Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Showing Iran — 27 articles. Show all
Mobarakeh Steel expects the first gas unit of its 914 MW Shahid Kazemi combined-cycle power plant to return to operation by the end of the current Iranian calendar year ending March 2027, following…
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion Organization of Iran (TPO). The directive mandates an…
Iran’s Mobarakeh Steel Company (MSC) has halted all production operations following a series of airstrikes by U.S. and Israeli forces, according to company statements and media reports. The…
Iranian steel producers Mobarakeh Steel Company and Khuzestan Steel Company have been targeted in a second wave of U.S./Israel airstrikes, according to media reports, with the latest attacks hitting…
Mobarakeh Steel Group, Iran’s largest steel producer, has achieved a milestone with the first domestic production of S650MC high-strength hot-rolled steel sheet, marking a major step in localizing…
Iran recorded a sharp increase in iron and steel exports in the nine months ending in late December, according to local media citing data from the Iranian Steel Producers Association (ISPA). Export…
Iran produced nearly 15 mln tons of crude steel in the first six months of the current Iranian year (March 21-September 22), up 3.2pct YoY, according to the Iranian Steel Producers Association…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports…
Mobarakeh Steel Company (MSC), Iran’s largest steelmaker, has been awarded a contract by the Oil Ministry to develop the Madar gas field near Asaluyeh, the country’s main gas hub on the Persian Gulf…
The Iranian Steel Producers Association (ISPA) and the Uzbekistan Metallurgy Association have signed a memorandum of understanding (MoU) to strengthen cooperation in the iron and steel sector. The…
Iran’s iron and steel exports rose 13pct YoY in the first four months of the current Iranian year (starting March 21), adding 469,000 tons, according to the Iranian Steel Producers Association…
Iran’s Mobarakeh Steel Company (MSC) announced that its subsidiary, Saba Steel & Rolling Mill, has successfully produced the high-strength hot-rolled automotive steel grade HAS60, equivalent to…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in…
Iran has signed an agreement with China’s TCS company to provide engineering services for the construction of a sponge iron production unit in Kazakhstan, marking a key step in expanding regional…
Iran has ordered cement and steel factories nationwide to halt or significantly reduce production for 15 days starting May 15 to manage soaring electricity demand, local media reported. According to…
Iran exported USD 918 mln worth of iron ore pellets in the Iranian calendar year 1403 (ended March 20, 2025), according to the Iranian Steel Producers Association (ISPA). The figure marks a 16pct…
Mobarakeh Steel Group, the Middle East’s largest steel producer, has urged the Indian government to grant market access to Iranian companies, particularly for the export of semi-finished steel…
Iran’s steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to the Iranian Steel Producers Association (ISPA)…
Iran produced 20.4 mln tons of semi-finished steel from March 20 to November 21, 2024, according to the Iranian Steel Producers Association. This included 13.28 mln tons of billet and bloom and 8.058…
Iran exported USD 3.643 bln worth of steel products in the first seven months of the current Iranian calendar year (March 20-October 21), marking a 14pct decline from USD 4.255 bln in the same period…
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 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…
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive…
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and pellet plant to start up in the US in 50 years. The company…
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…
China’s iron ore futures edged higher on Wednesday as concerns over Brazilian supply provided support, although weakening steel mill profitability and expectations of lower steel output limited the…
Tata Steel has issued the Final Acceptance Certificate for a coke-oven gas purification and hydrogen production system supplied by Canada’s PyroGenesis through its subsidiary Pyro Green-Gas at the…
Vow ASA’s wholly owned subsidiary Scanship AS has entered into an exclusive collaboration agreement with Danieli Corus B.V. to develop and market solutions for using biocarbon in integrated steel…
Italian industrial technology company Polytec has acquired a 51pct stake in Green Project Marking & Reading Systems, strengthening its offering of automation, identification and traceability…
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…
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…
Voestalpine has received the core equipment for a new electric arc furnace (EAF) at its Linz steelworks, with the facility scheduled to start operation in the first half of 2027. The equipment…
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 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…
Severstal has completed development and started production of Forcera weather-resistant steel in thin-sheet form, targeting long-life protective structures for road and civil infrastructure. The…
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…
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…
Indonesia’s Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation into imports of galvanized steel (BJLS) from China, following an application submitted by PT Tata Metal Lestari…
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…
The European Commission has imposed a provisional safeguard measure on imports of certain grain-oriented electrical steel (GOES), citing a sharp increase in imports and serious injury to EU…
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