Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,421 news items in ME Steel News. Show all
UAE-based EMSTEEL has adopted SAP's RISE with SAP solution as part of a broader digital transformation program aimed at enhancing operational efficiency, scalability, and data-driven decision-making across its business…
Turkey imported 6.6 mln tons of ferrous scrap during the first four months of 2026, up slightly compared with the same period last year, according to data from the Turkish Statistical Institute. The United States…
UAE-based EMSTEEL has launched ES600, a high-strength steel rebar grade that the company says is the highest-strength rebar currently produced in the country. The product was officially introduced during EMSTEEL's…
Egypt's Iron & Steel for Mines & Quarries (ISMQ) reported a net profit after tax of EGP 229.3 mln (USD 4.42 mln) for the first nine months of fiscal year 2025/26, down 47pct from EGP 432.0 mln recorded in the…
Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the federal budget for FY2026/27 to support the…
AD Ports Group has signed memoranda of understanding (MoUs) with major UAE steel and industrial producers, including EMSTEEL Group, Al Ghurair Iron & Steel, and Tenaris, as part of plans to establish a rail-linked…
Turkey-based Borusan Pipe has announced that its US subsidiary, Borusan Berg Pipe, secured new sales orders worth approximately USD 742 mln in the United States, according to a stock exchange filing. The orders were…
Saudi Arabia's Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. have announced separate contracts for the supply of steel pipes to Saudi Aramco, with a combined value of approximately SAR 127 mln (USD 33.9 mln). Saudi…
Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) has announced that its subsidiary, BAAS Gulf Industry Company (Valves Plant), has signed a supply contract with Harbin Electric International…
Pakistani flat steel producers International Steels Limited (ISL) and Aisha Steel have increased domestic prices for cold rolled and galvanized steel products by PKR 3,000 (USD 11) per ton, marking their second price…
Crude steel production in the Middle East declined by 27.6pct YoY to 3.7 mln tons in April 2026 amid continued disruptions linked to regional tensions, according to data from the World Steel Association. As a result…
CIM Steel Industry LLC, Rhino Steel Industry LLC, and Metal Care Center Factory LLC have launched an integrated steel manufacturing and processing project in Umm Al Quwain Industrial City, UAE, with production…
India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi subsidiary Man International Steel Industries Company…
Turkey's imported scrap prices softened slightly this week as steel mills maintained cautious purchasing amid weak finished steel demand and squeezed profit margins. HMS 1&2 (80:20) import prices were assessed at around…
Turkish steel producer Kardemir has increased domestic rebar prices in its latest sales round announced on May 21. The company set prices for 12-32 mm rebar at TRY 26,960 (USD 590) per ton EXW, compared with TRY 26,815…
UAE-based Emirates Steel, part of EMSTEEL Group, has increased rebar prices for June production. The company raised rebar prices by AED 100 (USD 27) per ton to AED 2,821 (USD 768) per ton EXW, excluding 5pct VAT. Market…
Pakistan's National Tariff Commission (NTC) has initiated an antidumping investigation into imports of cold rolled-based color coated steel coils and sheets originating in and/or exported from China following a…
Pakistan imported 217,192 tons of steel scrap in April 2026, down by nearly 26pct compared with 292,945 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However…
Pakistan imported 327,416 tons of finished steel products in April 2026, down by 16.2pct compared with the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However, finished steel…
Saudi steel pipe producer Arabian Pipes Company (APC) has signed a contract with Saudi Aramco for the manufacturing and supply of steel pipes. The contract is valued at around SAR 48 mln (USD 12.8 mln) and has a…
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