Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,417 news items in ME Steel News. Show all
Turkey's rebar exports increased nearly 13pct YoY to 2.26 mln tons in the first half of 2026, according to Turkish Statistical Institute (TUIK) data, compared with around 2 mln tons in the same period last year. Yemen…
Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8 mln tons per year, as part of efforts to increase domestic…
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales and improved operating performance following the…
Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) reported lower revenue but reduced net losses in the first half of 2026, supported by improved product pricing, a better sales mix and lower…
Pakistan's Frontier Foundry Steel Limited (FF Steel) has formally launched its Initial Public Offering (IPO) process, marking the company's planned debut on the Pakistan Stock Exchange (PSX). The company has appointed a…
The United Arab Emirates and the Eurasian Economic Union (EAEU) will implement their Free Trade Agreement (FTA) on October 6, 2026, following the completion of ratification procedures. The agreement is expected to boost…
Turkey's imported scrap prices remained largely stable this week, with tight supply and high freight costs supporting the market despite cautious buying from Turkish mills. MESTEEL assessed HMS 1&2 (80:20) import prices…
Saudi Steel Pipe Company (SSP) reported lower revenue and net profit in the first half of 2026, mainly reflecting lower sales volumes, an expected credit loss and the impact of a one-off gain recorded in the comparable…
Saudi Arabia's Al Yamamah Steel Industries reported a sharp increase in net profit for the nine months ended June 30, 2026, supported by higher sales in its electricity segment and lower costs across its electricity and…
Turkey's Kocaer Celik received steel profile orders worth USD 61.39 mln in July 2026, according to the company's stock exchange filing. The orders were mainly for export markets as well as the domestic market. Kocaer…
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing and reduce dependence on imported components, according to local media…
Turkey's Kocaer Celik reported a 19pct YoY increase in net profit in the first half of 2026, supported by an improved product mix and higher margins despite a decline in sales revenue. The company's net profit…
Turkey's Ministry of Environment, Urbanization and Climate Change has approved the Environmental Impact Assessment (EIA) for Kocaer Celik's planned integrated steelmaking and rolling mill investment in Aliaga, Izmir…
SENAAT subsidiary Zamil Steel has completed the design and fabrication of specialized process equipment for Saudi Aramco's Fadhili Gas Increment Project - Package 4, including what SENAAT described as the thickest…
Saudi Arabia's General Authority for Foreign Trade (GAFT) has imposed definitive anti-dumping duties on ductile iron pipe imports from India, concluding an investigation launched in July 2025 following a complaint by…
Turkey imported 9.7 mln tons of ferrous scrap in the first half of 2026, up 3.2pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…
Austria-based RHI Magnesita is considering establishing an integrated refractory production facility to serve Egypt's heavy industries and potentially supply other Middle Eastern markets, according to Egypt's Ministry…
UAE's Amana Contracting and Steel Buildings has signed a memorandum of understanding with the Mohammed Bin Rashid Housing Establishment (MBRHE) to strengthen cooperation on housing projects and related technical…
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) reported a sharp increase in profitability for the first half of 2026, supported by higher sales volumes, stronger finished steel prices and improved profit margins…
Meranti Green Steel has signed heads of terms with Marafiq-CUC for the supply of industrial water to its planned DRI/HBI plant in Duqm, Oman. Under the agreement, Marafiq, the centralized utilities provider for the Duqm…
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