Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,424 news items in ME Steel News. Show all
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…
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of China's total billet exports, customs data showed. Based on exports…
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier…
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp improvement in earnings for the first half of FY26 ended December 31, 2025. The company's net profit rose 80pct YoY to PKR…
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced in Oman using Chinese-origin HR steel, Commerce said…
Spanish engineering firm IDOM has announced that it is developing the front-end engineering design (FEED) phase for the flat products expansion project of Saudi Iron and Steel Company (Hadeed). Although details were…
South Korea's Ssangyong Engineering & Construction has secured a USD 250 mln contract to construct two high-rise residential towers under the Avenue Park Tower development in Downtown Dubai. The project has been awarded…
Turkey's steel sector closed 2025 with higher exports and production, supported by a recovery in domestic consumption in the second half, despite rising financing costs, aggressive import competition and mounting…
The Algerian government has officially launched the 950-km Bechar-Tindouf-Gara Djebilet mining railway, a major infrastructure project designed to support the development of the Gara Djebilet iron ore mine. The railway…
UAE's EMSTEEL Group has launched the region's first advanced steel crane simulator, aimed at improving operational safety, workforce training, and the use of digital technologies in industrial operations. The simulator…
UAE's Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments PJSC, has commissioned a new high-capacity roll bending machine as part of efforts to enhance its structural steel fabrication…
Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) has strengthened its financial position by renewing and securing multiple credit facilities with local banks, according to a stock exchange…
Turkey's scrap import prices remained unchanged this week as weak finished steel demand continued to curb buying appetite among steelmakers. Scrap import prices were assessed stable at USD 370-375 per ton CFR. Turkish…
Morocco's Ministry of Industry and Trade has launched a review investigation to assess whether the safeguard measure on imports of hot-rolled flat steel products should be extended. The move follows a request submitted…
Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, reported a world record monthly rebar production of 158,460 tons in December 2025, achieved with zero safety incidents. The…
International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial performance for the first half of FY26 ended December 31, 2025, according to its interim financial statement. The…
Turkish steelmaker Kardemir has launched a new rebar sales round, offering lower prices compared with its previous round in November. Under the latest price list, rebar in 12-32 mm sizes is offered at TRY 23,915 (USD…
Tenaris has been awarded a contract to supply line pipe, casing, coating and related services for the third phase of the Sakarya gas field project, operated by Turkiye Petrolleri Anonim Ortakligi (TPAO) in the…
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