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
Meranti Green Steel has secured full offtake coverage for the first module of its green hot briquetted iron (HBI) plant in the Duqm Special Economic Zone, marking a key commercial milestone for the project. The…
Saudi Steel Pipe Company (SSP) said its consolidated subsidiary, Global Pipe Company (GPC), has signed a contract with Subsea 7 Saudi Arabia for the supply of line pipe for an offshore redevelopment project. The…
Crescent Steel and Allied Products Limited has secured a contract from Sui Northern Gas Company Limited (SNGPL) for the supply of assorted bare steel line pipes, according to a filing with the Pakistan Stock Exchange…
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 5 per ton compared with its previous offers issued on January 7, 2026. Under the latest offer, the company's S235JR billets are…
Turkish steel producer Koc Metalurji announced a temporary production shutdown at its steel mill in Osmaniye as part of planned maintenance and efficiency improvement works. The shutdown is scheduled to last around 15…
Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments PJSC, has secured a major contract to deliver the complete structural steel package for the Sayyid Tarik Bin Taimur Cultural Complex, one…
Saudi Arabia's Ministry of Industry and Mineral Resources has introduced a national licensing framework for the waste recycling industry as part of efforts to attract up to USD 10.7 bln in private investment. The…
Tosyali Algerie has set a new world record for annual direct reduced iron (DRI) output from a single direct reduction module, producing 2.43 mln tons in 2025 from its Module 2 during the unit's first year of operation…
EMSTEEL, the UAE's largest steel and building materials producer, has sold its non-core Anabeeb division to Khansaheb Group, as part of a strategy to streamline its portfolio and focus on core operations. The…
Dana Gas and Crescent Petroleum, together with partners in the Pearl Petroleum Consortium, have signed long-term Gas Sales Agreements (GSAs) to supply natural gas to major industrial users, with steel production a key…
Turkey's construction sector confidence index rose 1.5pct month on month to 85.7 in January 2026, according to data from the Turkish Statistical Institute (TUIK), although the reading remains below the optimism…
Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for February sales. Rebar prices for 12-32 mm sizes were raised by SAR 70 (USD 19) to SAR 2,260 (USD 603) per ton, while wire rod…
Crude steel production in the Middle East rose 4.3pct YoY in 2025 to 56.9 mln tons, while Africa recorded 3.8pct growth to 23.2 mln tons, according to data from the World Steel Association. Middle East output reached…
Ezz Steel, Egypt's largest steelmaker, is considering investment projects of around USD 1.1 bln over the next two years to expand production capacity, despite headwinds from global protectionist measures, its chief…
Mughal Iron & Steel Industries Limited (Mughal Steel) has retained its long-term 'A+' and short-term 'A1' entity ratings, with a stable outlook, according to VIS Credit Rating Company. VIS cited Mughal Steel's strong…
Turkey's imported scrap market remained firm but largely sideways this week, with prices assessed unchanged at USD 370-375 per ton CFR, as tight supply conditions offset cautious buying by Turkish steel mills. Scrap…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for February production. The company maintained its rebar price at AED 2,648 (USD 721) per ton EXW, excluding 5pct VAT. Headquartered in…
The U.S. Department of Commerce has decided to impose a 29.51pct countervailing duty (CVD) on imports of steel reinforcing bars (rebar) from Egypt, citing preliminary findings that Egyptian producers and exporters…
India's Jai Dadi Group plans to invest USD 16 mln to develop a ferro-alloys project in East Ismailia, Sinai, within the Suez Canal Economic Zone (SCZONE), the authority said. The investment agreement for the Nile Ferro…
Pakistan and Russia are targeting 2027 to begin construction under the Pakistan Steel Mills (PSM) revival and expansion project. The update was shared during a meeting of the Public Accounts Committee sub-committee…
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