Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Showing Saudi Arabia — 417 articles. Show all
Saudi Arabia’s imports of Chinese HR steel totaled 1.49 mln tons in January-August 2026, down 4.7 pct YoY, despite significant disruptions to shipping routes and vessel availability during the…
Chinese manufacturer Windus Enterprises Inc. has secured an order to supply super duplex stainless steel seamless pipes for the desalination and industrial water system supporting Saudi Aramco’s…
East Pipes Integrated Company for Industry has signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes, with a value exceeding SAR 771 mln (USD 205.6…
Group Five Pipe Saudi Co. has signed a SAR 270.6 mln (USD 72 mln) contract, including VAT, with Saudi Aramco for the manufacture and supply of spiral welded steel pipes. The contract was signed on…
Major OCTG manufacturers ArcelorMittal Tubular Products Al-Jubail (AMTPJ), Jubail Energy Services Company (JESCO) and Tenaris have signed customer agreements with ASMO, the Aramco-DHL joint venture…
Al Yamamah Steel Industries Co. has signed a SAR 103.14 mln (USD 27.5 mln) contract to supply steel towers to a branch of National Power Construction Corporation Ltd. (NPCC) for a 380 kV…
Arabian Pipes Company has signed a contract with Saudi Aramco for steel pipe coating works valued at around SAR 19 mln (USD 5 mln). The contract has a duration of 11 months, with its financial impact…
Ajeej Steel Manufacturing Co. has renewed a SAR 50 million (USD 13.3 mln) Shariah-compliant banking facility with Bank Aljazira, its parent company National Building & Marketing Company announced in…
East Pipes Integrated Company for Industry has signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes. The contract is valued at around SAR 20 mln (USD…
Saudi Iron and Steel Company (Hadeed) has reduced its domestic scrap buying prices by SAR 70 (USD 19) per ton, effective September 11, amid relatively moderate finished steel demand. The reduction…
Vallourec has confirmed the signing of an agreement with Saudi Aramco for the supply of oil country tubular goods (OCTG), confirming media reports previously cited by MESTEEL. Aramco’s original…
Saudi Arabia’s billet market remains heavily affected by logistics disruptions, with tight vessel availability, high freight costs and lengthy berthing delays continuing to complicate imported…
Saudi Arabia’s Molan Steel Co. reported a 72pct YoY decline in revenue to SAR 9.3 mln (USD 2.47 mln) in the first half of 2026, while its net loss widened to SAR 11.1 mln (USD 2.95 mln) from SAR 2.8…
Saudi Arabia’s Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by higher revenues from its steel fabrication…
Saudi Arabia’s Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by SAR 100-125 (USD 27-33) per ton. Hadeed is…
Saudi Arabia’s Group Five Pipe Saudi Company reported a 14.3pct YoY increase in net profit to SAR 143.1 mln (USD 38 mln) in the first half of 2026, supported by lower production costs per ton…
Chinese tubular products manufacturer Dalipal Holdings has signed a 25-year lease for a 1.03 mln sq m plot at King Salman Energy Park (SPARK) in Dammam, Saudi Arabia, where it plans to establish a…
Aramco has signed a purchase agreement for oil country tubular goods (OCTG) with French tubular products maker Vallourec, according to media reports, as part of a package of agreements and a…
Saudi Arabia’s Al Yamamah Steel Industries is advancing its planned billet production project after its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, signed a SAR 500 mln (USD 133.3 mln)…
Saudi Arabia’s Ajeej Steel Manufacturing Co., a subsidiary of National Building & Marketing Co., has signed a five-month Sharia-compliant banking facility worth SAR 75 mln (USD 20 mln) with First Abu…
China’s iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel demand and high iron ore inventories at…
Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now focused on completing the factory structure and installing…
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive…
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and pellet plant to start up in the US in 50 years. The company…
Italian special steelmaker ABS Acciaierie Bertoli Safau, part of the Danieli Group, has opened a new service center in Varnamo, Sweden, strengthening its presence in the Nordic market. The facility…
China’s iron ore futures edged higher on Wednesday as concerns over Brazilian supply provided support, although weakening steel mill profitability and expectations of lower steel output limited the…
Tata Steel has issued the Final Acceptance Certificate for a coke-oven gas purification and hydrogen production system supplied by Canada’s PyroGenesis through its subsidiary Pyro Green-Gas at the…
Vow ASA’s wholly owned subsidiary Scanship AS has entered into an exclusive collaboration agreement with Danieli Corus B.V. to develop and market solutions for using biocarbon in integrated steel…
Italian industrial technology company Polytec has acquired a 51pct stake in Green Project Marking & Reading Systems, strengthening its offering of automation, identification and traceability…
China’s iron ore futures declined on Tuesday as ample supply and rising port inventories weighed on sentiment, although pre-holiday restocking by steel mills and high freight costs continued to…
India’s largest iron ore producer NMDC is targeting production of 60 mln tons this fiscal year to meet growing demand from domestic steelmakers, Chairman Amitava Mukherjee said. NMDC produced 53.15…
Voestalpine has received the core equipment for a new electric arc furnace (EAF) at its Linz steelworks, with the facility scheduled to start operation in the first half of 2027. The equipment…
Huttenwerke Krupp Mannesmann (HKM) has permanently decommissioned Blast Furnace A at its Duisburg site after more than 53 years of operation, as part of Salzgitter AG’s transition toward lower-carbon…
B5Plus Group has selected Danieli to supply equipment for a new rebar and wire rod mill in Abidjan, Cote d’Ivoire (Ivory Coast), with production capacity of 50 tons per hour, or around 300,000 tons…
Severstal has completed development and started production of Forcera weather-resistant steel in thin-sheet form, targeting long-life protective structures for road and civil infrastructure. The…
China’s iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited upward momentum. Analysts…
China Baowu and BHP have renewed their steel decarbonization partnership through a new five-year Memorandum of Understanding (MoU), extending collaboration that began in 2020. The partners will…
Indonesia’s Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation into imports of galvanized steel (BJLS) from China, following an application submitted by PT Tata Metal Lestari…
Vallourec has been selected by EnEarth, a subsidiary of Energean, to supply approximately 3,000 tons of casing pipes and accessories for the first phase of the Prinos CO2 carbon storage project in…
The European Commission has imposed a provisional safeguard measure on imports of certain grain-oriented electrical steel (GOES), citing a sharp increase in imports and serious injury to EU…
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