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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

Scrap import prices inch higher on fresh bookings

Turkey Turkey

Turkey's imported scrap prices edged up this week to USD 350-355 per ton CFR, as compared to last week's USD 345-355 per ton CFR, as several new cargoes were reportedly booked. Turkish mills had earlier sought lower…

Kardemir raises rebar prices

Turkey Turkey

Turkish steelmaker Kardemir has increased its rebar prices, according to the company's latest price list. The mill is now offering rebar at TRY 23,500 per ton (USD 558), up from TRY 23,365 per ton (USD 560) announced on…

Watani Steel swings to loss in Jan-Sep 2025

Saudi Arabia Saudi Arabia

Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 3.5 mln (USD 0.93 mln) for the first nine months of 2025, compared with a net profit of SAR 2.2 mln in the same period last year…

ArcelorMittal TPJ appoints new CEO

Saudi Arabia Saudi Arabia

ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) has appointed Laurent Dubedout as its new Chief Executive Officer, the company said in a statement. Dubedout brings extensive international experience and…

TCUD calls for protection as imports outpace exports

Turkey Turkey

Turkey exported 11.4 mln tons of steel in the first nine months of 2025, up 12.1pct YoY, with export revenues increasing 3.8pct to USD 7.7 bln, according to the Turkish Steel Producers' Association (TCUD). In September…

Meranti advances plans for green iron project in Duqm

Oman Oman

Meranti Green Steel is progressing plans to develop a major green iron project in Oman, following meetings between company officials and representatives of the Integrated Gas Company (IGC) and Invest Oman in Thailand…

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