Friday, October 2, 2026
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Steel exports rise in August, consumption weakens – TCUD
Turkey's steel exports increased in the first eight months of 2026, while domestic finished steel consumption declined for the second consecutive month in August,...Kardemir plans solar power investments across its operations
Turkish steelmaker Kardemir plans to invest around TRY 3.96 bln (USD 80.7 mln) in solar power plants with a combined installed capacity of 92.5...NTC finds dumping in Chinese color-coated steel imports, skips provisional duties
Pakistan's National Tariff Commission (NTC) has preliminarily determined that color-coated steel imports from China were dumped in the Pakistani market, but has decided against...Green Metal Industries casts first billet at Abu Dhabi steel complex
UAE-based Green Metal Industries (GMI) has cast its first billet at its facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a production milestone...
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Govt plans 600 mln tons of steelmaking capacity by 2047 – report
India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans...Nippon Steel orders new EAF for Hirohata plant
Japan's Nippon Steel has awarded Tenova a contract to supply a 110-ton Consteel electric arc furnace (EAF) for its Hirohata Works in Himeji, Hyogo...Tenaris starts production of high-strength steel pipe at Ontario plant
Tenaris has started domestic production of its proprietary TN 95EY steel grade at its Sault Ste. Marie Industrial Centre in Ontario, Canada, targeting the...Stegra appoints new CEO, seeks additional funding for Boden green steel plant
Swedish green steel developer Stegra has appointed Hakan Buskhe as CEO from November 1, 2026, as the company seeks additional funding to complete its...
- Prices
Hadeed holds October long steel prices as demand remains slow
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October. The company's rebar in 12-32 mm sizes is offered...Iron ore futures gain on improved economic data
China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious...Iron ore futures extend losses as weak demand persists
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support. Market participants said...HRC prices remain firm amid limited supply
Turkish HRC prices have remained firm over the past two weeks, with domestic and export markets supported by limited supply and a generally positive...
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