Kardemir has raised its rebar and wire rod prices in its latest price list, following the continued increase in Turkish scrap import prices. The company is offering 12-32 mm rebar at TRY 30,540 (USD 628) per ton EXW…
Isdemir is supplying HRC specifically developed for electrical steel production to Erdemir Romania, strengthening the integration of OYAK Mining Metallurgy's Turkish and European operations. The coils are used at the…
East Pipes Integrated Company for Industry has signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes. The contract is valued at around SAR 20 mln (USD 5.33 mln), including…
UAE's EMSTEEL Group has supplied low-carbon steel sheet piles through its distributor, Sheet Piling (UK) Limited, for the Annan Harbour regeneration project in Dumfries and Galloway, Scotland. The sheet piles are being…
Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs. ICDAS is offering rebar at USD 635 per ton EXW Biga, up USD 5 per ton from last…
Turkish HRC prices increased this week, as an upward trend in scrap prices and limited supply pushed local HRC producers to raise prices. Domestic HRC prices moved up to USD 625-635 per ton EXW, up USD 20-25 per ton…
Mughal Iron & Steel Industries Limited (Mughal Steel) reported a net profit of PKR 2.49 bln (USD 9 mln) for the financial year ended June 30, 2026, up 158 pct from PKR 965.5 mln a year earlier. Net sales declined 13 pct…
Lamprell has been awarded a contract as part of a consortium with Larsen & Toubro (L&T) for a major offshore engineering, procurement, construction and installation (EPCI) project in the UAE. The project involves the…
Saudi Iron and Steel Company (Hadeed) has reduced its domestic scrap buying prices by SAR 70 (USD 19) per ton, effective September 11, amid relatively moderate finished steel demand. The reduction follows a period of…
Chinese exports of hot rolled (HR) steel (HS 7208), including coils and plates, to GCC countries remained under pressure in July 2026, despite easing Chinese export prices, as prolonged logistics disruptions, high…
UAE's EMSTEEL Group has supplied low-carbon Z-type steel sheet piles through its distributor, Sheet Piling (UK) Limited, for the Middlewich Eastern Bypass project in Cheshire, UK. The sheet piles are being used to…
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the design, supply and erection of more than 1,480 tons of pre-engineered buildings for a new Hayat…
Turkey's scrap import prices increased this week as improving finished steel demand encouraged mills to increase buying interest, while limited scrap availability and higher freight and collection costs continued to…
Wire rod prices in the GCC remain firm amid high production costs, tight regional availability and elevated freight costs, despite relatively moderate trading activity. In Saudi Arabia, Hadeed has raised its September…
Direct reduced iron (DRI) production in the Middle East and North Africa (MENA) increased 8.3pct YoY to around 67.7 mln tons in 2025, according to Midrex Technologies' 2025 World Direct Reduction Statistics. The region…
Tosyali Algerie has made its first export shipment of cold-rolled steel from its new cold rolling complex in Bethioua, Oran, marking the start of international sales from the facility. The company said the first export…
Egypt's Ministry of Industry has received 10 applications from local steel companies for eight billet production licences with a combined capacity of 2.8 mln tons per year, according to local media reports. The…
Turkey's HRC imports declined 12.8pct YoY to 1.98 mln tons during the first seven months of 2026, according to data from the Turkish Statistical Institute (TUIK). Russia remained Turkey's largest HRC supplier during…
Turkish steel pipe producer Erciyas Celik Boru has undertaken the production of 563 steel pile pipes for a pier construction project in the Canakkale Strait being carried out by Turkey's Ministry of National Defence…
Silvan Rolls, part of Vergili Group, has started production at its new steel plant in Karabuk following trial operations, with the facility completing its first quality steel billet casting. The company had announced…