Elmarakby Steel to expand product portfolio with new investment
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports.
The investment...
Iron ore futures extend gains on optimism over near-term demand
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand.
Prices were underpinned by the likelihood of...
Hoa Phat selects Danieli for new long products rolling mill in Tay Ninh
Vietnamese steelmaker Hoa Phat Group has selected Danieli to supply a new long-products rolling mill and a four-strand continuous casting machine to be installed...
Iron ore futures open 2026 higher on short-term support, but weak fundamentals cap gains
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile.
Prices were...
MEsteel Year-End Review – Scrap import prices marked by volatility and cautious buying
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and...
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