The European Commission has proposed excluding Pakistan, Egypt, Saudi Arabia, Oman, Morocco and Tunisia from the list of non-OECD countries authorized to receive metal waste from the EU, potentially restricting steel…
UAE's EMSTEEL has been named a finalist in two categories of the World Steel Association's 2026 Steelie Awards, recognizing its work in process and product innovation and life cycle assessment. The company is…
Turkish HRC prices have remained firm over the past two weeks, with domestic and export markets supported by limited supply and a generally positive market outlook. Domestic HRC prices remain at USD 625-635 per ton EXW…
Saudi Aramco has awarded separate steel pipe supply contracts to Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co., with a combined value of around SAR 168.8 mln (USD 45mln). SSP secured a SAR 72.8 mln (USD 19.4 mln)…
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy rate applied to the Ezz Group and all other Egyptian exporters. The…
The US Department of Commerce has determined a 1.89 pct weighted-average dumping margin for Turkish large diameter welded pipe producers HDM Celik Boru and Cimtas Boru for the May 1, 2024-April 30, 2025, period. The…
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales. MESTEEL assessed HMS 1&2 (80:20) at USD 400…
Saudi Arabia's HRC market remains slow, with cautious buying and logistics constraints continuing to weigh on import activity amid the current regional situation. Chinese HRC offers are currently heard at around USD…
Turkey's billet imports increased 28 pct YoY to around 3 mln tons in the first seven months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained the largest supplier, accounting for…
Saudi Arabia's East Pipes Integrated Company for Industry has signed a contract worth more than SAR 46 mln (USD 12.3 mln), including VAT, with Saudi Arabian Oil Co. (Aramco) to manufacture and supply steel pipes. The…
Saudi Arabia Railways (SAR) has signed contracts with Progress Rail and Greenbrier to manufacture and supply 33 new freight locomotives and 782 freight cars to support the Phosphate 3 expansion project. The Phosphate 3…
Middle East crude steel production declined 4.6 pct YoY to 3.7 mln tons in August 2026, according to World Steel Association data, with the pace of decline easing from 13.4 pct in July. During the January-August period…
Saudi Arabia's imports of Chinese HR steel totaled 1.49 mln tons in January-August 2026, down 4.7 pct YoY, despite significant disruptions to shipping routes and vessel availability during the period. August imports…
Turkish steelmaker Ekinciler Demir ve Celik Sanayi has signed a turnkey contract with Aldo Enerji Sanayi for the installation of two ground-mounted solar power plants with a combined capacity of 42 MWp in Sanliurfa. The…
Pakistan's Agha Steel Industries reported a loss after taxation of PKR 4.74 bln (USD 17.1 mln) for the financial year ended June 30, 2026, compared with a loss of PKR 7.21 bln (USD 25.9 mln) a year earlier. The…
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan to increase domestic prices from October 1, following several months of…
UAE steel exports to the US fell 38.3pct YoY to 129,626 tons in Jan-Jul 2026, with shipments dropping sharply from April as disruptions to Gulf shipping affected cargo movements and raised freight costs. UAE exports had…
Egyptian steel re-roller Metad Helwan for Metal Rolling plans to list a 15-30pct stake on the Egyptian Exchange (EGX) in the second half of 2027, with the company targeting proceeds of around EGP 1 bln (USD 19.45 mln)…
Chinese manufacturer Windus Enterprises Inc. has secured an order to supply super duplex stainless steel seamless pipes for the desalination and industrial water system supporting Saudi Aramco's Jafurah gas project in…
China National Offshore Oil Engineering Co. (COOEC) has broken ground on the Bul Hanine EPIC project in Qatar, its largest international offshore project, with a total contract value of USD 4 bln, according to news…