Wednesday, September 16, 2026
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ICDAS raises long steel prices on higher scrap costs
Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs. ICDAS...HRC prices rise on stronger market outlook
Turkish HRC prices increased this week, as an upward trend in scrap prices and limited supply pushed local HRC producers to raise prices. Domestic HRC...Mughal Steel profit rises in FY26
Mughal Iron & Steel Industries Limited (Mughal Steel) reported a net profit of PKR 2.49 bln (USD 9 mln) for the financial year ended...Lamprell joins L&T consortium for major offshore EPCI project
Lamprell has been awarded a contract as part of a consortium with Larsen & Toubro (L&T) for a major offshore engineering, procurement, construction and...
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Tokyo Steel raises flat steel prices for October sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has raised its flat steel prices by JPY 3,000 (USD 19) per ton for October...U. S. Steel receives permit for USD 475 mln quench and tempering facility
U. S. Steel has received the final required air permit to proceed with construction of a new quench and tempering (Q&T) facility at its...Flux Steel Works plans electrical steel production in Ohio
Flux Steel Works has unveiled plans to renovate and re-equip a former ATI steel plant in Ohio to produce grain-oriented electrical steel (GOES), the...Salzgitter partners with Zelestra on hybrid renewable power supply
Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, and Zelestra have signed Germany's largest hybrid solar-plus-energy-storage power purchase agreement (PPA), supporting the supply of...
- Prices
Asian HRC prices hold firm despite cautious demand
Asian HRC prices have remained generally firm since the beginning of September, supported by higher raw material costs, firmer domestic steel prices and expectations...Tokyo Steel raises flat steel prices for October sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has raised its flat steel prices by JPY 3,000 (USD 19) per ton for October...ICDAS raises long steel prices on higher scrap costs
Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs. ICDAS...HRC prices rise on stronger market outlook
Turkish HRC prices increased this week, as an upward trend in scrap prices and limited supply pushed local HRC producers to raise prices. Domestic HRC...
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