Wednesday, July 9, 2025
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    AGSI secures green financing to advance low-carbon steel goals

    UAE-based Arabian Gulf Steel Industries (AGSI) has secured an AED 126 mln (USD 34.3 mln) sustainable financing facility from Mashreq Bank, bolstering its transition...

    Iron ore futures hold ground amid mixed steel sector signals

    Iron ore futures edged slightly higher on Tuesday, supported by firm short-term fundamentals, though gains were limited by a weakening demand outlook. Chinese steel...

    Ministry moves to standardize rebar testing amid growing demand

    Myanmar's Ministry of Industry plans to establish a certified laboratory for conformity testing of both imported and locally produced rebar, as part of broader...

    Iron ore futures dip on demand concerns

    Iron ore futures declined on Monday as weakening demand fundamentals weighed on market sentiment. Data from the China Iron and Steel Association (CISA) showed that...

    Scrap prices under pressure amid weak steel demand

    Turkey's scrap import prices came under pressure this week, as sluggish finished steel sales kept mills cautious. Current import offers are assessed in the...

    Ezz Steel keeps rebar prices unchanged for July

    Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for July, extending its streak of price stability to nine...

    Iron ore futures extend gains as Beijing targets deflation and industrial overcapacity

    Iron ore futures rose further on Friday, supported by firm near-term fundamentals and renewed policy backing from Beijing. Higher production by blast furnace-based steelmakers, driven...

    Celsa upgrades automation system at medium section mill in Castellbisbal

    Celsa Barcelona's medium section mill in Castellbisbal, Spain, has successfully completed a major automation upgrade by SMS group, executed without halting production. The project...

    Kardemir issues new prices for steel section

    Turkey's leading steelmaker, Kardemir, has announced updated pricing for its steel sections. According to the latest price list, IPE-NPU sections (sizes 180-550 mm) are now...

    Siddik Kardesler Haddecilik files for bankruptcy protection

    Turkish steel producer Siddik Kardesler Haddecilik has filed for bankruptcy protection with the Istanbul Anatolian 2nd Commercial Court, which has granted the company a...
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