Tuesday, April 28, 2026
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Govt suspends slab, flat steel exports; long steel unaffected
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion...Crude steel output up 5.3pct YoY, led by higher slab production – TCUD
Turkey's crude steel production increased by 5.3pct YoY to 9.74 mln tons in the first quarter of 2026, according to data from the Turkish...AGSI, Fakhruddin advance low-carbon steel use in construction
Abu Dhabi-based Arabian Gulf Steel Industries LLC (AGSI) has signed a memorandum of understanding with real estate developer Fakhruddin Properties to support the use...Arabian Steel Pipes’ Q1 profit rises despite lower revenue
Jordan-based Arabian Steel Pipes Manufacturing Company reported higher net profit for the three months ended 31 March 2026, despite a decline in revenue, according...
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Iron ore futures stable as market weighs supply growth, demand outlook
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday...ArcelorMittal Industeel commissions continuous casting unit at Le Creusot
ArcelorMittal Industeel has inaugurated a new vertical continuous casting installation at its Le Creusot site in France, representing a total investment of EUR 52...MMK launches cryogenic steel for low-temperature applications
Russia's Magnitogorsk Iron and Steel Works (MMK) has started production of a new type of rolled steel designed for use in extremely low-temperature environments,...CARES launches CBAM-focused emissions verification service for steel supply chain
CARES, internationally renowned certification authority, has introduced a new product verification service aimed at helping steel producers and supply chain participants comply with emerging...
- Prices
Iron ore futures stable as market weighs supply growth, demand outlook
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday...Scrap import prices edge higher on new bookings
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import...Iron ore futures steady as demand support offsets supply pressure
Iron ore futures inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains. Chinese steel mills continued...Hadeed raises long steel prices again on rising costs
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid...
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