Monday, April 20, 2026
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Vale Sohar pellet output falls in Q1, operations halted amid Middle East tensions
Vale reported a 4.8pct YoY decline in iron ore pellet production at its Oman operations in the first quarter of 2026, reflecting maintenance activity...NTC extends AD tariffs on Chinese steel billets after sunset review
The National Tariff Commission (NTC) has decided to continue anti-dumping duties on imports of continuous casting steel billets from China into Pakistan, following the...SCZONE signs agreement with Sai Hydraulic for trailer manufacturing plant
The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a USD 2 mln agreement with Turkish-Egyptian alliance Sai Hydraulic to establish...
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Iron ore futures gain on firm demand and cost support
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills...Corinth Pipeworks to use ArcelorMittal XCarb steel in pipe production
Corinth Pipeworks and ArcelorMittal have expanded their collaboration with the use of XCarb recycled and renewably produced steel in pipe manufacturing, marking the first...SSAB unit Tibnor to complete acquisition of Ovako Metals following approval
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, is set to complete the acquisition of...BHP-backed consortium shortlists five CCUS hubs in Asia
A consortium comprising BHP, ArcelorMittal Nippon Steel India, JSW Steel and Hyundai Steel has identified five potential CCUS hubs across Asia-Pacific following an assessment...
- Prices
Iron ore futures gain on firm demand and cost support
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills...Scrap trade slows amid weak finished steel demand
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand continued to limit buying interest from mills. HMS 1&2 (80:20)...Ezz Steel raises rebar prices amid duties, cost pressures
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints. The company raised its rebar offer to...Iron ore trends higher on demand support despite headwinds
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength...
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