Sunday, October 26, 2025
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    Erdemir’s profit drops sharply in first nine months of 2025

    Erdemir Group, one of Turkey's leading steel producers, reported a steep decline in profitability for the first nine months of 2025, according to its...

    Vale Oman pellet output rises in Q3

    Vale's iron ore pellet production in Oman rose 8.4pct YoY in Q3 2025 to 2.52 mln tons and increased 45pct compared with the previous...

    Pakistan unveils USD 13bln plan to revive PSM

    Pakistan's Ministry of Maritime Affairs has announced a USD 13 bln savings plan aimed at reviving the long-dormant Pakistan Steel Mills (PSM) through the...

    Welded pipe exports decline in Jan-Aug 2025

    Turkey exported 1.3 mln tons of welded steel pipes in the first eight months of 2025, down 1.5pct YoY, according to data from the...

    Construction boom fuels steady growth in domestic steel demand – report

    Saudi Arabia's ongoing construction boom continues to drive strong demand for steel, positioning the sector as a key beneficiary of Vision 2030's infrastructure and...

    Iron ore futures dip as weak economic data weighs on demand outlook

    Iron ore futures fell on Monday, pressured by disappointing Chinese economic indicators that reinforced bearish demand expectations. China's property sector, once the country's largest steel...

    CRC imports up in 8M 2025 but momentum weakens in Aug

    Turkey imported 713,700 tons of CRC in the first eight months of 2025, marking a 42pct YoY increase, according to data from the Turkish...

    Steel demand forecast lifted to 24 mln tons by 2035 – NIDC

    Domestic steel demand is now projected to reach 24 mln tons by 2035, up from an earlier estimate of 17 mln tons, driven by...

    JSW Steel reports sharp profit rise in Q2 FY26 on lower costs

    JSW Steel Limited, one of India's largest steelmakers, reported a sharp rise in consolidated net profit to INR 1,646 crore (USD 186.9 mln) for...

    Billet imports climb in Jan-Aug 2025

    Turkey imported 2.9 mln tons of billets in the first eight months of 2025, a 58pct YoY increase, according to data from the Turkish...

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