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
Oman Zinc has started construction of a USD 50 mln zinc recycling industrial park at Sohar Freezone, expanding Oman's downstream metals processing capacity and zinc value chain. The project, to be developed on a…
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and weak export activity. MESTEEL assessed HMS 1&2 (80:20)…
Al Yamamah Steel Industries has identified Italy's Danieli as the supplier of billet production equipment for its planned billet manufacturing project, updating an earlier announcement that referred to the contractor…
UAE's Emirates Building Systems (EBS) has secured a contract to deliver the structural steel works for a fast-track float glass factory project in the UAE with a total built-up area of 50,000 square meters, the company…
Drydocks World has completed the recycling of an Aframax tanker at its Dubai facility, recovering more than 20,000 tons of steel, machinery and other materials for reuse, the company said. The project, carried out for…
The Abu Dhabi Investment Authority (ADIA) has acquired a 0.89pct stake in Indian building materials and steel distributor SG Mart Ltd., purchasing 1.123 mln shares for approximately USD 7.6 mln. The transaction was…
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local media reports. The resumption follows…
Meranti Green Steel (MGS) has appointed SMS group and Midrex Technologies as technology partners for the front-end engineering phase of its planned 2.5 mln tons per annum direct reduced iron (DRI) plant in Duqm, Oman…
Saudi Arabia's Al Yamamah Steel Industries said its subsidiary, Al Yamamah for Reinforcing Steel Bars, has signed a SAR 270 mln (USD 72 mln) contract with a specialized European company for the manufacturing, supply and…
Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to data from the Pakistan Bureau of Statistics (PBS). Steel scrap imports…
Pakistan imported 389,370 tons of finished steel products in June 2026, more than doubling from 187,456 tons in the corresponding month last year, according to data from the Pakistan Bureau of Statistics (PBS). Market…
Turkey exported 1.1 mln tons of HRC during the first five months of 2026, down more than 15pct year-on-year, according to data from the Turkish Statistical Institute (TUIK). Italy remained the largest export…
Leading Turkish steel producers have warned that aggressive price competition, rising imports and tightening export restrictions are putting increasing pressure on the country's steel industry, according to local media…
Jindal Steel Duqm LLC has received the 870-ton direct reduced iron (DRI) reactor vessel for its green steel project at the Duqm Special Economic Zone (SEZ), marking another key construction milestone as the project…
Turkish stainless steel producer Ukinox has signed a USD 14 mln agreement to establish a stainless steel kitchen sink manufacturing plant in Egypt's Sokhna Industrial Zone within the Suez Canal Economic Zone (SCZone)…
UAE's CIM Steel Industry LLC has completed the first commercial dispatch of cold rolled full hard (CRFH) coils from its new manufacturing facility in Umm Al Quwain, marking another milestone in the commissioning of its…
Pakistan's Agha Steel Industries Ltd has signed a bilateral restructuring agreement with Bank Al Habib Ltd (BAHL), marking a key milestone in the company's ongoing financial restructuring program. Under the agreement…
DP World is planning to develop a new multipurpose port and container terminal in Fujairah on the UAE's east coast, reducing reliance on Jebel Ali and providing an alternative trade route that bypasses the Strait of…
Vale has completed a two-year research program with Sultan Qaboos University (SQU) to identify new applications for iron ore by-products, supporting the development of Oman's first iron ore concentration plant at Sohar…
Turkey's HRC imports declined 9.5pct YoY to 1.43 mln tons during the first five months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained Turkey's largest HRC supplier during the…
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