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
3,155 news items in Steel Mills. Show all
Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results. Net profit fell to TRY 405.8 mln (USD 9.0 mln) from TRY 447.9…
Pakistan's Amreli Steels Limited reported a return to profitability for the nine-month period ended 31 March 2026, primarily supported by gains from loan restructuring. The company posted a net profit of PKR 868 mln…
China's Baoshan Iron & Steel Co. reported weaker profitability in the first quarter of 2026, with net profit attributable to shareholders falling 8.6pct YoY to 2.23 bln yuan (USD 326 mln). Revenue rose 5.7pct YoY to…
India-based Tata Steel Limited has commissioned a 280 tons per day (TPD) cryogenic air separation unit (ASU) at its electric arc furnace (EAF)-based steel plant in Ludhiana, Punjab, in partnership with INOX Air Products…
India-based Vardhman Special Steels Limited (VSSL) has commissioned a new walking beam reheating furnace at its Ludhiana facility, enhancing its capability to produce high-quality special steel for the automotive…
Turkish steel producer, Kardemir has reduced rebar prices in its latest sales round. The company set prices for 12-32 mm rebar at TRY 26,815 (USD 595) per ton EXW, down from TRY 27,000 (USD 607) per ton in the previous…
US-based Electra has signed a joint development agreement with POSCO to advance and scale clean iron production technologies, alongside an investment from POSCO Investment. The partnership will focus on integrating…
Germany-based ArcelorMittal Eisenhuttenstadt, part of ArcelorMittal, has completed the replacement and commissioning of a new suspension system for its 255-ton LD converter (BOF) No.2 in partnership with Primetals…
France-based Saarstahl Ascoval, part of the Saarstahl Group, has entered into a long-term partnership with Mannesmann Precision Tubes to supply semi-finished steel for tube applications in the automotive and industrial…
Turkey-based Borusan Pipe said its US subsidiary Borusan Berg Pipe has secured around USD 100 mln in sales orders in the United States, according to a stock exchange filing. The orders cover large-diameter line pipes…
Egypt-based Suez Steel has obtained certification from TUV Rheinland for the production and marketing of railway rails, marking a first for the country's steel sector. The certification covers EC verification…
Pakistan's Mughal Iron & Steel Industries Limited, through its subsidiary Mughal Energy Limited, has initiated turbine rolling at its hybrid power plant, marking the start of phased power generation and system testing…
India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline in imports, according to a Reuters report citing provisional government data…
Tanzania-based Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a 50 tph pusher-type reheating furnace for its new bar and wire rod rolling mill complex. The project forms…
Spain-based Tubos Reunidos S.A. warned that its operations may face insolvency risk unless it secures financing and restructuring measures, according to a filing with the National Securities Market Commission. The…
ArcelorMittal, one of the world's largest integrated steel and mining companies, through its Steligence unit and ArcelorMittal International, together with partner JSteel, has signed a memorandum of understanding with…
Turkey's crude steel production increased by 5.3pct YoY to 9.74 mln tons in the first quarter of 2026, according to data from the Turkish Steel Producers' Association. Billet output declined by 1.6pct YoY to 5.74 mln…
Abu Dhabi-based Arabian Gulf Steel Industries LLC (AGSI) has signed a memorandum of understanding with real estate developer Fakhruddin Properties to support the use of low-carbon steel in upcoming developments. Under…
Jordan-based Arabian Steel Pipes Manufacturing Company reported higher net profit for the three months ended 31 March 2026, despite a decline in revenue, according to its unaudited financial statement. Revenue fell by…
ArcelorMittal Industeel has inaugurated a new vertical continuous casting installation at its Le Creusot site in France, representing a total investment of EUR 52 mln (USD 61 mln), including EUR 12 mln (USD 17.6 mln) in…
“Premium Content” marks a news item that needs a subscription to read in full.
