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
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further…
Saudi Steel Pipe Co. (SSP) has announced a leadership restructuring, according to a recent filing with the stock exchange. The board has appointed Mohammed AbdulAziz AbdulRahman Al Shayea as Chairman and Carlos A…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in value, both on YoY…
Turkish steel producer Kardemir has decreased its billet prices, according to the company's latest price list. Prices have been decreased by USD 5 per ton compared to prices announced on May 22, 2025. The company is now…
Turkey imported approximately 6.6 mln tons of scrap in the first four months of 2025, marking a nearly 4pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The Netherlands was Turkey's top…
Pomini Long Rolling Mills has signed a contract with Mawarid Alkhaleej Company to supply equipment and services for a new rebar rolling mill in Baghdad, Iraq. The company had previously conducted the feasibility study…
South Korea's Doosan Enerbility has won contracts worth around USD 248 mln to supply steam turbines and generators for two combined cycle gas turbine (CCGT) power plant expansions in Saudi Arabia. The company signed…
Turkey exported approximately 336,400 tons of wire rod in the first four months of 2025, marking a 13.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). Romania emerged as the top…
Ajeej Steel Manufacturing Co., a subsidiary of National Building and Marketing Co., has signed a Shariah-compliant credit facility agreement with Bank Al Jazira worth SAR 50 mln (USD 13.2 mln), according to a disclosure…
Pakistan imported 292,630 tons of scrap in April 2025, reflecting a significant YoY increase of nearly 59pct, according to data from the Pakistan Bureau of Statistics (PBS). On a month-over-month basis, scrap imports…
Pakistan imported 414,209 tons of finished steel in April 2025, a sharp 76pct increase from 235,339 tons in April 2024, according to the Pakistan Bureau of Statistics (PBS). Compared to March 2025, Pakistan's finished…
Kuwait-based Metal Recycling Company (MRC) is on track to open its new steel scrap recycling plant later this year. This development was announced in a stock exchange filing by MRC's parent company, Agility Public…
Turkey exported approximately 1.38 mln tons of rebar between January and April 2025, marking a 27pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the leading…
Turkish steel producer Kardemir reported its highest-ever monthly shipment volumes in May, driven by accelerated production efforts to meet its ambitious 2025 sales target. In May alone, Kardemir shipped 81,326 tons of…
Wasco Energy, the energy services arm of Malaysia's Wasco Berhad, has launched a new 25,000-square-metre fabrication yard in the Jebel Ali Free Zone (JAFZA), UAE, to enhance its modular engineering and fabrication…
UAE-based steel producers say they do not expect a significant impact from the latest U.S. move to double tariffs on steel imports. Effective June 4, the U.S. has raised tariffs on steel and aluminum imports from 25pct…
UAE-based long steel producer EMSTEEL has chosen Danieli to deliver a turnkey Thermo-Mechanical Control Process (TMCP) system for its Rolling Mill #4 in Abu Dhabi. The project will enhance EMSTEEL's production…
Hascelik, a leading Turkish producer of specialty steel, has successfully produced its first steel at its next-generation mill in Bilecik using advanced technologies supplied by Tenova. Tenova, a global provider of…
Sohar Freezone has signed a land lease agreement with Matrix Alloys (FZC) LLC to establish a state-of-the-art, environmentally friendly ferrochrome plant. The USD 10 mln project supports Oman's push toward sustainable…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 17.3pct YoY in the first four months of 2025, reaching 5 mln tons. Export value also increased by 7.6pct to USD 3.6 bln. In…
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