British Steel has secured a new GBP 35 mln (USD 46 mln) contract to supply rail products for Turkey's expanding high-speed rail network, the company announced. UK Prime Minister Sir Keir Starmer is expected to highlight…
Turkey's imported scrap prices held largely stable this week, with assessments nudging up to around USD 355 per ton CFR from USD 350-355 per ton last week, supported by a pickup in domestic rebar demand that prompted…
Hascelik, one of Turkey's leading specialty steel producers, has successfully completed hot-rolling trial production of free-cutting steel at its Bilecik mill. The trials covered various diameters of 11SMn30 (1.0715)…
Abu Dhabi-based NMDC Energy has signed a Memorandum of Understanding with CITIC Steel, China's second-largest steel producer, the company said in a stock-exchange filing. NMDC Energy noted that the partnership…
Saudi Arabia's AlKhorayef Water and Energy Technology Company has secured a USD 59 mln contract from the National Water Company to build sewer networks in Hafr Al-Batin and Al-Qaysumah in the Eastern Province, the…
Ezz Steel, one of Egypt's largest steel producers, has offered an EGP 4,000 (USD 84) per-ton discount on November rebar deliveries, its first price adjustment after nearly a year of holding official prices steady. The…
Pakistan imported 381,991 tons of steel scrap in October 2025, a sharp 64pct increase from 232,747 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Month-on-month, scrap…
Pakistan imported 422,526 tons of finished steel products in October 2025, up 39pct YoY, PBS data showed. Imports also climbed slightly over 39pct from September levels. From January to October 2025, finished steel…
Calderys has entered into a strategic partnership with Saudi-based Binzagr to establish a new refractory manufacturing facility in Jubail, strengthening its regional footprint. The 16,300 m2 plant, operated by Calderys…
Ladun Investment Company has signed a real estate development agreement with the National Housing Company (NHC) to develop the Al-Mashraqiyah Villas in Riyadh, according to a stock exchange filing. As part of the…
Turkish steelmaker Kardemir has increased its wire rod prices, according to its latest price list. The company is now offering 5.5 mm SAE 1006 grade at USD 605 per ton EXW, while 5.5 mm SAE 1008-1010 grades are offered…
DenizBank, under the leadership of shareholder Emirates NBD (ENBD), has arranged a USD 400 mln club loan for Oyak Group with a 6-year maturity and a 1-year grace period. The facility will support Oyak's strategic…
Arabian Pipes Company (APC) has signed a new contract with Saudi Aramco to manufacture and supply pipes valued at approximately SAR 47 mln (USD 12.5 mln), the company said in a stock exchange filing. The 13-month…
Minerals Development Oman (MDO) has signed shareholder agreements with India's JSW Group, making it a key partner in the South Minerals Project, one of Oman's most significant upcoming industrial minerals developments…
EMSTEEL Group announced three major agreements at Fastmarkets' Middle East Iron & Steel Conference 2025, reinforcing its strategy to expand downstream capabilities and strengthen long-term industrial competitiveness…
EMSTEEL has chosen Primetals Technologies to supply a new wire rod outlet for Rebar Mill No. 05 and upgrade the existing wire rod mill at RM No. 03 in Abu Dhabi. The projects form part of EMSTEEL's Asset Enhancement…
Pakistani rebar manufacturer, Dost Steels Limited (DSL) has announced a strategic expansion of its business portfolio, moving beyond steel re-rolling to enter the trading and supply of construction materials, the…
Hassan Allam Holding and Tilal Real Estate have signed a strategic partnership with Saudi Arabia's National Housing Company (NHC) to develop their first mixed-use project in Riyadh's Khozam District. The project will be…
Turkey imported 2.93 mln tons of HRC in the first nine months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.1 mln tons, followed by…
The UAE Steel Producers Committee has appointed new leaders to guide the industry group. EMSTEEL Group CEO Saeed Ghumran Al Remeithi has been elected Chairman, reflecting broad confidence in his leadership and…