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    Semi-finished

    Finished steel output increases in Mar-Nov 2024

    Iran produced 20.4 mln tons of semi-finished steel from March 20 to November 21, 2024, according to the Iranian Steel Producers Association. This included...

    Kardemir hikes billet prices

    Turkish steel producer Kardemir has raised its billet prices by USD 5 per ton, as per its latest price list. The updated price for S235JR...

    Colakoglu Metalurji to modernize electric arc furnace

    Colakoglu Metalurji A.S. has placed an order with ABB for an ArcSave electromagnetic stirrer (EMS) to be installed on one of the world's largest...

    Billet imports grew 5 pct in Jan-Oct 2024 YoY

    Turkey's imports of billets and blooms increased by over 5pct YoY in the first ten months of 2024, according to data from the Turkish...

    Watani Steel renews credit facility with Bank Albilad

    Watani Iron Steel Co. (Watani Steel) has renewed a Shariah-compliant bank facility agreement worth SAR 70.5 mln (USD 18.7 mln) with Bank Albilad, according...

    Steel exports drop 14pct in Mar-Oct 2024 YoY

    Iran exported USD 3.643 bln worth of steel products in the first seven months of the current Iranian calendar year (March 20-October 21), marking...

    Scaw Metals launches new hot-strip mill complex in Johannesburg

    South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield...

    Ajeej Steel renews credit facility with Al Rajhi Bank

    Ajeej Steel Manufacturing Co., a subsidiary of National Building and Marketing Co., has renewed a Shariah-compliant credit facility agreement with Al Rajhi Bank valued...

    Semi-finished steel imports decline in Jan-Sep 2024

    Turkey imported approximately 2.13 mln tons of semi-finished steel, billet, and bloom in the first nine months of 2024, marking a nearly 17pct decline...

    Steel sector sees decline in output as power cuts hit producers

    Lower electricity supplies to Iranian steel producers caused a significant drop in output during the first half of the calendar year, which began in...

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