Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,438 news items in ME Steel News. Show all
Vallourec, a global leader in seamless tubular solutions, has signed a Memorandum of Understanding (MoU) with Advanced Supply Management Operations (ASMO), a joint venture between DHL and Aramco's Saudi Aramco…
The delay in implementing budgetary measures to modify the tax regime for steel producers sourcing local scrap from unregistered suppliers has cost the government over PKR 30 bln (USD 108 mln) since July. The measures…
Turkey's welded steel pipe exports increased by 11.6pct in the first eight months of 2024, totaling approximately 1.33 mln tons compared to the same period last year. Romania emerged as Turkey's largest market, with…
Saudi Arabia's Al Yamamah Steel Industries has signed a contract with Larsen & Toubro Saudi Arabia to supply steel towers for the construction of a 380 kV ultra-high voltage line connecting the Stara station to the Wadi…
Lower electricity supplies to Iranian steel producers caused a significant drop in output during the first half of the calendar year, which began in late March, according to the Iranian Steel Producers Association…
French energy management and automation company Schneider Electric has opened a new manufacturing facility in Sharjah, UAE. Situated in the Hamriyah Free Zone, this facility will address the region's increasing demand…
Turkey's scrap import prices fell this week due to weakening demand for Turkish finished steel. Scrap import prices are now assessed at USD 365-370 per ton CFR, down from USD 385-390 per ton CFR last week. Last week's…
Turkey's Kocaer Steel was recently recognized by ResponsibleSteel, a global initiative focused on socially and environmentally responsible, net-zero steel production. The company is committed to supporting Turkey's 2053…
Turkey imported about 879,000 tons of pig iron in the first eight months of 2024, a 1.7pct decrease compared to the same period last year, according to the Turkish Statistical Institute (TUIK). Russia remained Turkey's…
UAE's leading steel producer, EMSTEEL (formerly Emirates Steel Arkan), has signed an agreement with e& UAE, the telecommunications arm of a global technology group, for a pioneering collaboration in the manufacturing…
Erdemir is set to achieve a milestone in the Turkish steel industry with its upcoming hydrogen injection trial at its first blast furnace, a key step in its green steel transformation. In alignment with its goal of…
Iraq has formally approved a Chinese private company to build its first industry city focusing on the production of steel and other metals, an official said. Tsingshan Holding Group will undertake the project in Basra…
Select Group, a leading real estate developer, has announced that it had awarded Arabian Construction Company (ACC) the construction contract for its ultra-luxury development, Six Senses Residences Dubai Marina, with a…
Morocco's Ministry of Industry and Commerce has officially launched an anti-dumping investigation into imports of CR steel originating from Egypt, as announced in a public notice. The probe follows a complaint filed by…
YC Inox TR Celik has begun manufacturing EN 10357 stainless steel sanitary tubes, which are used in the food, pharmaceutical, and chemical industries. YC Inox's plant is now the only pipe manufacturer in the country…
Nakheel, a member of Dubai Holding Real Estate, has awarded three major contracts, collectively valued at more than USD 1.4 bln for the development of beach and coral collection villas on the first six fronds of Palm…
The value of projects awarded by the Kuwaiti government to companies listed on the bourse plunged by nearly 38 pct in the first nine months of 2024, official figures have shown. From around USD 4.29 bln in the first…
Pakistani flat steel producers, International Steels Limited (ISL) and Aisha Steel, have raised prices for CRC and galvanized coil products by PKR 10,000 (USD 36) per ton in the domestic market, compared to their…
Turkish steel producer Kardemir has secured a new rail export contract in Algeria, according to a stock exchange filing. The deal is valued at USD 11.2 mln, with delivery set to be completed within three months of the…
India's Jindal Steel Group is set to acquire Vitkovice Steel, a leading steel plate producer in the Czech Republic, in a move that will positively impact the Vulcan Green Steel project currently under construction in…
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