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
Turkish integrated steel producer Kardemir has signed its first purchase agreement with Algeria's National Railway Transport Company (SNTF) under a railway wheel supply program with a total contract value of…
India's Jindal SAW has completed the supply of 193 km of 42-inch API X65 NACE-grade LSAW line pipes, totaling 87,000 tons, for OQ's Fahud Loop Line Project in Oman. The company said the project was delivered within the…
Turkish imported scrap prices moved higher this week as steel mills returned to the market to replenish inventories after delaying purchases over the past few weeks. MESTEEL assessed HMS 1&2 (80:20) import prices at USD…
East Pipes Integrated Company for Industry has signed a contract worth more than SAR 64 mln (USD 17 mln), including VAT, with Esnad Al-Turuq Contracting Company for the manufacture and supply of steel pipes. The…
Spanish valve manufacturer Ampo Poyam Valves has secured a contract to supply 180 large-sized engineered gate valves for Saudi Aramco's Riyas NGL Fractionation Trains project in Jubail, Saudi Arabia. The order includes…
Turkish steel producer Kocaer Celik has approved the establishment of a new company in the United States as part of its strategy to strengthen its global competitiveness, according to a stock exchange filing. The new…
Crude steel production in the Middle East declined by 13.4pct YoY to 4.0 mln tons in June 2026, according to data from the World Steel Association. During the January-June period, regional crude steel production fell by…
Saudi Aramco has awarded steel pipe supply contracts worth a combined SAR 160.7 mln (USD 42.8 mln) to domestic manufacturers Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. (APC). Saudi Steel Pipe Co. announced it has…
Saudi Arabia's East Pipes Integrated Company for Industry (East Pipes) reported strong financial results for the first quarter of fiscal year 2026/27 ended June 30, supported by higher sales volumes, improved selling…
Turkish long steel producer Kardemir Celik Sanayi AŞ has launched an initial public offering (IPO) valued at TRY 4.48 bln (USD 94.9 mln), with the company aiming to strengthen working capital and improve utilization of…
Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578) per ton EXW, excluding VAT, up from TRY 26,500 (USD 566) per ton…
Vale's iron ore pellet production at its Oman operations fell sharply in the second quarter of 2026 as the temporary suspension of its Sohar pellet plants amid Middle East tensions weighed on output. Pellet production…
Egypt's Suez Steel has started commercial production of high-specification rail profiles and heavy structural sections at its Rail and Heavy Section Mill, expanding its product portfolio for railway and infrastructure…
Turkey's Ozyasar Tel ve Galvanizleme Sanayi A.S. has received trial orders from two global companies through its wholly owned US subsidiary, Ozyasar Wire North America, as part of technical and commercial evaluations of…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
Escalating security risks in the Red Sea are raising concerns over steel supply chains to Saudi Arabia, with market participants warning that prolonged disruptions could delay imports, increase freight costs and push up…
Oman's Al Jazeera Steel Products Co. SAOG reported a decline in net profit for the first half of 2026, according to its unaudited financial results. The company's net profit fell 6pct YoY to OMR 3.88 mln (USD 10 mln)…
Saudi Arabia's East Pipes Integrated Company for Industry has signed agreements worth about SAR 8.9 mln (USD 2.37 mln) with selected suppliers as part of its investment in strategic material handling assets aimed at…
A bulk carrier carrying steel billets from India to the UAE partially sank in the Strait of Hormuz after suffering structural failure, raising concerns over cargo recovery and regional shipping amid heightened…
The Canadian International Trade Tribunal (CITT) has maintained anti-dumping and countervailing measures on imports of corrosion-resistant flat-rolled steel from Turkey and Vietnam, concluding that removing the duties…
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