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Wednesday, December 17, 2025
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Cemtas to upgrade SBQ mill to boost product quality
Turkish special steel producer Cemtas Celik Makina Sanayi ve Ticaret A.S. has ordered a Kocks Reducing & Sizing Block (RSB) 370++/4 in the 5.0...Steelco and Haddeko begin construction of cut-and-bend plant in Abu Dhabi
Steelco Technologies of the UAE, in partnership with Haddeko Iron Trade, has begun construction of a new cut-and-bend steel manufacturing facility in ICAD 1,...Rama Steel Tubes to acquire Automech Group to expand Middle East footprint
India's Rama Steel Tubes has approved the acquisition of UAE-based Automech Group Holding for AED 296 mln (USD 80 mln), as part of a...Ashry Steel launches seismic-resistant high-strength rebar grade
Egyptian steel producer Ashry Steel has expanded its product portfolio with the launch of a new high-strength rebar grade, the company said in a...
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Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the...SAIL posts strong sales growth in Nov 2025
India's state-owned Steel Authority of India Limited (SAIL) reported a 27pct YoY increase in sales in November 2025, supported by strong performance across retail...Orion Steel’s Rocky Mountain unit begins hot trials at rail mill in Colorado
Rocky Mountain Steel Mills, part of Orion Steel, has started hot commissioning at its new Danieli universal rail mill in Pueblo, Colorado, marking a...Thyssenkrupp upgrades automation systems at hot strip mill in Duisburg
Thyssenkrupp Steel Europe has completed a major modernization of the automation systems in the coiler area of hot strip mill No. 1 at its...
- Prices
Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the...Iron ore slumps as Beijing unveils steel export licensing plan
Iron ore futures fell sharply on Monday as market sentiment deteriorated following Beijing's move to introduce a steel export licensing system aimed at regulating...Scrap import prices steady on cautious market sentiment
Turkey's imported scrap prices held steady this week at USD 360-370 per ton CFR, with buying activity slowing as steel mills pause to assess...Iron ore futures fall on weak market fundamentals
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a...
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