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
Jindal Steel Duqm LLC has received a 935-ton reactor at the Port of Duqm, with the heavy-lift operation handled by Kanoo Shipping, a major ship service provider in the Middle East. The operation was carried out under…
BelRemaitha Steel Factory (BR Steel), based in Ajman, has completed its first commercial export shipment of 1,000 tons of steel billets to Saudi Arabia, marking a key milestone following months of operational testing…
Saudi-based Riyadh Steel reported lower revenue but higher net profit in 2025, according to a filing on the Saudi Exchange. The company's revenue declined 7pct YoY to SAR 151.16 mln (USD 40.3 mln) in 2025, compared with…
Pakistani flat steel producer International Steels Limited (ISL) has increased its galvanized steel prices by PKR 5,000 (USD 18) per ton. Following the adjustment, the company's galvanized coil in 1 mm thickness is now…
Turkey's HRC imports plunged in January 2026, according to data from the Turkish Statistical Institute (TUIK). The country imported 127,200 tons of HRC during the month, down 70pct YoY and about half compared with the…
Saudi Arabia-based East Pipes Integrated Company for Industry has approved the establishment of a new external steel pipe coating line at its pipe coating plant in the Second Industrial City in Dammam. The project…
Riyadh Steel Company has appointed Eng. Abdullah Radhwan Ali as Chief Executive Officer, effective March 12, after its Board of Directors approved the termination of his assignment as acting CEO, the company said in a…
Turkey's scrap import prices edged slightly higher this week as rising freight costs supported seller sentiment amid the ongoing Middle East conflict. Scrap import prices were assessed at USD 375 per ton CFR, up from…
UAE-based steel and building materials producer EMSTEEL reported improved operational performance in 2025, supported by strong domestic demand and higher finished steel production. The company's crude steel production…
UAE-based Arabian Gulf Steel Industries (AGSI) has secured a Sustainable Finance Working Capital Facility from Ajman Bank, further strengthening its sustainable finance framework and supporting its green steel strategy…
The Islamic Corporation for the Development of the Private Sector (ICD), a Saudi-based member of the Islamic Development Bank Group, plans to arrange up to USD 900 mln in Sharia-compliant financing to support the…
Gulf countries including the UAE, Saudi Arabia and Oman are activating alternative logistics corridors and port capacity to maintain cargo flows as regional conflict threatens shipping through the Strait of Hormuz, one…
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…
Turkey's Koc Group has joined the shareholder base of Swedish green steel producer Stegra as part of a new capital increase aimed at financing construction of the company's hydrogen-based steel plant in Boden, northern…
The United Arab Emirates and Japan have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking Japan's first such deal with an Arab country and aimed at strengthening trade…
Turkish steelmaker Kardemir has raised prices for semi-finished and long steel products in its latest sales round, testing market sentiment amid rising costs linked to tensions in the Middle East. The company increased…
Turkey's Ministry of Trade has identified significant dumping margins on imports of certain flat steel products from China and South Korea following an anti-dumping investigation covering cold-rolled flat steel…
Colakoglu Metalurji, based in Dilovasi, Turkey, has upgraded its electric arc furnace (EAF) in partnership with Primetals Technologies, introducing advanced technologies aimed at improving efficiency and operational…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has determined that increased imports of certain flat steel products have caused serious injury to the domestic industry, according to a…
Turkey exported 36,900 tons of wire rod in January 2026, down 33pct YoY, according to data from the Turkish Statistical Institute (TUIK). Exports also more than halved compared with the previous month, when shipments…
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