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...
ArcelorMittal moves forward with Hunedoara plant asset sale
ArcelorMittal Hunedoara has signed an agreement to sell its assets to UMB Steel, part of Romania's UMB civil engineering group, for EUR 12.5 mln...
Iron ore futures slip in final morning trade of 2025 as weak fundamentals persist
Iron ore futures edged lower on Wednesday in the final morning session of 2025, with market sentiment weighed down by weak fundamentals. Rising global...
Kardemir raises billet allocation, cuts long products for Q1 2026
Turkish steel producer, Kardemir has announced its sales allocation plan for the first quarter of 2026, increasing billet volumes while reducing allocations for rebar,...
Watani Steel renews credit facility with Bank Albilad
Watani Iron Steel Co. (Watani Steel) has renewed Sharia-compliant credit facilities worth SAR 70.5 mln (USD 18.8 mln) with Bank Albilad, according to a...
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