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
Saudi Arabia's Al-Ittefaq Steel Products Company has officially joined the World Steel Association (Worldsteel) as a regular member, the industry body announced. The company will be represented by its CEO, Sharjeel…
AD Ports Group has signed a 10-year lease agreement with TW Steel, a provider of prefabricated modular structures, to deliver containerised fabrication solutions, maintenance, and repair services at Khalifa Port. The…
Majid Al Futtaim has appointed Dutco Construction for the Serenity Mansions project in Dubai, as announced in a recent press release. The project, located at Tilal Al Ghaf, Majid Al Futtaim's flagship mixed-use…
Turkey imported 3 mln tons of scrap in the first two months of 2025, marking a YoY decline of nearly 13pct, according to data from the Turkish Statistical Institute (TUIK). The Netherlands emerged as the leading…
Dubai's Roads and Transport Authority (RTA) has awarded a contract for the construction of direct access points to Dubai Islands from Bur Dubai, as announced in a press release. The USD 214 mln project includes a…
Saudi Arabia's Miahona has announced that it has been awarded a contract to develop an industrial wastewater treatment plant in Jeddah's 1st Industrial City, as per the company's filing with the stock exchange. The USD…
Turkey's scrap import prices held steady this week at USD 380 per ton CFR, as buying activity was minimal due to the Eid holidays in the first half of the week. Turkish steel mills took a cautious approach, monitoring…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for the seventh consecutive month. The price remains at EGP 38,200 (USD 754) per ton EXW, inclusive of 14pct VAT. Ezz Steel…
Saudi Arabia's Molan Steel Co. reported a 48pct YoY increase in net losses for 2024, according to a stock exchange filing. The company posted a net loss of SAR 7.07 mln (USD 1.88 mln), up from SAR 4.78 mln in the…
Man Industries (India) has been added to QatarEnergy LNG's approved vendor list, the company announced in a stock exchange filing. QatarEnergy LNG, formerly Qatargas, is the world's largest LNG producer, with an annual…
Turkey's HRC exports rose nearly 11pct YoY in January 2025, reaching approximately 124,000 tons, according to the Turkish Statistical Institute (TUIK). Greece was the top importer, receiving 24,000 tons, followed by…
Saudi Arabia's Bena Steel Industries Co. reported a significant rise in net profit for 2024, reaching SAR 10.68 mln (USD 2.84 mln), more than doubling from SAR 4.81 mln the previous year. The company attributed this…
Iraq has awarded a contract to China Petroleum Engineering & Construction Corporation (CPECC) for the construction of a gas processing plant in the Southern Basra governorate, the official news agency reported. The…
Turkey's steel exports rose by nearly 12pct YoY in the first two months of 2025, reaching 2.3 mln tons. The export value also saw a modest increase of 2.8pct, totaling USD 1.5 bln, according to the Turkish Steel…
Turkish long steel producer Yesilyurt Demir Celik has been recognized by ResponsibleSteel, a global initiative promoting socially and environmentally responsible, net-zero steel production. The company stated that…
Vale and Jinnan Steel's joint venture in Oman has signed an agreement with China's MCC Changtian International Engineering Company to build an iron ore beneficiation plant in Sohar. The project includes constructing the…
Egypt's ministerial group for industrial development, led by the Prime Minister, has approved a USD 86 mln railway manufacturing complex by French rolling stock company Alstom. The facility will be established within a…
Turkey's scrap import prices held steady this week at USD 380 per ton CFR, as upcoming Eid holidays and ongoing political uncertainty kept Turkish steel mills on the sidelines. The political unrest from last week…
Turkish pipe manufacturer Erciyas Celik Boru has secured a USD 32.5 mln pipe order for the third phase of a major container port expansion project in the Adriatic Sea, the company announced in a stock exchange filing…
Emirates Steel, a subsidiary of the EMSTEEL Group and one of the UAE's leading steel producers, reported strong growth in its finished steel segment in 2024, according to its annual report. While crude steel production…
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