Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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429 news items from Saudi Arabia. Show all
Al Yamamah Steel Industries Company has announced the appointment of Saad Ibrahim Al Mojil as its new Chairman of the board. This decision was made during the shareholder's resolution on June 7, 2023, and subsequently…
Turkish steel exports to the GCC region experienced a mixed performance in May 2023. While Turkish steel exports to Saudi Arabia declined, there was a notable increase in exports to the UAE and Qatar. In May 2023, the…
Vallourec, a global leader in premium tubular solutions for the energy industry, has announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA). The MoU, signed…
India’s major engineering firm, Larsen & Toubro (L&T) has strengthened its commitment to Saudi Arabia's vision of a diversified and self-sustaining economy. In line with the IKTVA (In-Kingdom Total Value Add) initiative…
Saudi Iron and Steel Company (Hadeed) has decided to keep the prices of rebar and wire rod unchanged for the production in July. The company has maintained the pricing of rebar, ranging from 12-32 mm, and wire rod…
According to the latest data released by the World Steel Association, crude steel production in the Middle East witnessed a 1.1pct growth during the first four months of 2023, reaching a total of 18.7 mln tons compared…
Arabian Pipes Co. (APC) has been awarded a supply contract worth around SAR 27 mln (USD 7.19 mln) by Saudi Aramco, as stated in an announcement to Tadawul. Under the terms of the contract, APC will provide steel pipes…
King Abdullah Economic City (KAEC) has announced a landmark agreement with Vivienda, a well-known hospitality brand owned by the Forus Real Estate Investment and Development Company in the kingdom, for setting up a…
Kuwait-based Heavy Engineering Industries & Shipbuilding Co. (HEISCO) announced that its branch in Saudi Arabia has been awarded a significant contract by the main contractor. The project holds a substantial value of…
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