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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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Tubacex secures new umbilical tube contracts

Spain Spain

Tubacex has secured three new umbilical tube contracts worth a combined EUR 26 mln (USD 30.6 mln), lifting its order book in this high-value offshore Oil & Gas segment to a record level. Awarded by three global clients…

IIL posts strong earnings growth in H1 FY26

Pakistan Pakistan

Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp improvement in earnings for the first half of FY26 ended December 31, 2025. The company's net profit rose 80pct YoY to PKR…

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