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
BAZ International Industry Co. has signed a memorandum of understanding (MoU) with SAAL Industrial Technology Co., a subsidiary of China's Baotou City Joyun Co., to cooperate in steel pipe manufacturing technologies…
Turkey's scrap import prices continued to firm this week, reaching around USD 400 per ton CFR, up from USD 390-400 per ton last week. Some offers, particularly from U.S. suppliers, were heard above USD 400 per ton. The…
Turkey imported 3.1 mln tons of ferrous scrap in the first two months of 2026, up 3.3pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained the largest supplier, shipping…
Iran's Mobarakeh Steel Company (MSC) has halted all production operations following a series of airstrikes by U.S. and Israeli forces, according to company statements and media reports. The Isfahan-based steelmaker…
Egypt's Ministry of Investment and Foreign Trade has concluded its anti-dumping investigation into imports of cold-rolled, galvanized and pre-painted steel sheets from China and Turkey without imposing duties. The…
Turkey's steel exports fell 13.5pct YoY to 2 mln tons in the first two months of 2026, while export revenues declined 15.2pct to USD 1.3 bln, according to the Turkish Steel Producers' Association (TCUD). In February…
The U.S. Department of Commerce has issued a final affirmative countervailing duty (CVD) determination on steel rebar imports from Algeria, finding that exporters benefited from government subsidies. Commerce determined…
Pakistan's Dost Steels Limited (DSL) has reported progress on its financial and operational restructuring, following a settlement agreement with its syndicate lenders, according to a company filing. The company has…
Turkish steelmaker Kardemir has increased prices for billet and rebar in its latest sales round. Billet prices were raised by USD 35-40 per ton compared to the previous month, with S235JR grade now offered at USD 540…
Pakistan's flat steel producers, International Steels Limited (ISL) and Aisha Steel, have increased domestic prices for cold-rolled and galvanized steel by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1 mm…
Iranian steel producers Mobarakeh Steel Company and Khuzestan Steel Company have been targeted in a second wave of U.S./Israel airstrikes, according to media reports, with the latest attacks hitting internal production…
Egypt's Ministry of Investment and Foreign Trade has imposed a definitive safeguard duty on billet imports to protect the domestic steel industry. According to the Trade Remedies Sector (TRS), the duty will be set at…
Turkish coated steel exports to the UK face tighter quota limits following a review by the UK's Trade Remedies Authority (TRA). According to the notice, the TRA has recommended introducing a country-specific quota for…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries. Its rebar prices (12-32 mm) have been raised by SAR 100 (USD 27) to SAR 2,460 (USD 656) per…
Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in profit for 2025, according to a stock exchange filing. Net profit fell by more than 94pct YoY to SAR 611,264 (USD 163,004), while revenue declined…
Meranti Green Steel said its low-carbon iron project in Oman remains on track despite ongoing regional tensions, with no expected impact on delivery timelines. CEO Sebastian Langendorf said commissioning is planned for…
The Middle East steel industry is increasingly being drawn into the ongoing regional conflict, with escalating hostilities heightening uncertainty across energy, logistics and industrial supply chains. According to…
Saudi Steel Pipe Co. (SSP) has secured a contract for the supply of oil and gas steel pipes to Saudi Aramco, according to a Tadawul statement. The 12-month contract is worth around approximately SAR 127 mln (USD 33.8…
Saudi Arabia's Molan Steel has settled its long-running dispute with Yara International over Mayar International, bringing the multi-year case to a close, the company said in a stock exchange filing. A final…
Turkey's scrap import prices increased sharply this week, reaching around USD 390-400 per ton CFR, up from USD 375 per ton before the Eid holidays. The rise was driven by higher freight and energy costs linked to Middle…
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