Tuesday, May 12, 2026
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AGSI signs agreements to support low-carbon construction initiatives
UAE's Arabian Gulf Steel Industries (AGSI) signed strategic agreements with R.Evolution and 9E Global Engineering Consultants aimed at supporting low-carbon steel solutions and sustainable...KEZAD signs agreement for new steel rolling mill project
Khalifa Economic Zones Abu Dhabi (KEZAD) signed an agreement with Suraj Iron & Steel Manufacturers to establish a steel rolling mill facility in Abu...LISCO completes commissioning of cold rolling mill
Libyan Iron and Steel Company (LISCO) announced the successful commissioning and performance testing of its cold rolling mill, implemented by Turkish engineering company Partner...ECC approves gas supply for revival of National Steel Complex
Pakistan's Economic Coordination Committee (ECC) approved the supply of up to 40 MMCFD natural gas to National Steel Complex Ltd (NSCL) for process requirements...
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Iron ore rises on firm steel demand, positive economic data
Iron ore futures increased on Monday, supported by firm steel demand in China and positive economic data. Chinese steel production remained stable, while mill margins...Steel exports decline in Jan-Apr amid trade barriers, Middle East disruptions
China's finished steel exports declined by 9.7pct YoY to 34.2 mln tons during the first four months of 2026, according to data from the...Govt moves toward potential nationalization of British Steel
The UK government announced plans to introduce new legislation that could allow British Steel to return to public ownership for the first time since...Tenaris to acquire Artrom Steel Tubes
Tenaris announced that it has entered into a definitive agreement to acquire 100pct of the share capital of Romania-based Artrom Steel Tubes S.A. from...
- Prices
Iron ore rises on firm steel demand, positive economic data
Iron ore futures increased on Monday, supported by firm steel demand in China and positive economic data. Chinese steel production remained stable, while mill margins...Scrap import prices stable as cautious buying sentiment prevails
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel...Iron ore slips on demand concerns
Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments...Iron ore extends gains on firm steel demand
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid...
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