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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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356 news items in Production Statistics. Show all

Middle East steel output rises in Jan-Feb 2026

Middle East

Crude steel production in the Middle East increased by 6.8pct YoY to 7.1 mln tons in January-February 2026, according to data from the World Steel Association. In February alone, output inched higher 0.1pct YoY to 3.7…

Kardemir narrows net loss in 2025

Turkey Turkey

Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…

Kocaer Celik's net profit surges in 2025

Turkey Turkey

Turkish steel profile producer Kocaer Celik reported net profit of TRY 473.5 mln (USD 10.77 mln) in 2025, up sharply from TRY108.5 mln in 2024, according to the company's annual financial statement. Net sales, however…

Cemtas net loss widens in 2025

Turkey Turkey

Turkish steel producer Cemtas Celik reported a net loss of TRY 115.96 mln (USD 2.64 mln) for the full year 2025, widening from a net loss of TRY 39 mln recorded in 2024, according to the company's stock exchange…

Erdemir reports sharp profit decline in 2025

Turkey Turkey

Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…

ArcelorMittal posts higher profit in 2025

Luxembourg Luxembourg

ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…

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