Wednesday, March 25, 2026
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Kardemir raises long steel prices on higher scrap costs
Turkish steelmaker Kardemir has increased prices for long steel products in its latest sales round, citing higher scrap costs. According to the latest price list,...Metal Park, Binghatti sign agreement to strengthen construction supply chain
Metal Park has signed a strategic agreement with UAE-based developer Binghatti aimed at improving control, quality and efficiency across construction supply chains. Under the agreement,...Neom terminates Trojena contracts as project strategy shifts
Saudi Arabia's Neom has terminated several major contracts related to the Trojena development, including a structural steel package awarded to Eversendai Corporation Berhad, reflecting...Middle East steel output rises 3.4pct YoY in Jan-Feb 2026
Crude steel production in the Middle East increased by 3.4pct YoY to 7.1 mln tons in January-February 2026, according to data from the World...
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Iron ore slips on Tangshan curbs
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated...Jindal Steel doubles Angul plant capacity
Jindal Steel has doubled the crude steel production capacity of its Angul plant in Odisha to 12 mln tons per year, as part of...Jindal Stainless commissions melt shop in Indonesia
Jindal Stainless has commissioned a 1.2 mln tons per year stainless steel melt shop in Indonesia through its joint venture, ahead of schedule, the...Vallourec secures OCTG contracts for offshore projects
Vallourec has signed a series of contracts to supply oil country tubular goods (OCTG) for offshore projects in Indonesia, the company said. Two contracts signed...
- Prices
Kardemir raises long steel prices on higher scrap costs
Turkish steelmaker Kardemir has increased prices for long steel products in its latest sales round, citing higher scrap costs. According to the latest price list,...Iron ore slips on Tangshan curbs
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated...Iron ore edges up, but risks cap further gains
Iron ore futures extended gains on Tuesday, supported by improving steel production in China, although higher port-side inventories limited further upside. Market participants said iron...Emirates Steel keeps April rebar prices unchanged
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for April production. The company maintained its rebar price at AED 2,721...
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