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
Turkey's crude steel production increased by 5.3pct YoY to 9.74 mln tons in the first quarter of 2026, according to data from the Turkish Steel Producers' Association. Billet output declined by 1.6pct YoY to 5.74 mln…
Abu Dhabi-based Arabian Gulf Steel Industries LLC (AGSI) has signed a memorandum of understanding with real estate developer Fakhruddin Properties to support the use of low-carbon steel in upcoming developments. Under…
Jordan-based Arabian Steel Pipes Manufacturing Company reported higher net profit for the three months ended 31 March 2026, despite a decline in revenue, according to its unaudited financial statement. Revenue fell by…
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import prices were assessed at USD 405 per ton CFR, up USD 5 per ton…
Crude steel production in the Middle East declined by 33.5pct YoY to 3.5 mln tons in March, as escalating regional tensions weighed on output. As a result, regional production in the first quarter of 2026 fell 9.3pct…
Jindal Pelletizing LLC (JPL), a subsidiary of Jindal Steel Oman, has commenced pellet shipments to customers across the GCC, marking its entry into the regional export market. The company said the first dispatch…
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp increase in earnings for the first half of FY26 ended December 31, 2025. The company's net profit rose to PKR 2.58 bln (USD…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid ongoing cost pressures linked to Middle East disruptions. Rebar…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
EMSTEEL Group has maintained price stability to support market resilience and ensure continuity of supply across key steel and building materials products. The move underscores the company's focus on stable domestic…
Turkey's Tosyali Holding is advancing its global expansion strategy, including plans to begin production of automotive-grade steel at its Algerian facility in the third quarter of 2026 as part of a USD 2.5 bln…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production. The company maintained its rebar price at AED 2,721 (USD 741) per ton ex-works, excluding 5pct VAT. Market sources…
Crescent Steel and Allied Products Limited reported net income of PKR 770.9 mln (USD 2.76 mln) for the first nine months of FY26 ended March 31, 2026, compared with PKR 332.79 mln in the same period last year. Revenue…
Saudi Arabia's Al Yamamah Steel Company has been awarded two contracts by Expo 2030 Riyadh Co. for infrastructure and core utilities works at the Expo 2030 Riyadh site. The scope includes development of essential…
Turkey's Steel Exporters Association (CIB) has appointed Ugur Dalbeler as chairman, succeeding Adnan Aslan, who completed two terms in the role. At the general assembly, Aslan said the Turkish steel sector maintained…
Saudi billet producer Al Qaryan Steel has obtained certification for its billets under the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), issued by CARES. The certifications, valid…
UAE-based steel and building materials producer EMSTEEL Group has supplied around 1,100 tons of low-carbon Z-type sheet piles for a new distribution centre for Aldi in the UK. The material was delivered through Sheet…
Pakistan imported 208,764 tons of steel scrap in March 2026, down 29.7pct YoY from 296,929 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However, imports increased by…
Pakistan imported 252,226 tons of finished steel products in March 2026, down 20pct YoY, according to data from the Pakistan Bureau of Statistics (PBS). Imports also declined by 41pct compared with the previous month…
Vale reported a 4.8pct YoY decline in iron ore pellet production at its Oman operations in the first quarter of 2026, reflecting maintenance activity and disruptions linked to the ongoing Middle East conflict. Output at…
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