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Thursday, July 16, 2026
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Meranti Green Steel selects technology partners for Duqm DRI project
Meranti Green Steel (MGS) has appointed SMS group and Midrex Technologies as technology partners for the front-end engineering phase of its planned 2.5 mln...Al Yamamah Steel moves ahead with billet project
Saudi Arabia's Al Yamamah Steel Industries said its subsidiary, Al Yamamah for Reinforcing Steel Bars, has signed a SAR 270 mln (USD 72 mln)...Scrap imports surge in June
Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to...Finished steel imports jump in June
Pakistan imported 389,370 tons of finished steel products in June 2026, more than doubling from 187,456 tons in the corresponding month last year, according...
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Iron ore steadies as resilient steel output offsets bearish outlook
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over...Steel exporters gain duty-free quota of 1.1 mln tons in UK market
Indian steel exporters will be able to ship more than 1.1 mln tons of steel annually to the UK duty-free under the India-UK Comprehensive...Govt nationalizes British Steel to safeguard domestic steel production
Govt nationalizes British Steel to safeguard domestic steel production The UK government has taken British Steel into public ownership after the Steel Industry (Nationalization) Act...Tenaris commissions solar plants at Italian steel facilities
Tenaris has commissioned two new photovoltaic plants at its Sabbio Bergamasco and Arcore facilities in Italy as part of its strategy to reduce CO2...
- Prices
Iron ore steadies as resilient steel output offsets bearish outlook
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over...Iron ore extends gains despite persistent demand concerns
Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the...Iron ore gains on near-term supply concerns
Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill...CSC cuts flat steel prices for August deliveries
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products by TWD 800 (USD 25) per ton for August 2026...
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