Hadeed raises long steel prices again for May production
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) increased domestic prices for its long steel products for May production, marking its second price revision...
EMSTEEL reports stronger Q1 profit despite lower steel sales
EMSTEEL reported improved profitability for the first quarter of 2026, supported by stronger operating performance in its steel business despite lower sales volumes.
The group's...
Iron ore gains amid cautious optimism over trade talks
Iron ore futures increased on Wednesday, supported by cautious optimism over U.S.-China trade talks, although demand concerns persisted.
Markets looked ahead to the high-level meeting...
Jindal Steel acquires Sohar-based MISCO – sources
Jindal Steel Oman acquired Moon Iron & Steel Company (MISCO) in Sohar, according to sources familiar with the matter.
MISCO suspended steel production activities in...
Metal Care Center commissions rebar mill in Umm Al Quwain
Metal Care Center Factory LLC commissioned a new scrap-based induction furnace rebar mill with annual production capacity of 300,000 tons at the UAQ Industrial...
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