Steel news from the MESteel newsroom, reporting on the Middle East steel industry since 1999: mills, trade flows, prices and projects in the GCC and beyond.
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Erciyas Celik Boru reported a sharp decline in revenue and a wider net loss in the first nine months of 2026, although the company continued to develop new products and expand into rail and emerging transport technologies. The Turkish…
Turkish crane equipment manufacturer Kranhauss has entered into a strategic partnership with special-steel producer Aygunsan Demir Celik, covering production, finance, purchasing and marketing. Under the agreement, Kranhauss will continue…
Solb Steel has successfully produced wire rod for use in the manufacture of welding electrodes, marking a further expansion of the Saudi steelmaker's manufacturing capabilities. The company said the material was developed to meet approved…
Qatar Steel's net profit increased by 43 pct YoY to QAR 493 mln (USD 135 mln) in the first nine months of 2026, supported by higher selling prices and improved margins, according to parent company Industries Qatar's latest financial…
EMSTEEL's net profit increased 99 pct YoY to AED 190 mln (USD 52 mln) in the third quarter of 2026, supported by higher selling prices, operational efficiencies and cost control measures despite rising costs linked to regional geopolitical…
TBX Nexxia, the advanced manufacturing platform established by Abu Dhabi sovereign investor Mubadala and Spain's Tubacex Group, has strengthened local production of corrosion-resistant alloy (CRA) oil country tubular goods (OCTG) for the…
Turkish steel producer Kardemir Celik has secured financing for its rolling mill modernization and solar power projects as part of its plans to improve production efficiency and reduce energy costs. The company received approval on…
Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) narrowed its net loss in the third quarter as revenue increased and margins improved. Revenue rose 13.2 pct YoY to SAR 52.3 mln (USD 13.9 mln) in Q3 2026. The company…
MESteel, the Middle East's steel directory since 1999, has relaunched mesteel.com with 1,989 steel companies from 63 countries, a new marketplace, weekly steel prices and product information for 126 steel products.
Turkish steelmaker Izmir Demir Celik (IDC) reported a wider loss for the first nine months of 2026 as lower revenue and weaker operating performance weighed on its results. The company's consolidated revenue declined 8 pct YoY to TRY 54.93…
Kocaer Celik's 99 pct-owned subsidiary Kocaer Enerji has secured a USD 37.83 mln investment loan to finance the first phase of its Kocaer 1 Geothermal Power Plant project in Turkey. The financing agreement was reached with the Turkish…
Dubai-based developer Azizi Developments has expanded its in-house manufacturing operations across 143,000 sqm in Sharjah and Dubai, including plans to increase production capacity at its cut-and-bend steel facility. The expansion is aimed…
Saudi Arabia's General Authority for Foreign Trade (GAFT) has launched an anti-dumping investigation into imports of certain hot-rolled structural steel sections from China and Turkey following a complaint filed by United Steel Company, a…
An explosion during maintenance work at Habas steel plant in Aliaga, Izmir, has killed 17 workers and injured several others, Turkish officials said. The incident occurred during planned maintenance work on one of the plant's electric arc…
Turkey's Borusan Pipe reported higher revenue and earnings in the first nine months of 2026, supported by planned deliveries in its Infrastructure & Projects segment, higher-value product sales and operational efficiency initiatives. Sales…
SAIL's Rourkela Steel Plant has dispatched its first consignment of CE-certified HR plates for export to Europe, marking a step forward in the Indian steelmaker's presence in the international market. The first shipment comprised around…
India's NMDC reported a slight decline in consolidated net profit for the quarter ended September 2026, despite higher revenue. Consolidated revenue from operations increased by 4.1 pct YoY to INR 6,638.23 crore (USD 705 mln) in the…
Salzgitter said European trade measures and the introduction of the Carbon Border Adjustment Mechanism (CBAM) have improved conditions for the region's steel industry, although weak economic activity and subdued steel demand continue to…
SSAB has appointed Finnish construction company GRK for an upcoming work package at its new steelworks project in Lulea, Sweden, covering concrete work and foundations for the facility. The steelmaker said it is dividing the construction…
Meta has signed a multi-year agreement with Swedish steelmaker Stegra to purchase environmental attribute certificates (EACs) linked to steel from Stegra's green steel plant currently under construction in northern Sweden. The agreement…
Outokumpu has completed an automation upgrade for the cold plate leveler at its heavy plate rolling mill in Degerfors, Sweden, following a project carried out during the plant's summer shutdown. The upgrade replaced automation hardware…
India's NCDEX has launched the country's first steel scrap futures contract, providing steelmakers, scrap traders and downstream producers with a regulated mechanism to hedge price risks. The cash-settled contract is based on the HMS 80:20…
Mexican steelmaker Grupo Simec has reached an agreement with Votorantim to acquire 100 pct of Argentine steel producer Acerbrag as part of its plans to expand its presence in South America. Acerbrag, located in Bragado in Buenos Aires…
Badische Stahlwerke (BSW) has commissioned a 4D EAGLE S 50 measuring system at its steel plant in Kehl, Germany, for the first practical application of the technology under industrial production conditions. The system, jointly developed by…
Severstal has completed a major overhaul of its Mill 2000, the largest hot rolling mill at its Cherepovets Iron and Steel Works (CherMK). The overhaul included the replacement and repair of key equipment, including bearings in gear stand…
JSW Steel's consolidated crude steel production increased 19 pct YoY to 2.57 mln tons in October 2026, according to the company's latest production update. Production at its Indian operations rose 19 pct YoY to 2.49 mln tons, while output…
Malaysia has imposed provisional anti-dumping duties on imports of aluminium-zinc coated flat steel products from China, Taiwan and Vietnam following an affirmative preliminary determination by the government. The Ministry of Investment…
Thyssenkrupp Steel Europe has postponed the start of operations at its tkH2Steel direct reduced iron (DRI) plant in Duisburg to 2029, two years later than originally planned, according to an amended state aid decision by the European…
SSAB's lower-carbon SSAB Zero steel has entered large-scale production at Swedish industrial equipment manufacturer Alfa Laval, which is using the material to produce frames for its T21 welded plate heat exchangers. Alfa Laval began…
Dutch metal distributor Galvano Metaal has added ArcelorMittal's XCarb recycled and renewably produced steel to its hot-rolled pickled sheet offering, expanding its range of lower-carbon steel products. The XCarb steel is produced using…
China's steel exports totalled 9.85 mln tons in October, down 6.1pct from September but up 0.7pct YoY, according to the latest data from the General Administration of Customs. Cumulative steel exports declined by 2.3pct YoY to 95.49 mln…
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