Tuesday, April 15, 2025
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    Scrap import prices slide on weak steel demand

    Scrap import prices in Turkey declined this week, pressured by subdued buying activity from steel mills amid weak finished steel demand. Prices were assessed...

    PSMA proposes key reforms in federal budget to revitalize steel industry

    The Pakistan Steel Melters Association (PSMA) has submitted its proposals for the Federal Budget 2025-26, aiming to revitalize the domestic steel industry and promote...

    Kardemir maintains prices in latest billet and wire rod sales round

    Turkish steelmaker Kardemir has launched a new sales round for billet and wire rod, according to its latest price list. Billet prices remain unchanged from...

    Emirates Steel reports strong growth in finished steel segment for 2024

    Emirates Steel, a subsidiary of the EMSTEEL Group and one of the UAE's leading steel producers, reported strong growth in its finished steel segment...

    Jindal Shadeed upgrades casting capabilities to expand steel product range

    Jindal Shadeed Iron & Steel has commissioned Danieli to upgrade its casting machine capabilities at its Sohar facility in Oman. The modernization aims to...

    Kardemir lowers rebar allocation in Q2 2025 sales plan

    Turkish steel producer Kardemir has announced its sales allocation plan for Q2 2025, increasing allocations for billets, wire rod, and profiles while reducing rebar...

    Steel Exchange India expands production capacity at Visakhapatnam plant

    Steel Exchange India has increased production capacity at its billet mill and rolling bar mill at its Visakhapatnam plant in Andhra Pradesh. The billet mill...

    Steel production drops in first 11 months of FY25 as energy crisis persists

    Iran's steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to...

    Kardemir raises billet prices

    Turkish steelmaker Kardemir has raised billet prices by USD 15 per ton, according to its latest price list. The price for S235JR grade billets is...

    Billet imports surge sharply in Jan 2025

    Turkey's billet imports surged in January 2025, more than doubling YoY to approximately 390,900 tons, according to data from the Turkish Statistical Institute (TUIK). Malaysia...

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