Monday, March 30, 2026
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Middle East steel sector faces rising risks amid regional escalation
The Middle East steel industry is increasingly being drawn into the ongoing regional conflict, with escalating hostilities heightening uncertainty across energy, logistics and industrial...SSP wins pipe supply contract from Aramco
Saudi Steel Pipe Co. (SSP) has secured a contract for the supply of oil and gas steel pipes to Saudi Aramco, according to a...Molan Steel, Yara reach final settlement over Mayar deal
Saudi Arabia's Molan Steel has settled its long-running dispute with Yara International over Mayar International, bringing the multi-year case to a close, the company...Scrap import prices surge amid Middle East-driven cost pressures
Turkey's scrap import prices increased sharply this week, reaching around USD 390-400 per ton CFR, up from USD 375 per ton before the Eid...
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Iron ore inches higher on improved demand
Iron ore futures were largely steady on Monday, with improving demand providing support against downside pressure. Production at Chinese blast furnace mills continued to recover,...JSW Steel, JFE formalize JV for BPSL operations in Odisha
India's JSW Steel and Japan's JFE Steel Corporation have formalized their joint venture to operate the integrated steel facility of Bhushan Power & Steel...Tata Steel partners Hindustan Zinc to advance low-carbon steelmaking
Tata Steel has partnered with Hindustan Zinc to integrate low-carbon zinc solutions into its steel production, as part of efforts to reduce emissions across...EU launches safeguard probe into electrical steel imports
The European Commission has initiated a safeguard investigation into imports of grain-oriented electrical steel (GOES), citing mounting pressure on domestic producers from rising import...
- Prices
Iron ore inches higher on improved demand
Iron ore futures were largely steady on Monday, with improving demand providing support against downside pressure. Production at Chinese blast furnace mills continued to recover,...Scrap import prices surge amid Middle East-driven cost pressures
Turkey's scrap import prices increased sharply this week, reaching around USD 390-400 per ton CFR, up from USD 375 per ton before the Eid...Iron ore under pressure as supply concerns fade, outlook cautious
Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment. Earlier this week, iron ore futures...Iron ore edges higher on supply concerns, gains capped by Tangshan curbs
Iron ore futures rose slightly on Thursday, supported by concerns over supply disruptions in Australia following the closure of key ports in the Pilbara...
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