Turkey imported 652,000 tons of HRC in the first two months of 2025, reflecting a 2.3pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained the…
Bahrain Steel, a global leader in high-quality iron ore pellet production, has partnered with Nanoprecise Sci Corp, a pioneer in Energy-Centered Predictive Maintenance (ECM), to enhance asset performance and advance its…
India's Larsen & Toubro (L&T) has secured its largest-ever contract from QatarEnergy LNG, a subsidiary of state-owned QatarEnergy, for the North Field Production Sustainability Offshore Compression Project (NFPS COMP…
Arabian Pipes Company (APC) has secured a new supply contract with EPC contractor C.A.T. International LLC, according to a disclosure filed with the stock exchange. Valued at SAR 107 mln (USD 28.4 mln), the agreement…
Pakistan's construction sector remains sluggish, weighed down by persistently high steel prices that continue to discourage both public and private development activity, according to a local newspaper report. Despite…
The UAE and the EU have agreed to begin negotiations on a potential trade deal, announced UAE President Sheikh Mohamed bin Zayed Al Nahyan. In a separate statement, the EU confirmed that European Commission President…
Dubai Municipality has awarded contracts worth over USD 391 mln for four key projects under the Tasreef initiative to develop, upgrade, and expand the city's stormwater drainage network. These projects aim to provide…
Scrap import prices in Turkey declined this week, pressured by subdued buying activity from steel mills amid weak finished steel demand. Prices were assessed at USD 365-370 per ton CFR, down from USD 380 per ton CFR…
Turkey's wire rod exports saw a steep decline in the first two months of 2025, according to data from the Turkish Statistical Institute (TUIK). Between January and February, exports totaled approximately 102,000 tons…
The Pakistan Steel Melters Association (PSMA) has submitted its proposals for the Federal Budget 2025-26, aiming to revitalize the domestic steel industry and promote economic growth. The proposals focus on key…
The Middle East construction industry is expected to see further cost increases following new trade tariffs announced by US President Donald Trump, according to a new report. The UAE is expected to see construction cost…
Turkey's leading steel producer, Kardemir, has announced updated pricing for its steel sections, reflecting a downward adjustment across several product categories. The company has reduced prices for IPE-NPU sections…
Turkey exported approximately 386,000 tons of HRC in the first two months of 2025, marking a 40pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Italy…
Turkish pipe manufacturer Erciyas Celik Boru has secured a USD 12.2 mln order for the Afsin-Elbistan Thermal Power Plant, Turkey's largest thermal power project, the company announced in a stock exchange filing. As part…
Drydocks World has secured a contract from Modec Management Services Pte. Ltd., a global supplier and operator of offshore floating platforms, to refurbish and extend the life of the FPSO BAOBAB IVOIRIEN, the company…
Turkish steelmaker Kardemir has launched a new sales round for billet and wire rod, according to its latest price list. Billet prices remain unchanged from the previous list issued on March 13, 2025. S235JR grade…
Vallourec, a leading provider of premium seamless tubular solutions, has secured a significant order from Sonatrach, Algeria's national oil and gas company, for the supply of Oil Country Tubular Goods (OCTG), the…
Emirates Building Systems (EBS), a subsidiary of Dubai Investments and a leading steel structure manufacturer in the Middle East, is supplying steel structures for the Souq & Marina Wellness Hotel on Laheq Island in…
Dubai-based investment firm Shamal has awarded the main works contract for its Baccarat Hotel and Residences Dubai project to Arabian Construction Company (ACC). Developed by H&H, a Dubai-based real estate investor and…
Turkey exported 768,200 tons of rebar in the first two months of 2024, up 36pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen was the top importer during this period, receiving 228,300…