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
Saudi Arabia-based Al Yamamah Steel Industries Co. reported higher financial results for the six-month period ended March 31, 2026, supported by increased sales in the electricity and renewable energy sectors. The…
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel demand. HMS 1&2 (80:20) import prices were assessed at USD…
Ezz Flat Steel (EFS) awarded Danieli a contract for the modernization of the Quality Strip Production (QSP) casting and rolling complex at its Ain Sokhna facility in Egypt. The QSP complex, originally supplied by…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, announced its financial results for the first quarter of 2026. The company's net sales revenue declined by 15.1pct YoY to SAR 385 mln (USD 102.6…
EMSTEEL, one of the region's major steel and building materials producers, announced several agreements focused on decarbonization, digitalization, logistics, and industrial development during Make it in the Emirates…
Al Gharbia Pipe Company (AGPC), a UAE-based producer of longitudinally submerged arc welded (LSAW) steel pipes, partnered with telecom and digital services provider du to deploy Industrial AI Vision technology across…
Turkish steel profile producer Kocaer Steel reported lower financial results for the first quarter of 2026, mainly due to weaker export sales and challenging global market conditions. According to the company's interim…
Khalifa Economic Zones Abu Dhabi (KEZAD) signed several agreements with downstream industrial companies during Make it in the Emirates 2026, supporting industrial expansion and expected to increase steel consumption in…
Global commodities trader Trafigura entered exclusive negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) to develop a new primary aluminum smelter project in…
Global pipe producer Tenaris expects lower shipments in the Middle East during the second quarter of 2026 due to disruptions linked to the Iran war and the prolonged closure of the Strait of Hormuz, while the company…
Kardemir has reduced wire rod prices, according to its latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD 632 per ton EXW, while SAE 1008-1010 grades are priced at USD 622 per ton EXW. Both…
Turkey's steel exports decreased by 6.8pct YoY to 3.5 mln tons in the first quarter of 2026, while export revenues fell by 9.4pct to USD 2.3 bln, according to the Turkish Steel Producers' Association (TCUD). In March…
Turkey imported 4.7 mln tons of ferrous scrap in the first quarter of 2026, up 0.85pct YoY, according to the Turkish Statistical Institute. The United States remained the largest supplier, with shipments of 981,400…
Advanced Building Industries Company (Senaat) has announced that its Egyptian subsidiary, Zamil Structural Steel Company, has signed a contract with Qatar-based Elegancia Steel Company for the design, manufacture and…
Egypt's Ezz Steel has maintained rebar prices unchanged in the domestic market despite the recent increase in gas tariffs. The company kept its rebar price at EGP 39,850 (USD 741) per ton EXW, inclusive of 14pct VAT…
Moroccan Ministry of Industry and Trade has notified the extension of its safeguard measure on imports of hot-rolled steel, maintaining an additional duty of 19pct under WTO rules. The measure, which applies to…
UAE's steel and building materials producer EMSTEEL Group has received the Quality and Compliance Award at Make it in the Emirates 2026, recognizing its standards in manufacturing quality, regulatory compliance and…
Tubacex Group and Mubadala Investment Company have announced the full operational launch of their joint venture in Abu Dhabi, marking the start of a regional manufacturing platform for advanced oil country tubular goods…
CSCEC Middle East Steel Industries has signed an agreement to set up a structural steel fabrication facility in Khalifa Economic Zones Abu Dhabi (KEZAD). The company will invest about USD 27 mln in the project, which…
Indian pipe manufacturer, Jindal Saw Limited has reported disruptions to its Middle East-linked business in Q4 FY26, as the ongoing regional conflict has affected exports, logistics and operations. The company said a…
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