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
Egypt's Iron & Steel for Mines & Quarries (ISMQ) posted a sharp rise in earnings for the first quarter of FY26, driven by higher revenues. The company's net profit surged to EGP 80.49 mln (USD 1.69 mln), up from EGP…
Turkey's imported scrap prices remained largely stable this week at USD 345-355 per ton CFR, as buying activity slowed due to weak finished steel demand and increased interest in lower-priced billets, particularly from…
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for November production. The company's rebar (12-32 mm) prices have been increased by SAR 25 (USD 7) to SAR 2,080 (USD 555) per ton, while…
Erdemir Group, one of Turkey's leading steel producers, reported a steep decline in profitability for the first nine months of 2025, according to its latest financial results. Net profit fell to TRY 2.51 bln (USD 60…
Turkish special steel producer Cemtas Celik will temporarily suspend production at its melt shop and rolling mill for scheduled maintenance, the company said in a stock exchange filing. The maintenance shutdown will…
Group Five Pipe Saudi Co. has approved an expansion plan to boost its spiral pipe production capacity, the company announced in a stock exchange filing. The project involves adding a new production line with an annual…
Crude steel production in the Middle East rose 2pct YoY to 40 mln tons in the first nine months of 2025, according to the World Steel Association. In September, the region's output increased 9.3pct YoY to 4.6 mln tons…
UAE's downstream reinforcement steel manufacturer, Al Gurg Building Services has positioned itself at the forefront of promoting certified and traceable reinforcement steel products. In December last year, the company…
Vale's iron ore pellet production in Oman rose 8.4pct YoY in Q3 2025 to 2.52 mln tons and increased 45pct compared with the previous quarter. However, in the first nine months of 2025, Vale Oman's output fell 4.2pct YoY…
Aqaba Special Economic Zone Authority (ASEZA) Chairman Shadi Majali met with a South Korean investment delegation to discuss plans for establishing a steel pipe production facility in the zone, according to the Jordan…
Emirates Steel, a subsidiary of the EMSTEEL Group, has raised its rebar prices by AED 58 (USD 16) per ton for November production. The new price is set at AED 2,648 (USD 721) per ton, up from AED 2,590 (USD 705) in…
Turkish steel producer Kardemir has signed new rail supply agreements worth EUR 14.5 mln (USD 16.8 mln), including VAT, for domestic railway projects, the company said in a stock exchange filing. As Turkey's only rail…
Pakistan's Ministry of Maritime Affairs has announced a USD 13 bln savings plan aimed at reviving the long-dormant Pakistan Steel Mills (PSM) through the creation of the country's first "Sea-to-Steel Green Maritime…
Turkey exported 1.3 mln tons of welded steel pipes in the first eight months of 2025, down 1.5pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the top destination with 212,000 tons…
Al Gharbia Pipe Company LLC has announced a major step toward transforming its pipe manufacturing operations into a fully digital, intelligent, and sustainable system. In collaboration with duTech, the company is…
Saudi Arabia's ongoing construction boom continues to drive strong demand for steel, positioning the sector as a key beneficiary of Vision 2030's infrastructure and industrial expansion agenda. At the 3rd Saudi…
The UAE has initiated an antidumping investigation into imports of heavy steel sections from China, according to a notification issued by the Ministry of Foreign Trade. The probe follows a complaint filed by Emirates…
Algeria will begin production at iron ore processing plant at the Gara Djebilet iron ore mine, one of the world's largest deposits, by the end of April 2026, according to Belkacem Soltani, CEO of state-owned Sonarem…
Systemair Saudi Arabia, part of the global Systemair Group operating in 51 countries, has inaugurated a fully owned ventilation production facility in Riyadh. Built on a 13,000-square-metre site with a…
Arabian Gulf Steel Industries (AGSI) and Sustain Labs Paris (SLP) have partnered to launch the AGSI Youth Microgrant for Circularity, announced at GITEX 2025. The program will provide UAE high school and university…
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