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Tuesday, June 2, 2026

Steel Mills

EMSTEEL launches high-strength ES600 rebar grade

UAE-based EMSTEEL has launched ES600, a high-strength steel rebar grade that the company says is the highest-strength rebar currently produced in the country. The product...

ISMQ reports 47pct decline in nine-month profit

Egypt's Iron & Steel for Mines & Quarries (ISMQ) reported a net profit after tax of EGP 229.3 mln (USD 4.42 mln) for the...

PSMA seeks tax, power tariff reforms in FY27 budget

Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the...

Iron ore gains as coking coal extends rally

Iron ore futures post gains on Tuesday, supported by a continued rally in coking coal prices, although the broader outlook for the steelmaking raw...

Ministries launch AD investigations into HR and CR steel imports

Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have initiated anti-dumping investigations into imports of hot-rolled and cold-rolled steel...

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