Pakistan's National Tariff Commission (NTC) has launched an investigation into alleged circumvention of anti-dumping duties on cold rolled (CR) steel imports from China. The inquiry follows concerns that Chinese…
The Algerian Investment Promotion Agency (AAPI) has granted a land concession to China's Jingdong Steel for the construction of a major steel production facility in M'Sila province. The agreement allocates a 36-hectare…
Ashry Steel Group is set to invest more than EUR 600 mln (USD 685 mln) in a new seamless stainless steel pipe factory, following the recent approval of its production license and formal accreditation from the Egyptian…
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for June deliveries. The company's rebar prices have been reduced by SAR 50 (USD 13) per ton, bringing the new rate to SAR 2,230 (USD 594)…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for June, marking the eighth consecutive month of price stability. The current price stands at EGP 38,200 (USD 768) per ton…
Al Yamamah Steel Industries Co. has signed a contract with Saudi EPC firm Trading & Development Partnership Company (TDP) to supply steel towers, the company announced in a filing to the stock exchange. The towers will…
The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, has announced the launch of a dedicated Industry 4.0 Competence Centre in Abu Dhabi. The centre aims to accelerate the digital…
The Pakistan Steel Melters Association (PSMA) has renewed its appeal for targeted incentives in the upcoming FY2025-26 budget to revive the struggling steel sector and ensure its long-term growth. Chairman Mian Ahmad…
Turkey's scrap import prices remained unchanged this week, as suppliers resisted lower bids from domestic steel mills despite sluggish demand for finished steel. Current import offers are assessed in the range of USD…
Turkish steel producer Kardemir has signed a new rail supply contract with Algeria's Infrarail, according to a stock exchange filing. The agreement is valued at EUR 11.83 mln (USD 13.3 mln), with deliveries scheduled to…
Tosyali Algerie is set to explore the development of an integrated green hydrogen project in partnership with Sonatrach, Sonelgaz, and Hecate Renewable Energy. The project will use renewable energy to support the…
EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced a strategic partnership with Finnish company Magsort to advance decarbonised cement production by leveraging…
Habas A.S., based near Izmir, Turkey, is moving forward with its modernization and expansion strategy. Following the launch of its pickling line/tandem cold mill (PLTCM) project in October 2021, the company initiated…
EMSTEEL Group, one of the region's leading publicly traded steel and building materials manufacturers, has signed a Memorandum of Understanding (MoU) with TAQA Distribution, a subsidiary of Abu Dhabi National Energy…
Hafeet Rail, the cross-border railway developer linking Oman and the UAE, has signed an agreement with Brazilian iron ore producer Itaminas Comercio De Minerios S.A. to develop an integrated, sustainable logistics…
Pakistani rebar producer Dost Steels has signed a restructuring agreement with a consortium of banks as part of efforts to stabilise its financial position. The deal is backed by a PKR 2.08 bln (USD 7.33 mln) investment…
Turkish steelmaker Kardemir has announced updated rebar prices, according to its latest price list. The new price for 12-32 mm rebar is set at TRY 21,585 per ton EXW (USD 553), slightly up from TRY 21,550 per ton EXW…
Turkey imported approximately 447,000 tons of pig iron in the first quarter of 2025, marking a 1.4pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
Tubacex, a global leader in advanced industrial solutions for the energy and mobility sectors, has signed a strategic agreement with Adnoc, the UAE's integrated energy group, granting Adnoc exclusive rights to use…
The Pakistani steel industry has urged the government to avoid reducing tariffs on finished and semi-finished steel products, warning that such a move could lead to widespread closures of local steel units, massive job…