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
Arabian Steel Pipes Manufacturing Company reported improved financial performance for the year ended 31 December 2025, with both revenue and net profit rising YoY, according to its audited financial statements The…
Beco Steel Limited has commenced installation of a 5-megawatt solar power plant, aimed at reducing energy costs and improving operational efficiency, the company said. The contract for the installation of solar panels…
Turkey imported 4.3 mln tons of billets in 2025, up 16pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the largest billet supplier to Turkey last year, shipping 1.05 mln tons…
Erdemir, a subsidiary of Oyak, will supply around 40,000 tons of steel for the construction of the Turkish Navy's first aircraft carrier, MUGEM, according to Oyak. MUGEM is Turkey's first indigenous aircraft carrier…
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons, according to company data. In the fourth quarter of 2025, pellet production in Oman…
Tenaris has secured first place in the small and medium manufacturers category at the 2026 Saudi Aramco Local Manufacturers Quality Awards, recognizing its performance in quality, engineering and operations in Saudi…
EMSTEEL reported solid preliminary (unaudited) results for 2025, supported by favourable UAE market conditions and higher sales volumes across its core businesses. Group revenue rose 7pct YoY to AED 8.9 bln (USD 2.42…
Turkey's Mazlum Steel Pipes has won a steel pipe supply contract from Botas for the Kuluncak-Elazig natural gas pipeline project in eastern Turkey. Botas collected bids for the tender on January 22, 2026, with four…
Saudi Arabia's electric vehicle maker Ceer has announced a major expansion of its domestic supply chain, signing 16 commercial agreements worth more than USD 1 bln. The agreements support Ceer's localization strategy…
Turkey imported 3.9 mln tons of HRC in 2025, up 8pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier, accounting for 1.36 mln tons, followed by Russia with…
Miilux Oy, a subsidiary of Oyak, has completed the acquisition of Haggblom from Metso, following regulatory approvals. The agreement was signed in December, when Metso announced the divestment of its loading and hauling…
Saudi Arabia's Al Yamamah Steel Industries Co. reported a net profit of SAR 37.6 mln (USD 10 mln) for the October-December 2025 period, up sharply from SAR 4.59 mln a year earlier. The company attributed the strong…
Saudi Arabian Railways has signed an agreement with Talgo to purchase 20 new high-speed trains to expand the fleet serving the Haramain high-speed railway linking Mecca, Medina and Jeddah. Under the contract, Talgo will…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand and cautious buying continued to weigh on the market. Turkey's scrap import prices were assessed steady at USD 370-375 per…
Turkey exported 907,300 tons of wire rod in 2025, down nearly 1.4pct YoY from 919,900 tons in 2024, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest destination, absorbing…
Turkish integrated steel producer Kardemir has appointed Sabri Kilic as its new deputy general manager of operations, according to a stock exchange filing. He succeeds Ahmet Aycan, who stepped down from his role as…
Emirates Water and Electricity Company (EWEC) said the Al Ajban Solar PV Independent Power Project has installed its first solar panel, marking the start of the main construction phase. The project is being developed…
Turkey exported 4.1 mln tons of rebar in 2025, up 21pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest destination, receiving around 700,000 tons. It was followed by…
Pakistan-based Crescent Steel and Allied Products Limited reported a 1pct YoY increase in net profit to PKR 679.73 mln (USD 2.42 mln) for the first half of FY26 ended December 31, 2025, compared with PKR 672.98 mln a…
The UAE's Etihad Rail has awarded design-and-build contracts for the civil works and station packages of the high-speed rail line linking Abu Dhabi and Dubai, according to a MEED report. The Abu Dhabi section of the…
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