Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,424 news items in ME Steel News. Show all
The global scrap steel market is entering 2026 facing continued uncertainty, as subdued steel demand, record Chinese steel exports and slower-than-expected decarbonization efforts weighed on scrap consumption and prices…
UAE-based Arabian Gulf Steel Industries (AGSI) has completed both cold and hot trials at its new rolling mill, HRM 3, located at ICAD II in Abu Dhabi. The mill is now in the final stages of commissioning and…
EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable…
Saudi Iron & Steel Company (Hadeed) has signed a letter of intent with the National Shipping Company of Saudi Arabia (Bahri) to explore potential cooperation in maritime transport to support Hadeed's iron ore shipping…
Knowledge Economic City has issued a letter of award to ElKhereiji Commerce & Contracting Company for the construction of four additional residential towers under the first phase of the Al-Alya mixed-use project. The…
Turkish steelmaker Kardemir has lowered wire rod prices in its latest sales round, according to the company's updated price list. Kardemir is now offering 5.5 mm SAE 1006 grade wire rod at USD 597 per ton EXW, while 5.5…
Turkish steel producer Kocaer Celik reported record-high production and sales volumes for the 2025 fiscal year, according to a stock exchange filing. The company's total steel production rose 26pct YoY to 648,105 tons…
The value of Egypt's iron and steel exports declined 18pct YoY to USD 1.71 bln in the first eleven months of 2025, despite shipments reaching 87 countries, according to the Export Council for Building Materials. Turkey…
Saudi Arabia's Solb Steel has signed a memorandum of understanding with the National Industrial Development Center to explore the production of Special Bar Quality (SBQ) steel and round billets, in line with Saudi…
UAE's RACS Quality Certificates Issuing Services LLC is now fully authorized by Ministry of Industry and Advanced Technology (MOIAT) to provide Emirates Conformity Assessment Scheme (ECAS) and Emirates Quality Mark…
Turkey imported 3.63 mln tons of HRC in the first eleven months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.3 mln tons, followed by…
A final investment decision (FID) on Vale's proposed low-carbon iron Mega Hub at the Special Economic Zone at Duqm is expected this year, with construction planned to start next year, according to Nasser al Azri, CEO of…
Sohar Port and Freezone has signed a USD 50 mln investment agreement with Oman Zinc LLC to develop a Zinc Ash Recycling Industrial Park on a 10-hectare site within the Sohar Freezone, according to a press release. The…
The Royal Commission for Riyadh City (RCRC) has awarded a contract to design and build an 8.4-km extension of the Red Line on the Riyadh Metro, according to an official statement. The project includes 7.1 km of deep…
Turkey exported 3.7 mln tons of rebar in the first eleven months of 2025, up 20pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest export destination, absorbing 614,200…
UAE-based steelmaker Arabian Gulf Steel Industries (AGSI) has been named among a small group of parties expressing interest in acquiring Speciality Steels UK (SSUK), formerly owned by Liberty Steel, according to a…
ArcelorMittal's Rails and Special Sections division has dispatched the first shipment of rails for the Oman-UAE railway, marking a key milestone in the development of the region's first cross-border rail link connecting…
Turkey's scrap import prices inched higher this week, with assessments rising to around USD 370 per ton CFR, compared with USD 360-370 per ton last week. The firming trend was driven mainly by a strong stance from…
Turkey exported 830,400 tons of wire rod in the first eleven months of 2025, up 4.76pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination, receiving…
Algeria has started initial operational tests on the 950-km Bechar-Tindouf-Gara Djebilet mining railway, a key infrastructure project supporting development of the Gara Djebilet iron ore mine, according to the National…
“Premium Content” marks a news item that needs a subscription to read in full.
