Billet imports climb in 2025
Turkey imported 4.3 mln tons of billets in 2025, up 16pct YoY, according to data from the Turkish Statistical Institute (TUIK).
Russia remained the largest...
Vale’s iron ore pellet output at Sohar plant declines in 2025
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons,...
Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...
Govt launches third round of PLI scheme to boost specialty steel capacity
India's Steel Minister HD Kumaraswamy has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, targeting the addition of 8.7...
EMSTEEL reports higher revenue and profit in 2025
EMSTEEL reported solid preliminary (unaudited) results for 2025, supported by favourable UAE market conditions and higher sales volumes across its core businesses.
Group revenue rose...
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