Canada has officially terminated its anti-dumping investigation into imports of corrosion-resistant steel sheet from Turkish producer Borcelik Celik Sanayi Ticaret, according to a notice issued by the Canada Border…
Pakistani rebar producer Dost Steels Limited (DSL) has signed a loan restructuring agreement with a consortium of banks, under which its outstanding debt has been rescheduled, the company said in a filing to the stock…
Saudi Arabia's Royal Commission for Riyadh City (RCRC) has awarded a contract worth up to USD 900 mln to the Arriyadh New Mobility (ANM) consortium for the construction of the Riyadh Metro Line 2 extension, MEED…
Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills to accept higher scrap offers. Import offers were assessed in…
Sahal Al-Thobaiti, CEO of Al Yamamah Steel Industries Co., said the company's new wind power systems factory in Yanbu Industrial City has an annual production capacity of around 50,000 tons of steel towers, equivalent…
Diriyah Company has awarded a USD 600 mln construction contract to Salini Saudi Arabia, a subsidiary of the Webuild Group, for the development of the Diriyah Square retail precinct. The project includes the construction…
Turkey imported 1.6 mln tons of billets in the first five months of 2025, marking a YoY increase of nearly 36pct, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the top supplier during…
Turkish stainless steel producer Saritas Celik is set to commission the second phase of its solar power plant (SPP) project at its Gebze facility, aiming to further cut carbon emissions and support its green production…
Algerian state-owned steelmaker Al Solb (formerly Sider El Hadjar), a subsidiary of the National Steel Holding Company (SNS), has entered into a partnership agreement with Algerian Qatari Steel (AQS) to enhance domestic…
Al Yamamah Steel Industries Company has completed construction and launched trial operations at its new Wind Power Systems Factory in Yanbu Industrial City, according to a stock exchange filing. The facility will…
Lebanon's steel imports jumped 66.3pct YoY in the first four months of 2025, reaching 332,070 tons, according to data from Lebanese Customs. Rebar accounted for a major share of the imports. Between January and May…
Al Yamamah Steel Industries Co. has signed two contracts with SEPCOIII Electric Power Construction Co., Ltd. Branch, totaling SAR 68.66 mln (USD 18.2 mln), the company announced in a stock exchange filing. The first…
Dar Global has awarded the main works contract for The Astera, Interiors by Aston Martin to Gulf Asia Contracting LLC (GAC), a leading general contractor in the GCC. The contract, valued at USD 54.8 mln, marks a major…
Omani steelmaker Al Jazeera Steel Products Co. SAOG reported a strong 60pct YoY jump in net profit for the first half of 2025, according to its unaudited financial results. Net profit rose to OMR 4.12 mln (USD 10.6 mln)…
Turkey imported approximately 8.1 mln tons of scrap in the first five months of 2025, reflecting a 5.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). The Netherlands emerged as the…
Metso has signed a distribution agreement with Greaves Pakistan (Pvt.) Ltd to strengthen its footprint in South Asia and improve local support for the mining and aggregates sectors. Under the deal, Greaves will…
Turkey exported approximately 413,400 tons of wire rod in the first five months of 2025, down 4pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest importer during this…
Saudi Aramco will for the first time use hydrogen-induced cracking (HIC)-resistant steel from South Korea's Posco at its Fadhili gas plant, as part of efforts to support the facility's major expansion. Posco announced…
Algerian steelmaker Alfapipe, a subsidiary of the National Steel Holding Company, has commenced operations at its new steel pipe manufacturing facility in Battioua, Oran Province. The facility has an annual production…
Dubai's Roads and Transport Authority (RTA) has awarded an AED 633 mln (USD 172 mln) contract for the Al Mustaqbal Street Development project, covering the stretch from Za'abeel Palace Street to Financial Centre Street…