Saudi Arabia's Red Sea International Co. has signed a contract with Baker Hughes to design, build, supply, and operate modular camps in the Kingdom's Eastern Province to support ongoing oil and gas exploration…
Turkey's imported scrap prices edged higher this week, rising to USD 355-360 per ton CFR from around USD 355 last week, supported by a pickup in domestic rebar demand. Kardemir's strong rebar sales in its latest…
EMSTEEL's rebar mill in Abu Dhabi has successfully completed the replacement of its entire twin channel system, originally supplied by Danieli in 2006. Danieli Service executed the full upgrade after a joint assessment…
Misr National Steel (Ataqa) reported a net profit of EGP 78.98 mln (USD 1.65 mln) for Q3 2025, down from EGP 160.42 mln in the same quarter last year, according to its financial results. Despite the profit decline…
Saudi Arabia's National Building and Marketing Co. (NBM) announced that its subsidiary, Ajeej Steel Manufacturing Co., has renewed banking facilities worth SAR 127 mln (USD 34 mln) with Al Rajhi Bank, according to a…
UAE-based renewable energy company Masdar announced that its consortium has awarded the Engineering, Procurement and Construction (EPC) contract for the Ibri III Independent Power Project (IPP) to China Power…
Turkish steelmaker Kardemir has opened a new billet sales round, lifting prices by USD 15 per ton compared with its previous offers on November 5, 2025. The company is now offering S235JR billets at USD 515 per ton EXW…
Turkish pipe producer Erciyas Celik Boru has won the tender for a 42 km pipeline under Romania's "Conducta de transport gaze naturale DN 600 Mihai Bravu - Silistea" project, after submitting the most competitive offer…
Amreli Steels Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to issue 40 mln ordinary shares at PKR 25 per share. The direct issuance totals PKR 1 bln (USD 3.55 mln). The…
Rockwell Automation has announced a strategic collaboration with Alfanar to establish a dedicated manufacturing zone within Alfanar's facility in Riyadh's Industrial City. The new zone will serve as a hub for assembling…
Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list. The company offered 12-32 mm rebar at TRY 24,450 (USD 576) per ton EXW, up from TRY 23,500 per ton earlier this…
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has signed a 20-year natural gas supply agreement with ADNOC Gas worth between USD 3.5 and 4.2 bln, ensuring stable…
CRC Evans, a specialist in welding and coating services, has secured a new contract for Package 9 of Saudi Arabia's Master Gas III (MGS) project. The scope includes welding and construction of a 56-inch, 150 km…
Turkey imported 3.2 mln tons of billets in the first nine months of 2025, marking a 51pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the top supplier with about 753,500…
Turkish pipe producer Erciyas Celik Boru announced that its subsidiary, Erciyas Rail, has been accepted into the Ministry of Trade's TURQUALITY Support Program following a detailed review and inspection process. The…
AD Ports Group's Khalifa Economic Zones Abu Dhabi (KEZAD Group) has signed a land lease agreement with India's Jindal SAW Group, enabling the steel pipe manufacturer to significantly expand its operations in ICAD-KEZAD…
Crude steel production in the Middle East rose 2.8pct YoY to 46.1 mln tons in the first ten months of 2025, according to the World Steel Association. In October alone, the region's output increased 9.2pct YoY to 5.4 mln…
The Saudi Iron and Steel Company (Hadeed) has received ECAS and Emirates Quality Mark (EQM) approval, certified by CARES, for its rebar products, authorizing the company to supply BS 4449:2005+A3:2016 grade B500B rebar…
Saudi Arabia is set to strengthen its domestic industrial base as Aramco Asia India signs a memorandum of understanding with Indian leading manufacturer of large-diameter carbon steel line pipes, Man Industries to…
Turkey imported 1.67 mln tons of pig iron between January and September 2025, a sharp 75pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1.3…