Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,429 news items in ME Steel News. Show all
ArcelorMittal Tubular Products Jubail (TPJ) has awarded the EPC contract for its heat treatment and finishing line expansion to Sinosteel Equipment & Engineering Co. Ltd. (Sinosteel MECC), with Tenova S.p.A. supplying…
Turkey imported approximately 9.4 mln tons of scrap in the first half of 2025, down by nearly 9pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States was the top supplier, delivering…
Egypt's Minister of Industry and Transport, Kamel Al-Wazir, met with leading steel producers to advance plans for localizing automotive steel, a key part of the country's broader strategy to deepen local manufacturing…
Turkey's steel exports rose by 18.6pct YoY in the first half of 2025, reaching 7.7 mln tons, according to the Turkish Steel Producers' Association (TCUD). Export revenues grew by 8.8pct to USD 5.2 bln. In June alone…
The European Commission has reduced the anti-dumping duty on hot-rolled flat steel imports from Egypt's Ezz Steel to 11.7pct, down from the previously imposed provisional rate of 12.8pct, according to an official…
Egypt's state-owned Arab Organization for Industrialization (AOI) has inaugurated a new production line for high and ultra-high voltage electricity towers at its aircraft factory, aiming to localize technology and…
Turkey's scrap import prices held steady this week at USD 340-345 per ton CFR as domestic steel mills prioritized boosting finished steel sales. Scrap buying activity remained subdued, with market participants noting…
Turkey's Trade and Economic Partnership Agreement with Qatar, signed in November 2018, will officially take effect on August 1, 2025, the Turkish Trade Ministry announced. The deal aims to boost mutual investments…
Iran's Mobarakeh Steel Company (MSC) announced that its subsidiary, Saba Steel & Rolling Mill, has successfully produced the high-strength hot-rolled automotive steel grade HAS60, equivalent to ATOS60, for the first…
Pakistan's Crescent Steel and Allied Products Limited posted a net loss of PKR 43.4 mln (USD 0.15 mln) for the fiscal year ending June 30, 2025, compared with a profit of PKR 1.27 bln in the previous year. The company's…
Sulb has achieved a significant milestone in sustainable steelmaking with the successful deployment of SMS group's Condoor technology at its Bahrain plant. The project marks the world's first fully automated slag-door…
Kocaer Steel has announced plans to open a new branch in Manisa, as approved by its Board of Directors, according to a stock exchange filing. The branch will be located in the Teknokent at Manisa Celal Bayar…
UAE-based NMDC Group reported solid financial results for the first half of 2025, reflecting strong operational performance and resilience amid ongoing market challenges. The company posted AED 13.4 bln (USD 3.6 bln) in…
UAE-based EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced its preliminary (unaudited) financial results for the first half of 2025. The group recorded…
Miilux OY, Turkey's only armor steel producer, has reached a new milestone by developing the capability to manufacture submarine hull steel in profile form using entirely domestic resources. This achievement follows its…
NMDC Energy, a leading EPC services provider for the offshore and onshore energy sectors, has commenced fabrication at its state-of-the-art yard in Ras Al-Khair, Saudi Arabia, the company announced. The first steel cut…
Al Jazeera Steel Products Co. posted a 60pct YoY increase in net profit for the first half of 2025, reaching OMR 4.12 mln (USD 10.68 mln), up from OMR 2.56 mln in the same period last year, according to its latest…
Tosyali Algerie has secured a DZD 15 bln (USD 115 mln) bond issuance, arranged by the Banque Exterieure d'Algerie (BEA), to support the ongoing expansion of its integrated flat steel complex in Bethioua, Oran. The…
Developer Arada has awarded the main construction contract for Masaar Central, its flagship commercial hub in Sharjah, to Intermass, a local contractor already engaged in several residential phases of the Masaar master…
Emirates Steel, a subsidiary of EMSTEEL Group, has announced the introduction of a Temporary Import Displacement Discount (TIDD) in response to a recent increase in imported steel sections, particularly from China. The…
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