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
Mobarakeh Steel Group, Iran's largest steel producer, has achieved a milestone with the first domestic production of S650MC high-strength hot-rolled steel sheet, marking a major step in localizing advanced…
Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production. The company increased rebar prices by AED 73 (USD 20) per ton, taking the new price to AED 2,721 (USD 741) per ton EXW…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has formally notified the World Trade Organization (WTO) of the findings underpinning its safeguard action on hot-rolled flat steel…
Saudi Arabia's Arabian Pipes Company (APC) reported a 34.3pct YoY decline in net profit for 2025, according to a stock exchange filing. The company's net profit fell to SAR 110.47 mln (USD 29.4 mln) from SAR 168.18 mln…
Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments, has been awarded the design, fabrication and installation of the complete steel structure for Eaton's new advanced manufacturing and…
The latest quarterly report from the Bureau of International Recycling (BIR) shows global ferrous scrap markets starting 2026 on a firmer footing, with supply constraints contributing to early-year price gains. Turkey…
The board of Saudi Steel Pipe Company has approved the initiation of voluntary liquidation procedures for its wholly owned subsidiary, Titanium & Steel Manufacturing Co. Ltd. (TSM Arabia), which has a capital of SAR 32…
China's Jingdong Steel has completed 60pct of construction on its USD 500 mln steel plates and pipes manufacturing plant in the Dhraa El Hadja industrial zone in M'sila province, according to the Algerian Investment…
Metal Park has signed a strategic national alliance with the World Steel Association (worldsteel) and Steeluniversity, the association's learning and training platform, to establish the Middle East's first integrated…
APT Global plans to invest around AED 50 mln (USD 13.6 mln) to develop a 700,000-sq-ft fabrication facility at RAK Maritime City, significantly expanding fabrication-led capabilities linked to RAK Ports under the Saqr…
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers held firm on prices due to tight availability and higher…
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited financial results. The company's net profit rose 35pct YoY to OMR…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, reported resilient financial results for the year ended 31 December 2025, supported by strong cash flow generation and a marked improvement in…
India's Lloyds Metals and Energy Limited has incorporated a step-down subsidiary, Virtus Lloyds Resources FZCO, in the Dubai Multi Commodities Centre (DMCC) Zone, United Arab Emirates, following its recent intimation…
Interpipe has supplied railway wheels for high-speed passenger trains in Turkey, the company said in a press release. The company delivered 850 mm railway wheels for the HT 65000 high-speed trains, which operate at…
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…
Turkey's steel industry is recalibrating its export strategy in response to weak global demand, rising protectionism and intense price competition, with exporters increasingly focusing on nearby markets and value-added…
Noksel Steel Pipe has won the Mersin-Mut Natural Gas Pipeline steel pipe procurement tender finalized by Petroleum Pipeline Transportation Inc. (Botas), submitting a bid of TRY 2.69 bln (USD 61.4 mln), according to…
Bildco Reinforcing Steel Services, a subsidiary of Abu Dhabi National Building Materials Company, has signed a five-year joint management and operation agreement with CIEC Group to operate and upgrade its cut and bend…
Saudi Arabia's Tahweel Metal Industry Company (TMIC) has signed a contract with SMS group for the engineering, manufacture and supply of a six-high aluminum cold rolling mill to produce high-quality aluminum strip. The…
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