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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

Wire rod exports decline in Q1 2026

Turkey Turkey

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…

Rebar exports remain stable in Q1 2026

Turkey Turkey

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…

Kardemir returns to profit in Q1 2026

Turkey Turkey

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…

Billet imports rise sharply in Q1 2026

Turkey Turkey

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…

ISL, Aisha Steel raise flat steel prices

Pakistan Pakistan

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…

East Pipes reports record FY26 earnings

Saudi Arabia Saudi Arabia

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…

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