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Monday, February 16, 2026
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Habas seeks environmental clearance for cold rolling mill project in Izmir
Turkish steel producer Habas has initiated the environmental impact assessment (EIA) process for its planned cold rolling mill in the Aliaga district of İzmir,...JESCO receives Aramco award for quality performance improvement
Saudi Arabia's Jubail Energy Services Company (JESCO), a wholly owned subsidiary of ArcelorMittal Tubular Products Al-Jubail, has received the Best Improvement Quality Performance Award...Chinese interest emerges as govt targets steel import reduction
China's Shandong Xinxu Group has expressed interest in a proposed steel-linked maritime industrial project at Port Qasim, as Pakistan seeks to strengthen domestic steel...Govt advances Gara Djebilet project with solar power investment
Algeria is developing a 200-MW solar power plant in Tindouf province to support the Gara Djebilet iron ore project as part of its strategy...
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Hi-Tech Pipes starts production at new Sikandrabad facility
India's Hi-Tech Pipes Limited has commenced commercial production at its Sikandrabad Unit-III greenfield plant in Uttar Pradesh. The newly commissioned facility adds around 120,000 tons...Celsa’s Nervacero to modernize reheating furnace at Vizcaya plant
Nervacero, part of Celsa Group, has selected Fives to upgrade the energy efficiency of its reheating furnace at the Vizcaya plant in Spain, aiming...Acciaieria Arvedi secures renewable-backed power supply
Acciaieria Arvedi has entered into a partnership with Metlen to secure electricity supply under Italy's Energy Release 2.0 mechanism, promoted by Gestore Servizi Energetici...Iron ore futures fall as pre-holiday slowdown drags on demand
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead...
- Prices
Scrap import prices unchanged amid weak steel demand
Turkey's scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import...Iron ore futures fall as pre-holiday slowdown drags on demand
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead...Iron ore futures drift lower as steel fundamentals remain weak
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted...Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...
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