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
Japan's Sumitomo Corporation has formed a new joint venture in Muscat, Integrated Supply Chain Oman LLC, with state-owned Energy Development Oman. The company will focus on providing supply-chain management services to…
Turkey's imported scrap prices held steady this week at USD 350-355 per ton CFR, unchanged from last week, as mills continued booking cargoes to replenish inventories. Market participants noted that more bookings are…
Turkey exported 714,500 tons of wire rod in the first nine months of 2025, a 3pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest buyer with 254,000 tons, followed…
Al Yamamah Steel Industries Company will take part in the planned capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to help advance its billet factory project, according to the company's…
Mughal Iron & Steel Industries Ltd (Mughal Steel) is accelerating expansion in its core ferrous operations while keeping its copper segment on hold amid global market volatility, the company said during a corporate…
Meraas has awarded a USD 120 mln contract to GCC Contracting for the development of the City Walk Northline project, marking the latest phase in the expansion of the City Walk district in Dubai. The contract covers the…
Turkey exported around 3 mln tons of rebar in the first three quarters of 2025, up 19pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest destination with 469,900 tons…
El Marakby for Metallic Industries (MKM), a subsidiary company of El Marakby Steel, has awarded Danieli Centro Combustion India a contract to supply a 60-tph pusher-type reheating furnace for its rolling mill in the 6th…
Egyptian Steel plans to launch a new investment program worth nearly EGP 2 bln (USD 42 mln) within the next 18 months, beginning early next year, according to Abdel Fattah Siam, general manager of the company's…
Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and coated steel consumption, according to the company's corporate…
UAE-based EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced its preliminary (unaudited) financial results for the first nine months of 2025. The group posted…
Oman is well positioned to become a global hub for green iron and steel production, leveraging its industrial base, renewable energy potential, and coordinated national strategy, according to a new report by the…
Saudi Arabia's Al Yamamah Steel Industries announced that it has secured a SAR 176.48 mln (USD 47 mln) contract to supply steel towers, according to a filing on the Saudi stock exchange. The contract was awarded by…
Saudi Arabia's Al-Ittefaq Steel Products Company (ISPC) has received formal approval for its rebar products under both the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), certified by…
Turkish steelmaker Karabuk Demir Celik (Kardemir) significantly reduced its losses in the first nine months of 2025, according to its financial report. The company posted a net loss of TRY 955 mln (USD 22.6 mln) for…
Middle East Iron & Steel 2025, organised by Fastmarkets, will return to Dubai's Madinat Jumeirah on November 17-19 for its 28th edition, bringing together over 1,500 industry leaders from more than 60 countries. The…
Turkey imported about 13.9 mln tons of ferrous scrap in January-September 2025, down nearly 7pct year on year, according to data from the Turkish Statistical Institute (TUIK). The United States remained the largest…
Chinese steelmakers continue to ship record volumes abroad, with strong demand from the Middle East and Southeast Asia offsetting growing protectionism elsewhere, Bloomberg reported. Saudi Arabia has emerged as the…
Interpipe, a global producer of steel pipes and railway products based in Ukraine, has signed a Memorandum of Understanding (MoU) with Abu Dhabi-based Ali & Sons Oilfield Supplies & Services (ASOS) to form a technical…
Arabian Gulf Steel Industries (AGSI) has been awarded the 'Sustainable Product of the Year - Construction Material' at the 13th Annual MENA Green Building Awards, organised by the Emirates Green Building Council…
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