Wednesday, June 17, 2026
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AGIS partners with Metal Park to strengthen steel supply chain
UAE-based flat steel producer Al Ghurair Iron & Steel (AGIS) has partnered with Metal Park to enhance logistics, warehousing and fulfillment services across the...HRC exports decline in Jan-April 2026
Turkey exported 819,300 tons of HRC during the first four months of 2026, down more than 18pct YoY, according to data from the Turkish...Explosion at Hascelik steel plant injures three workers
Three workers were injured following an unexpected explosion inside an electric arc furnace at Hascelik's steel plant in Osmaneli, Bilecik, Turkey, on June 12. According...Steel Con to build metal components plant in East Port Said
Egypt's Suez Canal Economic Zone (SCZONE) has signed an agreement with Steel Con to establish a metal components manufacturing facility in the East Port...
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Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said...Fujian Kunbao orders electrical steel processing lines for Zhangzhou plant
Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented...Hyundai Steel signs research partnership with LSU for Louisiana steel mill
Hyundai Steel has signed a Master Research Agreement (MRA) with Louisiana State University (LSU) to support technology development and workforce training for its planned...Voestalpine secures record rail supply deal for Rail Baltica project
Austria's Voestalpine Railway Systems has secured framework contracts for the Rail Baltica project, marking the largest single order in the company's history. Under the agreements,...
- Prices
Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said...Iron ore declines on weak property data, pressure on steel margins
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property...Tokyo Steel raises prices for July sales amid rising costs
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw...Scrap import market remains quiet amid weak steel demand
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished...
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