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
Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed at USD 340-345 per ton CFR, up slightly from last week's USD…
Jindal Steel Oman has signed a two-year, USD 1 bln partnership with ArcelorMittal Tubular Products Al-Jubail (AMTPJ), a leading Saudi Arabian seamless pipe producer. Under the agreement, the Omani integrated steelmaker…
Pakistan and Russia have signed a protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their longstanding industrial cooperation, the Pakistani government announced. The agreement was…
Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing to the stock exchange. According to the company, the copper…
Turkey exported around 1.72 mln tons of rebar during the first five months of 2025, up 26pct YoY, according to the Turkish Statistical Institute (TUIK). Yemen was the largest buyer, importing 334,500 tons of Turkish…
East Pipes Integrated Company for Industry has inked its second supply agreement with Abdullah Ibrahim Al Sayegh & Sons Co. (Al Sayegh), a Riyadh-based contractor, the company disclosed in a stock exchange filing. The…
India's iron ore pellet makers have urged the government to curb a surge in imports routed through Oman, which they say originate from Iran despite U.S. sanctions, warning that the cheaper supplies could hurt the local…
Algeria has completed most of a project to build a 1,000-km rail line linking its largest iron ore mine to key industrial areas and export terminals. The official Algerian news agency said that a 135-km line connecting…
Turkish steel producer Kardemir has issued updated prices for wire rod and rebar, according to its latest price list. The company reduced wire rod prices by USD 10 per ton compared to the last week of June. It is now…
Borusan Pipe's U.S. subsidiary, Borusan Berg Pipe, has launched a major expansion project at its plant in Panama City, Florida, aimed at significantly boosting its production capacity and product range to meet growing…
Singapore-based Meranti Green Steel has made further progress on its green iron project in Duqm, Oman, as part of its broader strategy to establish a sustainable steel value chain across the Asia-Pacific region. In a…
Vallourec, a global leader in premium seamless tubular solutions, has secured two significant contracts to supply Oil Country Tubular Goods (OCTG) for drilling operations led by CNOOC and PetroChina in Iraq. Valued at…
Jindal Steel Duqm, also known as Vulcan Green Steel and part of India's Jindal Steel Group, is targeting 2028 to begin operations at its upcoming 5 mln tons per annum green steel complex in the Special Economic Zone at…
UAE-based Arabian Gulf Steel Industries (AGSI) has secured an AED 126 mln (USD 34.3 mln) sustainable financing facility from Mashreq Bank, bolstering its transition toward greener industrial practices in alignment with…
Oman Chromite has increased its equity stake in Gulf Alloys and Metals (FZC) LLC from 20pct to 30pct, strengthening its position in the value-added chrome supply chain. The company operates a low-carbon ferrochrome…
Bahrain-based Areen Development has awarded the construction contract for its flagship Tilal residential project, part of the Al Areen Masterplan, to Ahmed Omar Contracting Company, the developer announced in a press…
Turkey exported approximately 1.3 mln tons of HRC between January and May 2025, a 52pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). Italy emerged as the leading importer, purchasing…
Ashry Steel Group plans to establish Egypt's first factory for manufacturing high-speed train wheels in Sadat City, aligning with the government's push to localize heavy industries and cut imports, local media reported…
Tubacex has announced that its Abu Dhabi facility has earned the prestigious API 5CRA Monogram License (#5CRA-0044) from the American Petroleum Institute, marking a significant milestone in its commitment to quality and…
Benteler Group, a global industrial group, serves the automotive, energy, and mechanical engineering sectors, has officially broken ground on its new automotive manufacturing plant in Kenitra, marking a significant…
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