Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,438 news items in ME Steel News. Show all
UAE's AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) contracts valued at over USD 114 mln for six ship-to-shore (STS) cranes and 17 hybrid rubber-tyred gantry (RTG) cranes. These cranes will…
Egypt is planning to announce two Public-Partnership Projects (PPP) for a multipurpose terminal and a dry bulk terminal at El-Dekheila Port in Alexandria, according to Atter Hannoura, Director, PPP Central Unit…
Turkey exported around 1.9 mln tons of rebar in the first seven months of 2024, marking a 10pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). The top three destinations for Turkish rebar…
Almasane Alkobra Mining Company (AMAK) has signed a letter of intent with UK-based Power Metal Resources Plc to form a joint venture aimed at advancing exploration on AMAK's Qatan Exploration License in southwest Saudi…
Dubai South Properties has appointed Al Turath Al Aseel Contracting for a USD 41 million contract to construct the South Living Tower, a luxury apartment development in the Residential District of Dubai South. The…
Al Mouj Muscat, a leading integrated tourism complex in Oman, has awarded the second phase of the Al Mouj Business Park development to Oman Shapoorji Company. As part of the larger Al Mouj Muscat community, the Al Mouj…
Turkey imported 11.6 mln tons of scrap in the first seven months of 2024, a slight increase of 0.5pct compared to the same period last year, according to the Turkish Statistical Institute (TUIK). The US was Turkey's…
Galva Hub, located in Metal Park, home to the UAE's largest galvanizing pool, will begin accepting orders in February 2025. The facility features the region's largest hot-dip galvanization pool, measuring 16 meters in…
Construction and building activities in the UAE experienced a growth rate of 6.2 pct during the first quarter of this year compared with the same period last year, according to the preliminary estimates issued by the…
Abu Soma Development Company and Redcon Construction have signed a Memorandum of Understanding (MoU) to build more than 2,000 residential units and luxury hotels within the Red Sea project at a total investment of USD…
Turkey's scrap import prices rose this week as mills booked cargoes at higher rates, though a sharp decline in Chinese prices dampened market sentiment toward the end of the week, potentially limiting further price…
Turkish steel producer, Diler Demir Celik has achieved top performance and set speed records (40 m/sec) for D8 and D10 diameters with its newly installed spooler line at the Izmit plant in Turkey, according to a press…
Turkish prefabricated housing company Karmod has announced the launch of a steel construction housing project in Lisbon, Portugal. The project features Karmod's steel construction home type and has begun on-site…
Saipem has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Aramco. The overall value of the two contracts is approximately USD 1 bln. Saipem's scope of work under the…
India's VA Tech Wabag announced that it has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract worth USD 317 mln for a mega sea water desalination project in Saudi Arabia. The…
Turkish steel producer Kardemir has raised its rebar and wire rod prices in the latest sales round, according to the company's updated price list. Rebar in sizes ranging from 12 to 32 mm is now offered at TRY 19,875…
Emirates Steel Arkan, the UAE's largest publicly listed steel and building materials company, has rebranded as EMSTEEL to accelerate its operational transformation and expand its global presence. The rebranding reflects…
Edamah, the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), has awarded leading Bahrain construction firm Cebarco the contract for the first phase of infrastructure works at the Bilaj Al Jazayer…
Etihad Rail, the developer and operator of the UAE National Railway Network, signed two Memoranda of Understanding valued at USD 2.3 bln with Jordan's transport ministry and local companies to build, operate and…
Pakistan's National Tariff Commission (NTC) has launched an investigation into the alleged circumvention of antidumping duties on Chinese galvanized coils and sheets imports. The investigation was launched following an…
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