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 appointed KfW IPEX-Bank as lead arranger and Jebsen & Jessen Industrial Solutions GmbH as a key partner for the export credit agency (ECA)-backed debt financing of its planned green HBI/DRI…
Dar Global, the London-listed real estate developer, has awarded Edrafor Emirates LLC the enabling works contract for the Trump International Hotel & Tower in Dubai. The company said the appointment marks a major…
Turkey imported 3.24 mln tons of HRC in the first ten months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the largest supplier with 1.19 mln tons, followed by Russia…
Qatar Steel has signed a cooperation agreement with Qatar Primary Materials Company (QPMC) to recycle iron and steel recovered from construction and demolition waste at the Rawdat Rashed site. The partnership supports…
Saudi Arabia and Qatar have signed an agreement to develop a high-speed electric rail link between Riyadh and Doha, running through Dammam and Al-Ahsa, according to a joint statement. The planned 785-kilometre network…
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading producers ranged between PKR…
Turkey exported 768,400 tons of wire rod in the first ten months of 2025, a slight increase of 0.3pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the top destination with 272,300…
Saudi Arabia's East Pipes Integrated Co. for Industry has signed a steel pipe supply contract with the Saudi Water Authority (SWA) valued at more than SAR 485 mln (USD 129 mln), including VAT, according to a stock…
UAE's Easa Saleh Al Gurg Group (ESAG) has acquired BRC Arabia from The Kanoo Group, enhancing its reinforced steel manufacturing capabilities and expanding its regional supply chain footprint, the company said in a…
Turkey's imported scrap prices surged this week to USD 360-370 per ton CFR, up from USD 355-360 last week, driven by fresh bookings from Turkish steel mills. Buying activity strengthened as domestic rebar demand…
Turkey imported 15.2 mln tons of ferrous scrap in January-October 2025, a 7pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained the top supplier with 2.96 mln…
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, announced its contribution to the construction of the Zayed National Museum in Abu Dhabi's Saadiyat Cultural District. The…
Arada has awarded a USD 735 mln package of contracts to deliver Masaar 2, the next phase of its forested megaproject located in Sharjah's Rowdat district, the company said in a press release. The scope covers the full…
Turkey exported 12.5 mln tons of steel in the first ten months of 2025, up 12.6pct YoY, with export revenues rising 4.1pct to USD 8.5 bln, according to the Turkish Steel Producers' Association (TCUD). In October, steel…
Bahrain's ASRY (Arab Shipbuilding & Repair Yard) has signed a partnership agreement with Italy's Fincantieri to explore new collaboration opportunities in the shipbuilding sector. Under the MoU, ASRY and Fincantieri…
Daikin has begun construction of a new manufacturing facility in Jeddah that will focus on producing chillers and hydronic heat pumps for the Saudi and wider regional markets, the company said. The project follows…
Retal Urban Development Company has signed a development agreement with the National Housing Company (NHC) for a large-scale residential project valued at USD 1.38 bln, according to a stock exchange filing. The project…
The Saudi Iron and Steel Company (Hadeed) has increased long steel prices for December production. The company's rebar (12-32 mm) prices rose by SAR 40 (USD 10) to SAR 2,120 (USD 565) per ton, while wire rod (6.5-16 mm)…
Turkey's steel industry continues to demonstrate resilience despite market volatility, with exports and ongoing investments in efficiency, digitalization, and green transformation emerging as central pillars of…
Pakistan's steel industry has raised concerns over the government's economic and tax policies, warning that steep increases in indirect taxes, particularly sales tax, have sharply reduced demand for steel products…
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