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 construction sector confidence index fell 4pct in August 2025, reaching 85.3 compared to 88.8 in July, according to the Turkish Statistical Institute (TUIK). Within the subindices, current overall order books…
Crude steel production in the Middle East fell 0.9pct YoY to 32.3 mln tons in the first seven months of 2025, according to the World Steel Association. However, July output jumped 27pct YoY to 4.4 mln tons. The region…
Riyadh Steel, a Saudi Arabian long steel producer, reported a 3.2pct YoY decline in net profit for the first half of 2025, according to a stock exchange filing. Net profit slipped to SAR 2.45 mln (USD 0.65m) from SAR…
EMSTEEL, one of the region's largest publicly listed steel and building materials producers, has delivered hydrogen-based rebar for the construction of Abu Dhabi's first net-zero carbon mosque in Sustainable City, Yas…
Qatar's Aamal Company announced that its joint venture, Frijns Steel Construction Middle East, has won a QAR113 mln (USD 30.4m) contract from Consolidated Contractors Group (CCG). The contract, which runs until July…
Turkey's scrap import prices held steady this week at USD 345-347 per ton CFR, as local steel mills remained cautious with purchases amid sluggish finished steel sales. Scrap suppliers resisted cutting prices, pointing…
Turkish pipe producer Erciyas Celik Boru slipped into the red in the first half of 2025, posting a net loss of TRY 93.1 mln, compared with a profit of TRY 30.6 mln in the same period last year, the company said in a…
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a steep decline in earnings for the fiscal year ended June 30, 2025. Net profit fell nearly 59pct YoY to PKR 1.58 bln (USD 5.5 mln)…
Dubai-based Emirates Building Systems (EBS) has secured a contract to construct more than 80,000 square meters of built-up area for the KEZAD Food Hub project in Abu Dhabi. The scope covers design, fabrication, supply…
Emirates Steel, a subsidiary of EMSTEEL Group, has raised rebar prices for its September output. The company has raised rebar prices by AED 110 (USD 30) per ton, setting the new level at AED 2,590 (USD 705) per ton on…
The Saudi Iron and Steel Company (Hadeed) has left its long steel prices unchanged for September production. The company's rebar (12-32 mm) remains at SAR 2,130 (USD 566) per ton, while its wire rod (6.5-16 mm) stays at…
Turkish steelmaker Kardemir has awarded Sinosteel Equipment a contract to build a 2x30 t/h coal injection plant under the EPS model. The project will include a dry coal shed, pulverizing system, and injection system…
Kobe Steel will set up Kobelco Machinery Solution Arabia (KMSA) in Jubail Industrial City to strengthen its support for Saudi Arabia's fast-growing petrochemical and energy industries. The new hub will provide…
The Moroccan Airports Authority (ONDA) has awarded USD 440 mln in contracts to local construction firms Jet Contractors and SGTM for major expansions at Marrakech-Menara and Agadir-Al Massira airports. The projects aim…
Hascelik, a leading Turkish specialty steel producer, has successfully completed trial production of 42CrMo4 and 41Cr4 quenched and tempered steels using vacuum closed casting technology, underscoring its commitment to…
Abu Dhabi-based Al Gharbia Pipe Company set a new monthly record in JCO pipe production in July 2025, producing more than 5,000 pipes with output exceeding 40,000 tons. This marks the company's highest production level…
International Steels Limited (ISL), Pakistan's leading flat steel producer, reported a significant drop in earnings for the financial year ended June 30, 2025. The company's post-tax profit declined 57.3pct YoY to PKR…
Saud Arabia's Zamil Industrial Investment returned to profitability in the first half of 2025, supported by higher sales across all business segments and effective cost management, the company said in a stock exchange…
Turkish pipe producer Borusan Pipe posted a decline in first-half earnings for 2025, but delivered a strong recovery in the second quarter, according to its financial statement. In H1 2025, net profit fell 26.4pct YoY…
Turkey imported 1.4 mln tons of pig iron in the first half of 2025, up 51pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia was the largest supplier with 860,000 tons, followed by…
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