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Wednesday, February 18, 2026
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Azizi Industries to commission new rebar mill in Abu Dhabi
Azizi Developments said its industrial arm, Azizi Industries, has signed the main technology contract for a greenfield rebar rolling mill to be built at...EMSTEEL renews raw material freight agreement with Oldendorff
EMSTEEL has renewed its long-term freight agreement with Oldendorff Carriers, extending a partnership spanning more than 20 years. Under the renewed five-year contract, valued at...Al Jazeera Steel approves establishment of US subsidiaries
Al Jazeera Steel Products Company SAOG has approved the formation of two wholly owned subsidiaries in the United States of America, according to a...Beco Steel finalizes funding structure for solar power project
Beco Steel Limited has begun finalizing a funding arrangement with its UAE-based sister company, Beco Steel Ferrous and Non-Ferrous Metal Trading LLC, to support...
- Global Steel News
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AM/NS India expands value-added steel portfolio with new coated products
ArcelorMittal Nippon Steel India (AM/NS India) has expanded its value-added steel portfolio with the launch of AM/NS Vibrance and AM/NS Optima, two premium branded...Jairaj Group hits key operational milestone at Kurnool plant
Jairaj Group has recorded record operating performance at its Kurnool plant in India, where the Danieli-supplied MIDA QLP line has exceeded its nameplate design...ArcelorMittal to cold-shutdown blast furnace at Asturias plant
ArcelorMittal has announced a cold shutdown and controlled emptying of Blast Furnace B at its integrated steel site in Asturias, Spain, after stabilization efforts...Hi-Tech Pipes starts production at new Sikandrabad facility
India's Hi-Tech Pipes Limited has commenced commercial production at its Sikandrabad Unit-III greenfield plant in Uttar Pradesh. The newly commissioned facility adds around 120,000 tons...
- Prices
Scrap import prices unchanged amid weak steel demand
Turkey's scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import...Iron ore futures fall as pre-holiday slowdown drags on demand
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead...Iron ore futures drift lower as steel fundamentals remain weak
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted...Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...
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