Saudi Arabia's Al Yamamah Steel Industries Company has confirmed it will invest SAR 75.6 mln (USD 20.15 mln) in the capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to support the…
The UAE has introduced a temporary four-month ban on exports of steel scrap, alongside selected non-ferrous scrap, to secure domestic raw material availability. Under Customs Notice No. 13/2026, issued by Dubai Customs…
Turkish steel producer Kardemir has reduced domestic rebar prices in its latest sales round. The company is offering 12-32 mm rebar at TRY 26,675 (USD 573) per ton EXW, excluding VAT, down from TRY 26,875 (USD 583) per…
Turkish steel producer Kardemir has announced its planned sales volumes for Q3 2026, increasing the share of finished steel products while reducing semi-finished steel allocations compared with the previous quarter…
Egypt's Suez Steel has successfully completed the CARES Sustainable Constructional Steel (SCS) surveillance audit and achieved a 2 Rosette Rating under the CARES Rosette Rating System. The company said the rating…
Turkish steel producer Kardemir has lowered domestic wire rod prices amid continued pressure on long steel markets. According to the company's latest price list, 5.5 mm SAE 1006 grade wire rod is being offered at USD…
Turkish steelmaker Kardemir has signed a master supply and resale agreement with U.S.-based Amsted Rail, establishing a strategic partnership for the global marketing and distribution of railway products. The agreement…
UAE-based EMSTEEL Group has supplied 3,000 tons of its high-strength ES600 rebar for the Sobha Hartland 2 residential development in Dubai, further expanding the use of the advanced steel grade across major construction…
India's pipe manufacturer Man Industries and its Saudi Arabian subsidiary National Pipe Company (NPC) have secured new pipe supply orders worth a combined INR 10 bln (USD 106 mln). According to a stock exchange filing…
India's Jindal Saw Ltd is exploring plans to establish a steel pipe manufacturing facility in Algeria, according to the Algerian Investment Promotion Agency (AAPI). The proposal was discussed during a meeting between…
Crude steel production in the Middle East declined by 19.4pct YoY to 3.9 mln tons in May 2026, according to data from the World Steel Association. As a result, regional crude steel production during the January-May…
Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS)…
Pakistan imported 233,954 tons of finished steel products in May 2026, down 33.3pct compared with the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Imports also declined by…
Saudi Arabia's infrastructure and engineering contractor Keir International Company has signed a strategic cooperation agreement with Metsco Heavy Steel Industries Company valued at SAR 130 mln (USD 34.7 mln) to support…
UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED 100 (USD 27) per ton to AED 2,921 (USD 795) per ton EXW…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was driven almost…
Turkish steel producer Kardemir has signed a USD 2.25 mln railway wheel supply contract with a customer operating in the Czech Republic, according to the company's stock exchange filing. The company said the first…
UAE's Emirates Building Systems (EBS) has been awarded the design, fabrication and erection contract for the steel structure works of a new light industrial building in Aviation City, Dubai South. The project comprises…
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the market. HMS 1&2 (80:20) import prices were assessed at…
Morocco's Ministry of Industry and Trade has initiated a review investigation into the possible extension of safeguard measures currently applied to imports of welded iron and steel tubes and pipes. The investigation…