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Steel news

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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

Middle East Steel News

Middle East steel production decline eases in August

Statistics

Middle East crude steel production declined 4.6 pct YoY to 3.7 mln tons in August 2026, according to World Steel Association data, with the pace of decline easing from 13.4 pct in July. During the…

Ekinciler signs contract for new solar power plants

Turkey

Turkish steelmaker Ekinciler Demir ve Celik Sanayi has signed a turnkey contract with Aldo Enerji Sanayi for the installation of two ground-mounted solar power plants with a combined capacity of 42…

Agha Steel narrows loss in FY2026

Pakistan

Pakistan’s Agha Steel Industries reported a loss after taxation of PKR 4.74 bln (USD 17.1 mln) for the financial year ended June 30, 2026, compared with a loss of PKR 7.21 bln (USD 25.9 mln) a year…

COOEC starts USD 4 bln Bul Hanine offshore project

Qatar

China National Offshore Oil Engineering Co. (COOEC) has broken ground on the Bul Hanine EPIC project in Qatar, its largest international offshore project, with a total contract value of USD 4 bln…

Premium Content Emirates Steel holds rebar prices steady for October

United Arab Emirates

UAE’s Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for October production, marking the third consecutive month of price rollover. The company maintained its price for…

Ekinciler plans EAF dust recovery plant in Iskenderun

Turkey

Turkish steelmaker Ekinciler Demir ve Celik Sanayi plans to establish a facility at its Iskenderun, Hatay plant to recover zinc from electric arc furnace (EAF) dust and produce commercial zinc oxide…

Zamil Steel supplies PEBs for high-speed rail depot

Egypt

Zamil Steel Egypt, a subsidiary of Saudi Arabia’s Advanced Building Industries Company (SENAAT), has supplied and erected more than 10,000 tons of structural steel and pre-engineered buildings for a…

Premium Content Coated steel demand remains firm amid tight availability

United Arab Emirates

The UAE coated steel market remains firm, supported by good domestic demand, while logistics disruptions continue to affect material availability and local production. Major UAE coated steel producer…

US imposes anti-dumping duties on Egyptian rebar

Egypt

The US Department of Commerce has issued anti-dumping duty orders on steel concrete reinforcing bar (rebar) from Egypt, Bulgaria and Vietnam, following affirmative final determinations by Commerce…

Global Steel News

Premium Content Iron ore futures consolidate as weak demand weighs on market

China

China’s iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel demand and high iron ore inventories at…

Hoa Phat targets 2027 start-up for rail steel plant

Vietnam

Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now focused on completing the factory structure and installing…

ABS opens steel service center in Sweden

Italy

Italian special steelmaker ABS Acciaierie Bertoli Safau, part of the Danieli Group, has opened a new service center in Varnamo, Sweden, strengthening its presence in the Nordic market. The facility…

Polytec acquires majority stake in Green Project

Italy

Italian industrial technology company Polytec has acquired a 51pct stake in Green Project Marking & Reading Systems, strengthening its offering of automation, identification and traceability…

Premium Content Iron ore futures ease as supply pressure weighs on market

China

China’s iron ore futures declined on Tuesday as ample supply and rising port inventories weighed on sentiment, although pre-holiday restocking by steel mills and high freight costs continued to…

NMDC targets 60 mln tons iron ore production in FY2027

India

India’s largest iron ore producer NMDC is targeting production of 60 mln tons this fiscal year to meet growing demand from domestic steelmakers, Chairman Amitava Mukherjee said. NMDC produced 53.15…

HKM decommissions Blast Furnace A after 53 years

Germany

Huttenwerke Krupp Mannesmann (HKM) has permanently decommissioned Blast Furnace A at its Duisburg site after more than 53 years of operation, as part of Salzgitter AG’s transition toward lower-carbon…

B5Plus to establish new rebar and wire rod mill in Abidjan

Ivory Coast

B5Plus Group has selected Danieli to supply equipment for a new rebar and wire rod mill in Abidjan, Cote d’Ivoire (Ivory Coast), with production capacity of 50 tons per hour, or around 300,000 tons…

Premium Content Iron ore futures trade rangebound amid pre-holiday restocking

China

China’s iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited upward momentum. Analysts…

Baowu and BHP extend steel decarbonization partnership

China

China Baowu and BHP have renewed their steel decarbonization partnership through a new five-year Memorandum of Understanding (MoU), extending collaboration that began in 2020. The partners will…

Vallourec wins tubular contract for Prinos CO2 project

Greece

Vallourec has been selected by EnEarth, a subsidiary of Energean, to supply approximately 3,000 tons of casing pipes and accessories for the first phase of the Prinos CO2 carbon storage project in…

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