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Thursday, September 17, 2026
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Steel Mills

Rebar prices hold steady as slow demand limits upside

Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...

Arabian Pipes signs steel pipe coating contract with Aramco

Arabian Pipes Company has signed a contract with Saudi Aramco for steel pipe coating works valued at around SAR 19 mln (USD 5 mln). The...

Ajeej Steel renews working capital facility with Bank Aljazira

Ajeej Steel Manufacturing Co. has renewed a SAR 50 million (USD 13.3 mln) Shariah-compliant banking facility with Bank Aljazira, its parent company National Building...

EUROFER meets Turkish steelmakers over CBAM impact

Senior representatives of the Turkish steel industry met EUROFER President Henrik Adam in Istanbul to discuss the EU Carbon Border Adjustment Mechanism (CBAM), carbon-related...

Steel consumption rises 3.9 pct YoY in August

India's finished steel consumption increased 3.9 pct YoY to 14.316 mln tons in August 2026, while steel production remained broadly stable on an annual...

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