Scrap import prices remain under pressure as finished steel demand weakens
Turkey's imported scrap market remained subdued this week as weak finished steel demand continued to weigh on buying activity. MESTEEL assessed HMS 1&2 (80:20)...
Jindal Ferrous commissions 2.2 mln ton steel complex in Odisha
Jindal Ferrous Limited (JFL) has commissioned its first integrated steelmaking complex in Jajpur, Odisha, following an investment of more than USD 527 mln.
The facility...
Billet imports rise in Jan-Aug 2026
Turkey's billet imports increased 15.5pct YoY to around 3.35 mln tons in January-August 2026, according to the Turkish Statistical Institute (TUIK).
Russia was the largest...
AGSI sets benchmark for lower-carbon rebar production
Arabian Gulf Steel Industries (AGSI), the UAE's largest private steelmaker and recycler, has reported a verified cradle-to-gate carbon footprint of 139 kg of carbon...
Kardemir raises billet prices in new sales round
Turkish steelmaker Kardemir has raised its billet prices by USD 30 per ton in its latest sales round, marking its first reported billet sales...