Friday, February 20, 2026
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Erdemir reports sharp profit decline in 2025
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit...Steelmakers target regional markets to drive export growth
Turkey's steel industry is recalibrating its export strategy in response to weak global demand, rising protectionism and intense price competition, with exporters increasingly focusing...Noksel Wins Pipe Supply Tender for Mersin-Mut Pipeline Project
Noksel Steel Pipe has won the Mersin-Mut Natural Gas Pipeline steel pipe procurement tender finalized by Petroleum Pipeline Transportation Inc. (Botas), submitting a bid...BILDCO, CIEC partner to modernize reinforcement steel facility in Abu Dhabi
Bildco Reinforcing Steel Services, a subsidiary of Abu Dhabi National Building Materials Company, has signed a five-year joint management and operation agreement with CIEC...
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LMEL signs metal recovery and slag processing deal with Harsco
Lloyds Metals and Energy Limited (LMEL) has signed a 10-year contract with Harsco Environmental, a division of Enviri Corporation, to provide metal recovery and...Trade regulator imposes AD tariffs on Chinese cold-rolled and coated steel imports
Brazil's trade regulator Camara de Comercio Exterior (Gecex) has approved definitive antidumping duties on imports of cold-rolled and steel products from China, effective for...Tubacex secures new umbilical tube contracts
Tubacex has secured three new umbilical tube contracts worth a combined EUR 26 mln (USD 30.6 mln), lifting its order book in this high-value...Yamato Steel to modernise section mill at Himeji works
Yamato Steel Co. Ltd. has awarded a contract to SMS group to modernize its section mill in Himeji, Japan, as part of efforts to...
- Prices
Kardemir trims rebar, wire rod prices in latest sales round
Kardemir has announced new prices for rebar and wire rod in its latest sales round. According to the updated list, 12-32 mm rebar is offered...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...
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