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
Saudi Arabian real estate developer, Midad Real Estate has signed a strategic investment and development agreement with Diriyah Company to co-develop the Four Seasons Hotel and Private Residences Diriyah on a…
Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list. The company offered rebar in 12-32 mm sizes at TRY 24,100 (USD 560) per ton EXW, compared with TRY 24,450 (USD 576)…
Turkish steelmaker Kardemir said it has signed contracts with the Turkish State Railways (TCDD) General Directorate and seven regional directorates for the supply of 22,980 tons of railway rails, according to the…
Turkey's value-added tax (VAT) exemption on domestically sourced inputs under the inward processing procedure expired at the end of 2025 and is no longer in force, according to local media reports. Introduced in 1998…
Pakistani shipbreaking firm Prime Green Recyclers has brought into operation a ship recycling facility in Gadani certified under the Hong Kong International Convention (HKC), marking a first for Pakistan. Founded in…
Turkish steelmaker Kardemir has launched a new billet sales round, trimming prices by USD 5 per ton from its previous offers issued on December 17, 2025. Under the latest offer, the company's S235JR billets are offered…
Turkey imported around 17 mln tons of ferrous scrap in the January-November 2025 period, down nearly 6.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's…
Morocco's leading flat steel producer Maghreb Steel has strengthened steelmaking efficiency and workplace safety by installing new automated systems supplied by MORE, a manufacturer of chemical energy and auxiliary…
Egypt has signed a USD 140 mln long-term syndicated financing agreement for the first phase of a metallic silicon and derivatives complex planned for the industrial zone in New Alamein, according to the Ministry of…
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports. The investment will fund a new plant in the industrial zone of New October…
The Ministry of Industry has announced a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanized, and pre-painted steel products. In a statement, the…
Saudi steel producer Molan Steel said the Commercial Court of Appeal in Riyadh has issued a final ruling overturning the suspension of enforcement related to a judgment requiring the company to pay Yara International…
Turkey's steel exports reached 13.7 mln tons in the first eleven months of 2025, up 13.3pct YoY, while export revenues rose 4.5pct to USD 9.3 bln, according to the Turkish Steel Producers' Association (TCUD). In…
Egypt's Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing as part of its investigation into potential safeguard measures on imports of cold-rolled, galvanized, and pre-painted steel…
Heavy Engineering Industries and Shipbuilding Company (HEISCO) has secured a contract to construct feeder lines for the Al-Khairan power plant and to develop fuel-receiving infrastructure at the Al-Zour power plant…
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and Turkish long steel export offers reinforcing a market…
Oman is moving to strengthen industrial cooperation with China's Tsingshan Group as part of efforts to localize green steel production and develop downstream industries under its Industrial Strategy 2040, according to…
Saipem has secured two offshore contracts in Saudi Arabia under its long-term agreement with Aramco, the company announced in a press release. The first, a 32-month contract, covers the engineering, procurement…
Chinese HRC prices remained under pressure in 2025, with UAE import patterns highlighting booking lags and global supply dynamics. Chinese HRC prices into the UAE on a CFR Jebel Ali basis, as assessed by MEsteel, moved…
Ekinciler Demir Celik is strengthening its low-carbon steel production strategy by sourcing renewable energy through a new solar power project developed with YEO Teknoloji. Under the agreement, a 35.2 MWp solar power…
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