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
EMSTEEL Group, one of the region's largest listed steel and building materials producers, has launched TrueGreen, a strategic sustainability identity that consolidates its decades of decarbonization initiatives under…
Beco Steel said it is in advanced discussions with an international client for an export order worth USD 22 mln for the coming financial year, according to a stock exchange filing. The company did not disclose the…
Crude steel production in the Middle East rose 1.1pct year on year to 36.1 mln tons in the first eight months of 2025, according to the World Steel Association. August output in the region surged 21.5pct YoY to 3.8 mln…
Turkish steelmaker Kardemir has released its sales allocation plan for Q4 2025, adjusting its product mix by cutting billet allocations while increasing profile volumes, compared to the previous quarter. Rebar and wire…
Amreli Steels, one of Pakistan's leading steelmakers, reported a 37pct YoY reduction in losses for the fiscal year ending June 30, 2025. The company posted a net loss of PKR 3.81 bln (USD 13.45 mln), compared with PKR…
Turkish steelmaker Kardemir has launched a new billet sales round, keeping prices unchanged from its September 3, 2025, announcement. The company is offering S235JR grade billets at USD 492 per ton EXW and B420 grade…
Turkey imported approximately 5.75 mln tons of iron ore in the first seven months of 2025, marking a 14pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
The global steel sector is navigating a period of significant change, with tariff measures, market restrictions, and the introduction of the Carbon Border Adjustment Mechanism (CBAM) reshaping industry dynamics. For…
Turkish steelmaker Isik Celik has commissioned a new medium section rolling mill at its Karabuk facility, equipment supplier Germaksan & Germuhendislik said. The launch followed successful hot tests, with parent company…
Oyak Group General Manager and Erdemir Chairman Murat Yalcintas welcomed recent changes to Turkey's Inward Processing Regime (DIR), calling them a positive step for the domestic steel industry. The Ministry of Trade's…
Pakistan imported 312,175 tons of steel scrap in August 2025, up 9.83pct YoY from 284,223 tons in the same month last year, according to Pakistan Bureau of Statistics (PBS) data. Imports were broadly stable compared to…
Pakistan imported 370,482 tons of finished steel in August 2025, more than double the 173,876 tons recorded in the same month last year, Pakistan Bureau of Statistics (PBS) data shows. Imports also rose nearly 8pct…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for October production. The company's rebar will remain at AED 2,590 (USD 705) per ton on an EXW basis. The above prices exclude the…
Turkey exported around 579,700 tons of wire rod in the first seven months of 2025, a 1.2pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Romania was the top buyer with 221,300 tons…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports of long steel…
Nama Power and Water Procurement (PWP) has signed an agreement with a consortium led by Abu Dhabi's Masdar, alongside Al Khadra Partners, Korea Midland Power (KOMIPO), and OQ Alternative Energy (OQAE), to develop the…
Turkey's scrap import prices fell this week, pressured by weak steel demand. Prices were assessed at USD 330-335 per ton CFR, down from USD 335-345 per ton CFR last week. Buying activity remains subdued, with mills…
Turkey imported 1.4 mln tons of pig iron in the first seven months of 2025, up 61pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1 mln tons, followed…
Turkish steel producer, Cemtas Celik Makina Sanayi ve Ticaret A.S. has unveiled plans to invest in a new 37 MWe land-based solar power plant across three sites in the Derik district of Mardin province, aiming to cut…
UAE developer Arada has awarded a USD 594 mln construction contract to Dubai-based United Engineering Construction Company (UNEC) for the development of Madar Mall, the retail and entertainment hub at the center of the…
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