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Wednesday, February 25, 2026
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Buhur, Jindal SAW to build HSAW pipe plant in Sudair Industrial City

Saudi Arabia's Buhur Investment Company has partnered with Indian pipe producer Jindal SAW to establish a carbon steel pipe manufacturing facility in Sudair Industrial...

Meranti Green Steel opens Muscat office to advance low-carbon HBI strategy

Meranti Green Steel (MGS) has inaugurated a new office in Muscat, marking a strategic step in its Middle East expansion and reinforcing its focus...

Cemtas net loss widens in 2025

Turkish steel producer Cemtas Celik reported a net loss of TRY 115.96 mln (USD 2.64 mln) for the full year 2025, widening from a...

Mobarakeh launches production of S650MC high-strength hot-rolled steel

Mobarakeh Steel Group, Iran's largest steel producer, has achieved a milestone with the first domestic production of S650MC high-strength hot-rolled steel sheet, marking a...

Iron ore futures rise on demand hopes but concerns remain

Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in...

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