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 Borusan Pipe announced that its U.S. subsidiary, Borusan Berg Pipe, has signed a USD 567 mln sales agreement to supply large-diameter pipes for the Eiger Express Pipeline project, according to a stock exchange…
China's Baoshan Iron and Steel Co. (Baosteel) said construction is advancing on its USD 4 bln integrated steel plate complex in Saudi Arabia, the company's first overseas steel base. Located in Ras al-Khair Industrial…
Saudi Arabia's Molan Steel Co. reported a net loss of SAR 2.8 mln (USD 0.74mln) in H1 2025, compared with SAR 2.49mln a year earlier, its stock exchange filing showed. Sales revenue dropped 16.5pct YoY to SAR 33.2m (USD…
Turkey's steel exports rose 14pct YoY in the first seven months of 2025 to 8.8 mln tons, according to the Turkish Steel Producers' Association (TCUD). Export value increased 5.4pct to USD 6 bln. However, July exports…
Turkey's Ministry of Commerce has imposed antidumping duties on imports of heavy plate from South Korea, according to a notification published in the Official Gazette. The investigation concluded that South Korean…
The Iranian Steel Producers Association (ISPA) and the Uzbekistan Metallurgy Association have signed a memorandum of understanding (MoU) to strengthen cooperation in the iron and steel sector. The agreement covers raw…
Kuwait's Combined Group Contracting Company has secured a USD 13.3 mln contract from Kuwait Oil Company (KOC) for crude oil flowline services. The agreement covers maintenance, repair, and construction of flowlines…
Turkey's scrap import prices fell to USD 337-345 per ton CFR, down from USD 345-347 per ton CFR last week, as sporadic EU-origin deals widened the price range. Turkish steel mills kept buying activity limited due to…
The U.S. Department of Commerce has issued its final determinations in the antidumping and countervailing duty investigations on corrosion-resistant steel imports from the UAE and Turkey. For the UAE, the regulator set…
Hassan Allam Holding announced that its subsidiary, Hassan Allam Construction, has been awarded a contract to build a major water supply and wastewater system in Al-Amerat, Muscat, Oman, in collaboration with Oman Water…
Turkey exported 978,600 tons of welded steel pipes in the first half of 2025, down 6pct YoY, according to Turkish Statistical Institute (TUIK) data. Romania was the top destination with 195,000 tons, followed by the UK…
Hafeet Rail has received its first shipment of railway tracks for the Oman-UAE Railway Network, marking a key milestone in the project's progress. The delivery, handled via the General Cargo Terminal at Sohar Port and…
Drydocks World, a DP World company, has secured a major EPC contract from AMIGO LNG to deliver the world's largest floating LNG (FLNG) liquefaction facility. The project involves converting two LNG carriers into…
Turkish steelmaker Kardemir has launched a new rebar sales round with updated prices. The company set its rebar price at TRY 22,455 per ton (USD 547), down from TRY 22,625 per ton (USD 556) in the previous round on…
Turkey's Borusan Pipe announced that its U.S. subsidiary, Borusan Berg Pipe, has entered negotiations for a potential large-diameter pipe supply contract in the United States valued at around USD 550 mln. While the…
The U.S. Department of Commerce has issued its final determinations in antidumping and countervailing duty investigations on corrosion-resistant steel (CORE) imports from the UAE, Turkey, and eight other countries. For…
Algeria's state-owned Sonarem Group, operator of the Gara Djebilet iron ore mine, has held talks with China's Metallurgical Corporation of China (MCC) on ways to reduce phosphorus levels in the deposit, local media…
Pakistan's steel scrap imports rose nearly 14pct YoY in July 2025, reaching 311,888 tons compared with 273,994 tons a year earlier, according to Pakistan Bureau of Statistics (PBS) data. On a month-on-month basis…
Pakistan's finished steel imports rose nearly 33pct YoY in July 2025, reaching 343,257 tons compared with 258,419 tons in July 2024, according to Pakistan Bureau of Statistics (PBS). On a month-on-month basis, imports…
The MENA region produced 62.51 mln tons of direct reduced iron (DRI) in 2024, up 2.66pct YoY, according to Midrex. The region represented 44pct of global DRI output. Iran led MENA production with 34.15 mln tons…
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