Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,433 news items in ME Steel News. Show all
Emirates Steel, a part of the EMSTEEL group, has announced stable rebar prices for February production. The price for rebar deliveries to Abu Dhabi is set at AED 2,660 (USD 724) per ton, while shipments to Dubai…
Turkish steelmaker Kardemir has updated its prices for rebar and wire rod, according to the latest price list. The company is now offering 12-32 mm rebar at TRY 19,460 (USD 546) per ton EXW, a slight decrease from the…
Turkish steel producer Kardemir has reduced its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 480 per ton EXW, marking a USD 20 per ton decrease from the price…
Turkey exported approximately 1.87 mln tons of welded steel pipes during the first eleven months of 2024, an 8pct increase compared to the same period in 2023, according to data from the Turkish Statistical Institute…
Kingdom Holding Company has announced the resumption of construction and concrete pouring for Jeddah Tower, with the presence of Chairman Prince Alwaleed bin Talal, CEO Eng. Talal Al-Maiman, and representatives from…
Egyptian long steel producer El Marakby Steel has received technical approval for rebar exports to Brazil from the Falcao Bauer Quality Institute, the company announced in a statement. The certification confirms El…
Vale has announced that its iron ore pelletizing plant at Sohar Port will be powered entirely by renewable electricity by 2030, aligning with the company's global commitment to decarbonize operations. Nasser Al Azri…
Arabian Gulf Steel Industries (AGSI) has signed an agreement with leading UAE developer Aldar to advance sustainable construction practices using AGSI's innovative, low-carbon steel solutions, the company announced…
The Public Authority for Housing Welfare (PAHW) has launched a major affordable housing project in Kuwait, which will include 9,800 homes. The project, which is located south of Salmi Road about 16 kilometers from Jahra…
Steel producer Colakoglu Metalurji AS, based in Dilovasi, Turkey, has commissioned SMS group to modernize the laminar cooling section and downcoiler in its 1,850-mm hot strip mill. This upgrade will enable Colakoglu to…
Slovenian steel producer SIJ Group has signed an agreement with the Saudi Arabian government to establish the electrical steel production facility in Ras Al-Khair, a fast-growing industrial hub in southeastern Saudi…
Algerian Qatari Steel (AQS), located in the Bellara industrial zone in El Milia, Jijel, exported nearly 700,000 tons of steel products in 2024, generating over USD 360 mln, according to Deputy General Manager Sofiane…
Dubai's Roads and Transport Authority (RTA) has awarded a contract worth around 408 mln for the Al Fay Street Development project. The project extends from its intersection with Sheikh Mohammed bin Zayed Road, passes…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a significant 73pct YoY increase in net profit for 2024, according to its unaudited financial statement. The company's net profit surged to OMR 7 mln (USD…
Al Watania for Industries (WFI) and China's Donghexin Group (DHX) have announced a joint venture to establish Saudi Arabia's first integrated tinplate manufacturing plant. This strategic initiative aims to localize a…
Turkey imported approximately 1.23 mln tons of pig iron in the first eleven months of 2024, marking a decline of over 3pct compared to the same period in 2023, according to data from the Turkish Statistical Institute…
Meydan, part of Dubai Holding Real Estate, has awarded a contract worth over USD 272 mln to Ginco General Contracting for the construction of Phase Two of District One West in Mohammed Bin Rashid Al Maktoum City. Ginco…
Turkey's scrap import prices remain under pressure due to weak steel sales. This week, scrap import prices were assessed at USD 325-335 per ton CFR, down from USD 340-345 per ton CFR last week. Turkish steel mills are…
Turkish steelmaker Kardemir successfully sold a substantial quantity of rebar and closed sales on the same day after reducing its prices in the latest price list issued on January 16. In this round, the company offered…
Turkey imported 9.08 mln tons of iron ore in the first 11 months of 2024, a 14pct increase compared to the same period in the previous year, according to the Turkish Statistical Institute (TUIK). Brazil remained…
“Premium Content” marks a news item that needs a subscription to read in full.
