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
Turkey's imported scrap prices rose this week to USD 340-345 per ton CFR, up from USD 335-340 per ton CFR last week, supported by higher freight and collection costs. However, buying sentiment remains weak as mills…
Turkish billet producer Vertra Steel has begun operations at its new automated, environmentally friendly plant in the Ceyhan Organized Industrial Zone, Adana. The facility, with an annual capacity of 800,000 tons, is…
ArcelorMittal Tubular Products Al-Jubail (TPJ), one of Saudi Arabia's most advanced industrial facilities, has completed the discovery phase of a warehouse optimization project in partnership with Sigma Software. The…
Nakheel, part of Dubai Holding Real Estate, has awarded Al Nasr Contracting Company LLC an USD 46 mln contract to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands. The contract covers…
The Jordan Chamber of Industry (JCI) reported that the industrial sector maintained strong momentum in Q2 2025, posting 4.8pct real growth compared with the same period last year. The sector contributed 39pct of overall…
Turkey exported 10 mln tons of steel in the first eight months of 2025, up nearly 13pct YoY, according to the Turkish Steel Producers' Association (TCUD). Export revenues increased 4.4pct to USD 6.8 bln. In August…
Turkish and Pakistani pipe producers are facing an administrative review by the Canada Border Services Agency (CBSA) on welded pipe imports. The review will reassess normal values and export prices for certain carbon…
UAE's NMDC Group has signed a contract with Pasay Harbor City Corporation (PHCC) to carry out major dredging and land reclamation works in Manila Bay, Philippines. The USD 610 mln project, scheduled over 30 months, will…
The Saudi Iron and Steel Company (Hadeed) has lowered long steel prices by SAR 75 (USD 20) per ton for October production. Under the new pricing, rebar (12-32 mm) is set at SAR 2,055 (USD 548) per ton, while wire rod…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has held a public hearing for stakeholders as part of its investigation into safeguard measures on hot-rolled steel flat imports. The session…
Agha Steel Industries' Board of Directors has approved the restructuring of finance facilities worth PKR 23.2 bln (USD 82 mln) with banks and financial institutions. The plan, developed in consultation with lenders…
Egypt's Ministry of Industry has announced a package of incentives to attract investment in cold-rolled, galvanized, and color-coated steel production. The measures aim to strengthen the country's industrial base…
HD Hyundai will expand its shipbuilding cooperation with Saudi Arabia following talks between Executive Vice Chairman Chung Kisun and Saudi Investment Minister Khalid Al-Falih. The discussions focused on advancing the…
Morocco's King Mohammed VI has launched a USD 2.2 bln railway program in Casablanca, part of a broader USD 10.6 bln national mobility strategy to expand sustainable transport, link major cities, and drive socio-economic…
Saudi Arabia's East Pipes Integrated Company for Industry has issued a SAR 173.2 mln (USD 46.1m) related-party purchase order to Welspun Corp Limited (WCL) for the supply of steel pipes, the company said in a stock…
Perma-Pipe International Holdings, Inc. announced that its Saudi Arabian unit has received formal technical and commercial approval from Saudi Aramco, the world's largest oil company. The company said this milestone…
Saudi-based Naqi Water, a producer and bottler of purified drinking water, has signed a SAR 4.2 mln (USD 1.2m) contract with Middle East Factory for Machines Co. (MEMCO) to supply and install a stainless-steel…
Pakistani rebar producer Dost Steels Limited (DSL) has signed a settlement agreement with its syndicate of banks to resolve outstanding liabilities of PKR 2.08 bln (USD 7.34 mln), paving the way for financial and…
Turkey's scrap import prices moved up this week, supported by higher freight and collection costs. Prices were assessed at USD 335-340 per ton CFR, compared with USD 330-335 per ton CFR last week. Turkish steel mills…
El Marakby Steel, one of Egypt's leading steel producers, has reported its carbon emissions under the European Union's Carbon Border Adjustment Mechanism (CBAM) for the first and second quarters of 2025. The company…
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