGS) has inaugurated a new office in Muscat, marking a strategic step in its Middle East expansion and reinforcing its focus...Cemtas net loss widens in 2025
Turkish steel producer Cemtas Celik reported a net loss of TRY 115.96 mln (USD 2.64 mln) for the full year 2025, widening from a...Mobarakeh launches production of S650MC high-strength hot-rolled steel
Mobarakeh Steel Group, Iran's largest steel producer, has achieved a milestone with the first domestic production of S650MC high-strength hot-rolled steel sheet, marking a...
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Iron ore futures rise on demand hopes but concerns remain
Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in...Vraj Iron and Steel to set up new rebar mill at Bilaspur unit
India's Vraj Iron and Steel Limited has approved plans to establish a new rolling mill at its Bilaspur unit for the production of TMT...Saarstahl’s DWK secures long-term prestressing wire supply agreement with Max Bogl
DWK Drahtwerk Koln GmbH, a subsidiary of Saarstahl AG, has expanded its long-standing cooperation with Max Bogl Wind AG, strengthening the supply of prestressing...Orrcon Steel upgrades Unanderra facility with fully automated tube line
Orrcon Steel, part of BlueScope Steel, is enhancing production performance at its Unanderra facility through a fully automated OTO tube mill supplied by Fives....
- Prices
Iron ore futures rise on demand hopes but concerns remain
Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in...Emirates Steel raises rebar prices for March production
Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production. The company increased rebar prices by AED 73 (USD 20)...Iron ore futures resume lower after holiday break
Dalian iron ore futures resumed trading on a weaker note after the holiday break, extending the bearish trend seen before the Chinese New Year...Scrap import prices under pressure on sluggish buying activity
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers...
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