Wednesday, April 29, 2026
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Borusan Pipe secures USD 100 mln pipe orders in US
Turkey-based Borusan Pipe said its US subsidiary Borusan Berg Pipe has secured around USD 100 mln in sales orders in the United States, according...Suez Steel achieves certification for rail manufacturing
Egypt-based Suez Steel has obtained certification from TUV Rheinland for the production and marketing of railway rails, marking a first for the country's steel...Mughal Steel advances captive power project with turbine start-up
Pakistan's Mughal Iron & Steel Industries Limited, through its subsidiary Mughal Energy Limited, has initiated turbine rolling at its hybrid power plant, marking the...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...
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Iron ore under pressure from increased supply, high inventories
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources...Steel trade balance turns positive in FY26
India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline...Lodhia Industries orders reheating furnace for bar and wire rod mill
Tanzania-based Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a 50 tph pusher-type reheating furnace for its...Tubos Reunidos flags insolvency risk amid tariffs, financing challenges
Spain-based Tubos Reunidos S.A. warned that its operations may face insolvency risk unless it secures financing and restructuring measures, according to a filing with...
- Prices
Iron ore under pressure from increased supply, high inventories
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources...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...
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