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    Production Statistics

    NDRC signals steel production cuts to curb overcapacity

    China admin - 0
    China plans to restructure its massive steel industry by cutting output to address overcapacity, which has led to global trade tensions, according to news...
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    Steel exports and imports climb in Jan 2025 – TCUD

    Duties / Regulations admin - 0
    Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according...
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    Borusan Pipe reports net loss in 2024 amid market challenges

    ME Steel News admin - 0
    Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit...
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    NMDC’s iron ore production rises 17.8 pct in Feb 2025 YoY

    Global Steel News admin - 0
    India's state-owned iron ore miner NMDC reported a 17.8 pct YoY increase in production, reaching 4.62 mln tons in February 2025, up from 3.92...
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    Middle East steel production sees double-digit decline in early 2025

    ME Steel News admin - 0
    Crude steel output in the Middle East fell by 15.3pct YoY to 4.2 mln tons in January 2025, according to the World Steel Association....
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    Iron ore futures slip amid weakening Chinese steel export outlook

    China admin - 0
    Iron ore futures fell on Thursday as a deteriorating outlook for Chinese steel exports fueled demand concerns. Key markets for Chinese steel, including Vietnam and...
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    Al Jazeera Steel sees higher profit in 2024 supported by regional construction growth

    Long admin - 0
    Al Jazeera Steel Products Co. reported a 93pct surge in net profit for 2024, reaching OMR 7 mln (USD 18.3 mln), up from OMR...
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    Erdemir reports strong profit growth in 2024

    Flat admin - 0
    Turkey's leading steel producer, Erdemir Group, reported a net profit of TRY 14.19 bln (USD 391.6 mln) in 2024, more than tripling from TRY...
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    Iron ore futures extend losses amid weak steel demand

    China admin - 0
    Dalian iron ore futures continued to decline on Friday as weak steel demand and escalating trade tensions weighed on market sentiment. Steel consumption in China...
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    Finished steel imports reach record high in 10M FY25

    Duties / Regulations admin - 0
    India's finished steel imports reached a record high in the first 10 months of the financial year that began in April, according to provisional...
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