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Sunday, August 23, 2026

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Aisha Steel returns to profit in FY26 on higher sales

Pakistan's Aisha Steel Mills returned to profitability in FY26, reporting a net profit of PKR 981.1 mln (USD 3.6 mln), compared with a net...

Local rebar mills cut output as weak demand squeezes margins – report

Egyptian steel mills are sharply reducing production as weak sales weigh on the domestic market, with some plants temporarily suspending operations, according to local...

Steel firms eye Uzbekistan market as trade cooperation deepens

Indian steelmakers could gain access to a new export market in Uzbekistan after the Indian Steel Association (ISA) signed a bilateral MoU with the...

US finalizes duties on Egyptian rebar imports

The US Department of Commerce (DOC) has issued final affirmative determinations in its antidumping (AD) and countervailing duty (CVD) investigations covering imports of steel...

IDA launches billet production licences tender to expand domestic steelmaking capacity

Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8...

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