Thursday, October 30, 2025
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Arabian Pipes reports 37pct drop in Q3 profit on lower sales volumes

Saudi Arabia's Arabian Pipes Co. (APC) reported a 36.7pct YoY decline in net profit for the third quarter of 2025, citing weaker sales volumes,...

NYK Line and Port of Duqm partner to advance green steel and hydrogen hub development

Japanese shipping firm, Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company (PODC) have signed a memorandum of understanding (MoU) to...

Iron ore rallies on U.S.-China trade optimism despite weak demand outlook

Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two...

ISL’s net profit surges on strong sales in Q1 FY26

International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial results for the first quarter of FY26, ending September 30, 2025. The company's...

Scrap imports rise in September 2025

Pakistan imported 359,759 tons of steel scrap in September 2025, up 30pct YoY from 276,486 tons in the same month last year, according to...

Iron ore futures advance as easing trade tensions lift sentiment

Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity,...

Tenaris secures Petrobras contract for casing supply

Tenaris has won a contract from Petrobras to supply conductor and surface casing for the Pre-Salt and Equatorial Margin projects in offshore Brazil. The...

Fire disrupts Thyssenkrupp’s hot strip mill operations in Duisburg

Thyssenkrupp confirmed that a fire incident disrupted operations at its hot strip mill in the Bruckhausen area of its Duisburg steel site on October...

Kardemir issues new steel section prices

Turkey's leading steel producer Kardemir has announced revised prices for its steel sections, according to its latest price list released last week. Prices for IPE-NPU...

Pig iron imports surge in Jan-Aug 2025

Turkey imported 1.49 mln tons of pig iron between January and August 2025, marking a 65pct YoY increase, according to data from the Turkish...

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