Scrap import prices firm on tighter supply, cautious buying
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers...
EMSTEEL reports stronger H1 earnings on improved steel profitability
UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by...
Jindal Steel commissions automated rebar counting systems at Sohar plants
Jindal Steel Oman has commissioned online automatic rebar counting and separation systems at its Jindal Steel Sohar and Sohar Steel rolling mills as part...
Vallourec sees Middle East sales rise 18pct despite regional conflict
French seamless steel tube producer Vallourec reported an 18pct YoY increase in Middle East revenue during the first half of 2026, as resilient oil...
Iron ore futures remain under pressure as weak PMI weighs on sentiment
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising...
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