Middle East Steel News
Group Five Pipe posts strong profit growth in 2025
Saudi Arabia's Group Five Pipe reported a sharp increase in net profit for 2025, according to its financial statement.
Net profit rose to SAR 144.8...
East Pipes expands capacity with new production line
Saudi Arabia's East Pipes Integrated Company for Industry has completed the construction and installation of a new helical submerged arc welded (HSAW) pipe production...
Aisha Steel ratings reaffirmed on stable outlook – VIS
Aisha Steel Mills Limited (ASL) has had its entity ratings reaffirmed at 'BBB+/A2' by VIS Credit Rating Company Limited, with a stable outlook.
The ratings...
Ekinciler Demir Celik to install Danieli billet welding system
Turkish steel producer Ekinciler Demir Celik has selected Danieli to supply a sixth-generation Horizontal Billet Welder (HBW) equipped with K-Welding technology for its rolling...
Ukraine launches AD probe into Turkish steel bars, angles
Ukraine has initiated an anti-dumping investigation into imports of steel bars and angles from Turkey, following a complaint filed by domestic steel producer ArcelorMittal...
Global Steel News
Iron ore futures edge lower on cautious demand outlook
Iron ore futures retreated on Wednesday as cautious sentiment over demand outlook weighed on the market.
High port-side inventories in China continued to act as...
Tata Steel, USTB sign MoU on low-carbon steelmaking
Tata Steel has signed a memorandum of understanding (MoU) with the University of Science and Technology Beijing (USTB) to collaborate on the development of...
Marubeni-Itochu Steel establishes pipe distribution firm in Georgetown
Japan-based Marubeni-Itochu Steel Inc. has established a steel pipe and tubular products distribution company in Georgetown, Guyana, expanding its presence in the growing energy...
JSW, ArcelorMittal Poland sign coking coal supply deal
Poland-based Jastrzebska Spolka Weglowa (JSW) has signed a coking coal supply agreement with ArcelorMittal Poland valued at approximately PLN 2.1 bln (USD 560 mln)...
TMK supplies first batch of laser-welded large-diameter pipes
Russia-based TMK Group has delivered its first commercial batch of large-diameter pipes (LDP) produced using hybrid laser-arc welding (HLAW) technology. The pipes are intended...
