News & Articles

Analysis and the latest developments in the steel and raw materials marketAnalysis and the latest developments in the steel and raw materials market

Feb. 22, 2026

Iran's steel transformation starts inside the old plants, not in new ones

An industrial development specialist argues Iran's steel future depends on decarbonising Mobarakeh and Khuzestan Steel rather than building new capacity.

Feb. 21, 2026

20 million tonnes of iron ore trade disrupted by Middle East tensions

Rio Tinto's iron ore chief says Middle East conflict has disrupted about 20 million tonnes of trade and pushed freight costs sharply higher.

Feb. 20, 2026

Hyperinflation in 1404 — steel billet breaks its historic price channel

Since the start of 1404 the steel billet market has broken out of its five-year channel, with annual growth roughly four times the previous average.