Pakistan's Aisha Steel Limited reported a sharp widening of losses in fiscal year 2025, ending June 30, with net losses rising to PKR 1.35 bln (USD 4.76 mln) from PKR 132 mln a year earlier, according to a stock…
Watani Iron Steel Co. (Watani Steel) has renewed a Shariah-compliant bank facility worth SAR 25 mln (USD 6.65 mln) with Alinma Bank, according to a stock exchange disclosure. Backed by a promissory note, the financing…
UAE's EMSTEEL Group, one of the region's largest publicly listed steel and building materials manufacturers, has partnered with Italian technology leader Danieli to launch the world's first Electric Process Gas Heater…
Silvan Rolls, a long-established Turkish producer of sphero and steel rolling rolls, is moving ahead with plans to build a new steel plant in Karabuk. The project, backed by parent company Vergili Group, will feature a…
Kuwait's Combined Group Contracting Company has announced that its Dubai branch has secured a contract from the Dubai Roads and Transport Authority (RTA) to construct internal roads in Wadi Al Amardi, a locality on the…
Turkey exported about 2.36 mln tons of rebar in the first seven months of 2025, up 24pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen was the largest buyer with 436,500 tons, followed by…
Turkish steel producer Kocaer Celik announced progress on its green steel mill and profile plant project, a key part of its 2030 vision. In a stock exchange filing, the company said feasibility studies are ongoing, the…
Pakistan's Beco Steel Limited has signed an agreement with a renewable energy solutions provider to install a 2-megawatt (MW) solar power generation system at its Badami Bagh, Lahore plant, according to a stock exchange…
Ladun Investment Company has secured a sub-development contract worth about USD 119 mln to build 400 residential villas within the Mashriqiya project in Riyadh, according to a statement to the Saudi stock exchange. The…
Turkey imported about 10.9 mln tons of scrap in January-July 2025, a 6pct decline YoY, according to data from the Turkish Statistical Institute (TUIK). The United States was the largest supplier with 2 mln tons…
Turkey's steel producers are calling for tougher trade defense measures against rising imports from Asia, warning that state-subsidized products from China, Russia, India, and other Far Eastern countries are distorting…
Turkey's Ministry of Commerce has initiated an antidumping investigation into imports of pipe fittings from Egypt, according to a notice published in the official gazette on August 30. The probe follows a complaint…
Turkish steelmaker Kardemir lowered its wire rod prices by USD 10 per ton in its latest price list, compared with July 23 levels. The company is now offering 5.5 mm SAE 1006 grade wire rod at USD 580 per ton EXW, and…
Primetals Technologies has secured an order from Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) to upgrade process optimization systems at its sinter plants in Karabuk, Turkey. The project includes upgrading…
Oman will establish the region's first integrated green ship recycling facility in Khatmat Malaha, North Batinah, aligning with its 2050 net-zero strategy. The project, developed by the Ministry of Transport…
Chinese firm, CSCEC Steel Structure has expanded into Morocco with contracts for two landmark infrastructure projects: sections of the national highway network and the high-speed rail line between Kenitra and Marrakesh…
Turkish steelmaker Kardemir has cut billet prices by USD 8 per ton in its latest sales round compared with August 14 levels. The company is now offering S235JR grade billets at USD 492 per ton EXW and B420 grade billets…
CARES, the world's leading steel certification authority, has suspended Asas Steel FZC's approval following unannounced inspections that revealed major safety and traceability breaches. Audit teams at Hamriyah Free Zone…
EMSTEEL, one of the region's largest publicly listed steel and building materials producers, has supplied sheet piles for Egypt's new floating movable bridge across the Suez Canal. The company delivered 5,000 tons of…
Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in first-half 2025 earnings, according to a stock exchange filing. Net profit dropped more than 80pct YoY to SAR 980,653 (USD 261,133), while revenue…