Thursday, February 12, 2026
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Qatar Steel posts record sales volumes in 2025 on capacity restarts
Qatar Steel, the steel subsidiary of Industries Qatar, reported a strong operational and financial performance in 2025, supported by a sharp increase in production...Arabian Steel Pipes Manufacturing posts higher revenue and profit in 2025
Arabian Steel Pipes Manufacturing Company reported improved financial performance for the year ended 31 December 2025, with both revenue and net profit rising YoY,...Beco Steel begins installation of 5 MW solar power plant to cut energy costs
Beco Steel Limited has commenced installation of a 5-megawatt solar power plant, aimed at reducing energy costs and improving operational efficiency, the company said. The...Billet imports climb in 2025
Turkey imported 4.3 mln tons of billets in 2025, up 16pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the largest...
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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...Baosteel Zhanjiang commissions new ultra-thick slab caster
Baosteel Zhanjiang Iron and Steel has successfully commissioned a new two-strand ultra-thick slab caster supplied by Primetals Technologies at its Zhanjiang plant in Guangdong...Kalyani Ispat orders high-speed bar and wire rod mill
Kalyani Ispat Ltd., a subsidiary of Rungta Sons Ltd., has placed an order with SMS group to supply a high-speed bar and wire rod...RRM starts up new cold-mill complex with Danieli technology
Roofings Rolling Mills Ltd (RRM) has successfully started up its new cold-mill complex in Uganda, achieving stable operations and consistent product quality as the...
- Prices
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...Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...NMDC raises iron ore lump and fines prices
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has raised prices for both iron ore lump and fines by INR 100 (USD...Iron ore futures end flat as weak fundamentals limit direction
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical...
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