Thursday, October 15, 2026
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Structural steel market navigates growing logistics constraints
The UAE structural steel market continues to face logistics disruptions, with congestion at UAE ports and uncertainty over vessel movements through the Strait of...Billet imports rise in Jan-Aug 2026
Turkey's billet imports increased 15.5pct YoY to around 3.35 mln tons in January-August 2026, according to the Turkish Statistical Institute (TUIK). Russia was the largest...Meranti Green Steel signs MoU with Muscat University
Meranti Green Steel has signed a memorandum of understanding (MoU) with Muscat University to strengthen cooperation between industry and academia in Oman, with a...Alexandria Port Authority signs MoU with C&D to develop dry bulk terminal
Egypt's Alexandria Port Authority has signed a memorandum of understanding (MoU) with Chinese group Xiamen C&D to develop a specialized dry bulk terminal at...
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Iron ore futures fall as supply overhang persists
Iron ore futures fell on Thursday as high port inventories and weak steel production continued to weigh on the market, despite signs of improved...Anhui Xuanli Steel orders new heavy plate mill from SMS group
Chinese steelmaker Anhui Xuanli Steel Group has awarded SMS group a contract to supply equipment for a new heavy plate mill in Tongling, Anhui...JSW JFE advances grain-oriented electrical steel project in Nashik
JSW JFE Electrical Steel Pvt. Ltd. is advancing its grain-oriented electrical steel production project in Nashik, India, with technology supplied by Italian engineering company...Hoa Phat steel sales rise 39pct in Jan-Sep 2026 YoY
Vietnamese steelmaker Hoa Phat Group sold 10.3 mln tons of steel products, including HRC, construction steel, wire rod and billets, during January-September 2026, up...
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Structural steel market navigates growing logistics constraints
The UAE structural steel market continues to face logistics disruptions, with congestion at UAE ports and uncertainty over vessel movements through the Strait of...Iron ore futures fall as supply overhang persists
Iron ore futures fell on Thursday as high port inventories and weak steel production continued to weigh on the market, despite signs of improved...HRC buying slows as shipping risks mount
Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...Iron ore futures extend losses on weak market fundamentals
Iron ore futures fell on Wednesday as weak steel demand and continued pressure across China's steel market weighed on prices. Iron ore fundamentals remain bearish,...
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