Turkish steel mills returned aggressively to the deep-sea scrap market in late March after a period of cautious buying following tensions in the Middle East, according to the latest BIR World Mirror on Ferrous Metals…
Turkish steel producer Diler Holding announced the successful production of 30 mm diameter silicon-alloyed, heat-treatable spring steel wire rod in cold heading quality for high-performance spring and fastener…
Bahrain's Arab Shipbuilding and Repair Yard (ASRY) and India's Priya Blue Group have officially launched a joint venture for ship recycling operations following the arrival of the first vessel for recycling in Bahrain…
Turkey exported around 256,000 tons of wire rod in the first quarter of 2026, down by 11pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination for…
Pakistan's flat steel producer Aisha Steel Mills Limited (ASML) has partnered with KuickApp to strengthen its digital transformation and process automation capabilities across the organization. Under the agreement…
Pakistan's Special Investment Facilitation Council (SIFC), a government initiative established in 2023 to act as a single-window platform for attracting and facilitating domestic and foreign investment, has stepped in…
Libyan Iron and Steel Company (LISCO) has awarded a contract worth more than USD 3 mln to Bosnian engineering company Energoinvest for the construction of power supply facilities in Misrata, Libya. The project will be…
Swiss-based steel trading and industrial group Trasteel Holding has formed a 50:50 joint venture with UAE-based Al Qalaa International Group to expand steel trading, project development, industrial services, and…
Turkey's rebar exports remained almost stable in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country exported around 1.07 mln tons of rebar during the January-March…
Turkish steel pipe producer Erciyas Celik Boru will manufacture a total of 342 strut pipes for the fourth phase of the Korfezray Metro project, which is being developed by Kocaeli Metropolitan Municipality in…
Dubai-based airline Emirates has broken ground on a new USD 5.1 bln engineering complex at Dubai South, which is set to become one of the world's largest and most advanced aircraft maintenance, repair, and overhaul…
Shyam Middle East Resources FZ-LLC, part of India's Shyam Steel Group, is establishing a new non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ)…
Turkish steel producer Kardemir reported a net profit of TRY 24.5 mln (USD 0.54 mln) in the first quarter of 2026, compared with a net loss of TRY 1.94 bln (USD 42.55 mln) recorded in the same period last year. The…
Turkey's billet imports increased sharply in the first quarter of 2026, according to data from the Turkish Statistical Institute (TUIK). The country imported around 1.27 mln tons of billet during the January-March…
Turkish stainless steel service center Nikel Paslanmaz announced plans to invest around USD 154 mln in new projects as the company targets 30pct growth in 2026 despite challenging market conditions, according to the…
Morocco's Ministry of Industry and Trade has recommended the imposition of definitive antidumping duties on imports of cold rolled steel sheets originating from Egypt following the conclusion of its antidumping…
Jindal Steel has signed an investment agreement with Suhar Industrial City in Oman to develop an integrated iron and steel project with an estimated investment of OMR 150 mln (USD 390 mln). The project will be located…
Turkey's imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS 1&2 (80:20) import prices were assessed at around…
Pakistan's flat steel producers International Steels Limited (ISL) and Aisha Steel increased domestic prices for cold-rolled and galvanized steel products by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1…
Saudi Arabia's based East Pipes Integrated Company for Industry (East Pipes) reported record financial results for the fiscal year ended March 31, 2026, supported by strong contract execution and higher demand from the…