Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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998 news items in Statistics. Show all
Pakistan's scrap imports fell by 6.74pct YoY in February 2025, totaling 238,043 tons, according to the Pakistan Bureau of Statistics (PBS). However, on a monthly basis, imports rose by 11.33pct compared to January 2025…
Pakistan's finished steel imports saw a sharp increase in February 2025, reaching 326,859 tons, a 70.7pct YoY rise from 191,481 tons in February 2024, according to the Pakistan Bureau of Statistics (PBS). On a monthly…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
Saudi Arabia's Group Five Pipe posted a significant surge in net profit, reaching SAR 38.5 mln (USD 10.2 mln) in 2024, compared to SAR 9.37 mln in the previous year, according to a stock exchange filing. Revenues more…
Turkey's rebar exports soared to 415,600 tons in the latest reporting period, marking a significant increase of over 55pct YoY, according to data from the Turkish Statistical Institute (TUIK). Month-on-month, exports…
Turkish steel manufacturer Kocaer Celik reported a sharp decline in net profit for 2024. In a stock exchange filing, the company announced a net profit of TRY 83.12 mln (USD 2.26 mln), a significant drop from TRY 1.7…
Iran's steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to the Iranian Steel Producers Association (ISPA). The downturn has…
Turkey's scrap imports fell 20pct in January 2025 YoY, according to data from the Turkish Statistical Institute (TUIK). The country imported 1.5 mln tons during the period, down from 1.8 mln tons in the same month last…
Pakistan's Aisha Steel Limited reported losses in the first half of fiscal year 2025, ending December 31, 2024, according to a stock exchange disclosure. The company posted a net loss of PKR 1.7 bln (USD 6 mln), a sharp…
Turkey's billet imports surged in January 2025, more than doubling YoY to approximately 390,900 tons, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the largest supplier, delivering…
Saudi Arabia's Arabian Pipes Co. (APC) reported a net profit of SAR 168.18 mln (USD 44.8 mln) in 2024, reflecting a 27.3pct YoY increase, according to its stock exchange filing. The profit growth was driven by higher…
Turkish steelmaker Karabuk Demir Celik (Kardemir) reported a deeper net loss in 2024, according to its latest financial report. The company's net loss rose to TRY 3 bln (USD 82.9 mln), up from TRY 2.29 bln in the…
India's steel imports fell sharply in February to 0.6 mln tons, marking a 40pct decline sequentially and 29pct drop month-on-month. The decline was driven by concerns over an ongoing DGTR probe, which has raised…
China's steel exports rose 6.7pct YoY in the first two months of 2025, reaching 16.97 mln tons, according to the General Administration of Customs. Despite strong export figures, the outlook for Chinese steel remains…
Maghreb Steel, Morocco's leading flat steel producer, reported a nearly 16pct YoY increase in revenue for 2024, driven by strong domestic sales. The company's revenue rose to MHD 5.42 bln (USD 546 mln), up from MHD 4.68…
Turkey's Steel Exporters' Association (CIB) recently organized a trade delegation to Kosovo to enhance trade relations between the two countries. The meetings brought together representatives from 28 Turkish companies…
The Middle East and North Africa (MENA) region is well-positioned to lead the global shift toward green iron and steel, leveraging its competitive advantages in renewables, green hydrogen, and steel production…
Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD 80 mln last year, according to the local media reports. CEO Eng. Hassan…
Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according to the Turkish Steel Producers' Association (TCUD). The growth was driven…
Agha Steel Industries Limited reported a net loss of PKR 3.84 bln (USD 13.7 mln) for H1 FY25, a sharp increase from the PKR 219 mln loss in the same period last year. Revenue dropped 42.6pct YoY to PKR 5.3 bln (USD 19.1…
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