Monday, July 14, 2025
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    Wire rod exports drop 4pct in Jan-May 2025 YoY

    Turkey exported approximately 413,400 tons of wire rod in the first five months of 2025, down 4pct YoY, according to data from the Turkish...

    Aramco to use Posco’s HIC-resistant steel for Fadhili gas plant project

    Saudi Aramco will for the first time use hydrogen-induced cracking (HIC)-resistant steel from South Korea's Posco at its Fadhili gas plant, as part of...

    Alfapipe begins operations at new pipe facility in Oran

    Algerian steelmaker Alfapipe, a subsidiary of the National Steel Holding Company, has commenced operations at its new steel pipe manufacturing facility in Battioua, Oran...

    Iron ore futures inch up on strong trade data; demand outlook remains cautious

    Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains. China's exports rose 5.8pct YoY in...

    Steel exports rise in H1 2025, momentum may slow in H2

    China's steel exports rose 9.2pct YoY in the first half of 2025, reaching 58.1 mln tons, according to the General Administration of Customs. In June...

    MMK launches production of ZAM coated steel

    Russia's Magnitogorsk Iron and Steel Works (PJSC MMK) has begun producing corrosion-resistant steel with a zinc-aluminum-magnesium (ZAM) alloy coating, offering enhanced durability, cost-efficiency, and...

    Scrap import offers edge up but finished steel sales remain weak

    Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed...

    Jindal Steel Oman signs round billet supply deal with AMTPJ

    Jindal Steel Oman has signed a two-year, USD 1 bln partnership with ArcelorMittal Tubular Products Al-Jubail (AMTPJ), a leading Saudi Arabian seamless pipe producer....

    Beco Steel makes first copper ingots export to Hong Kong

    Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing...

    Iron ore futures rise further on strong near-term support

    Iron ore futures extended their rally on Friday, driven by solid near-term fundamentals and optimism over potential regulatory action from Beijing aimed at curbing...
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