Kardemir returns to profit in H1 2026
Turkey's Kardemir posted a consolidated net profit of TRY 5.98 bln (USD 124.7 mln) in January-June 2026, compared with a net loss of TRY...
Qatar Steel profit rises in H1 on higher prices and lower costs
Qatar Steel, the steel subsidiary of Industries Qatar, reported a 39pct YoY increase in net profit to QAR 367 mln (USD 100.8 mln) in...
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...
ISMQ’s profit falls in H1 2026
Egypt's Iron and Steel for Mines and Quarries (ISMQ) reported a 42.9pct YoY decline in net profit after tax to EGP 398.3 mln (USD...
Iron ore futures recover despite weak steel demand
Iron ore futures rebounded on Tuesday, supported by supply concerns and renewed expectations of further stimulus from Beijing, although weak downstream steel demand remained...
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