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2,424 news items in ME Steel News. Show all

Silvan Rolls to build new steel plant in Karabuk

Turkey Turkey

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…

Rebar exports jump in Jan-Jul 2025

Turkey Turkey

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…

Kocaer Celik advances green steel mill project

Turkey Turkey

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…

Scrap imports decline in Jan-Jul 2025

Turkey Turkey

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…

Kardemir reduces wire rod prices by USD 10 per ton

Turkey Turkey

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…

MTCIT to build green ship recycling facility

Oman Oman

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…

Kardemir cuts billet prices

Turkey Turkey

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…

Bena Steel posts sharp profit drop in H1 2025

Saudi Arabia Saudi Arabia

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…

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