Monday, February 23, 2026
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Scrap import prices under pressure on sluggish buying activity
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers...Al Jazeera Steel posts growth in 2025 as GCC construction drives demand
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited...SSP posts resilient 2025 results despite lower sales
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, reported resilient financial results for the year ended 31 December 2025, supported by strong cash...Lloyds Metals sets up Dubai subsidiary to expand overseas operations
India's Lloyds Metals and Energy Limited has incorporated a step-down subsidiary, Virtus Lloyds Resources FZCO, in the Dubai Multi Commodities Centre (DMCC) Zone, United...
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Mukand secures green steel certification by NISST
Mukand Limited, part of the Bajaj Group, has been awarded Green Steel certification by the National Institute of Secondary Steel Technology (NISST) under India's...Steel imports fall sharply in 2025 – AISI
Based on final U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that total U.S. steel imports in full-year 2025 reached...MMK develops high-performance hot-rolled corrugated steel
Magnitogorsk Iron & Steel Works (MMK) has developed and begun production of a new class of hot-rolled ribbed (corrugated) steel whose mechanical properties are...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...
- Prices
Scrap import prices under pressure on sluggish buying activity
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers...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...
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