Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,417 news items in ME Steel News. Show all
Turkish pipe producer Noksel Celik Boru Sanayi plans to invest EUR 60 mln (USD 68.5 mln) to expand its pipe production capacity in Spain through the construction of a new manufacturing facility in Lorca, Murcia. The…
Tosyali has secured EUR 187 mln (USD 213 mln) in financing from BBVA, backed by Spain's export credit agency Cesce, to develop the first phase of its solar energy program in Turkey. The financing will support the…
Turkish imported scrap prices remained under pressure this week as weak finished steel demand, sluggish export sales and cautious mill buying continued to weigh on the market. MESTEEL assessed HMS 1&2 (80:20) import…
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, held talks with Chinese intelligent manufacturing company Jiangsu Changhong regarding plans to establish an automotive equipment and production line…
China's Zenith Steel Group, a subsidiary of Zhongtian Group, has signed an agreement to establish a USD 300 mln tyre components manufacturing facility in the China-Egypt TEDA industrial zone in Sokhna, within the Suez…
Turkey's steel industry expects the European Union's revised steel safeguard measures to reduce the country's steel exports by around 3.5 mln tons, equivalent to approximately USD 3 bln in export revenue, according to…
Toscelik Spiral Boru has been selected as the winning bidder for Turkey's state-owned Petroleum Pipeline Transportation Inc. (Botas) tender to supply steel pipes for the LV Yuluce-Pig Sarkoy Natural Gas Pipeline…
The US Department of Commerce has preliminarily determined that countervailable subsidies are being provided to imports of carbon and alloy steel wire rod from Algeria, proposing a 73.33pct countervailing duty (CVD) on…
Turkish steelmaker Kardemir has lowered domestic billet prices in its latest sales round. The producer offered S235JR-grade billet at USD 515 per ton EXW, while B420-grade billet was offered at USD 520 per ton EXW, both…
The European Commission (EC) has initiated an expiry (sunset) review of the anti-dumping duties on imports of certain hot rolled flat products of iron, non-alloy or other alloy steel originating from Turkey, following a…
A legal dispute has emerged between Kibar Holding and South Korea's POSCO over their joint venture Posco Assan TST, Turkey's only stainless steel cold rolling producer, according to Turkish media reports. Kibar Holding…
Metal Park, the industrial metals hub located in KEZAD, Abu Dhabi, has partnered with Innovation Line to expand the range of logistics and industrial support services available to companies operating within its…
Shyam Middle East FZC, a subsidiary of India's Shyam Steel Group, has inaugurated its first overseas manufacturing facility in the Hamriyah Free Zone in Sharjah with an initial investment of AED 60 mln (USD 16.3 mln)…
Turkish steelmaker Kardemir has lowered domestic rebar prices in its latest sales round amid subdued market conditions. The producer is offering 12-32 mm rebar at TRY 26,500 (USD 566) per ton EXW, excluding VAT, down…
Turkey's leading steel producer Kardemir has increased domestic prices for steel sections, according to its latest price list. The producer raised prices for IPE-NPU sections in sizes 180-550 mm to USD 670-760 per ton…
Mobarakeh Steel expects the first gas unit of its 914 MW Shahid Kazemi combined-cycle power plant to return to operation by the end of the current Iranian calendar year ending March 2027, following damage sustained…
Pakistan's Securities and Exchange Commission (SECP) has introduced special facilitation measures to accelerate the conversion of steel sector Associations of Persons (AOPs) into registered companies following changes…
Turkey imported 8.1 mln tons of ferrous scrap during the first five months of 2026, almost unchanged from the same period last year, according to data from the Turkish Statistical Institute (TUIK). The United States…
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the steel works for Hayat Kimya's new manufacturing facility in Mersin, Turkey. The company said the project…
UAE's CIM Steel Industry LLC has entered into a strategic partnership with the National Bank of Umm Al Quwain (NBQ) to support its manufacturing operations and strengthen its contribution to the UAE's industrial sector…
“Premium Content” marks a news item that needs a subscription to read in full.
