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Saturday, March 7, 2026
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Scrap import prices steady amid Middle East tensions

Turkey's scrap import market remained stable this week, as the ongoing Middle East conflict kept market sentiment cautious. Turkey's scrap import prices were assessed...

Meranti secures strategic investment for Duqm green HBI project

Meranti Green Steel has signed an agreement with a long-term strategic investor to support the development of its green iron project in Oman, bringing...

Watani Steel swings to net loss in 2025 amid lower sales

Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 14.86 mln (USD 3.96 mln) in 2025, compared with...

Iron ore futures rise on demand hopes

Iron ore futures climbed on Friday, supported by expectations of improved demand following positive economic signals from China. Market sentiment strengthened as China's annual Two...

Corinth Pipeworks acquires Hartlepool LSAW pipe facility

Corinth Pipeworks UK Ltd, a wholly owned subsidiary of Cenergy Holdings' Corinth Pipeworks S.A., has acquired the LSAW pipe facility in Hartlepool, UK, through...

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