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Tuesday, September 1, 2026

Steel Mills

Hadeed raises wire rod prices, keeps rebar unchanged for September

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by...

Steel exports and production rise, domestic consumption weakens in July – TCUD

Turkey's steel product exports remained firm in the first seven months of 2026, while domestic finished steel consumption declined in July, according to data...

Group Five Pipe’s H1 net profit rises on lower production costs

Saudi Arabia's Group Five Pipe Saudi Company reported a 14.3pct YoY increase in net profit to SAR 143.1 mln (USD 38 mln) in the...

Xinyu Steel boosts high-grade electrical steel capacity

Xinyu Iron and Steel, part of Baowu Group, has commissioned a new production facility with annual capacity of 250,000 tons of non-grain-oriented (NGO) electrical...

ArcelorMittal approves Tubarao flat steel expansion

ArcelorMittal Brasil has approved a BRL 4-5 bln (USD 0.7-0.9 bln) investment to install a cold rolling mill and continuous coating line at its...

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