Tuesday, December 24, 2024
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    ME Steel News

    Middle East steel production grows in Jan-Nov 2024 despite global downturn

    Crude steel production in the Middle East rose by 1.4pct YoY to 49.2 mln tons during the first eleven months of 2024, according to...

    Crescent Steel secures USD 5.38 mln contract for steel line pipes

    Crescent Steel and Allied Products Limited has been awarded a PKR 1.5 bln (USD 5.38 mln) contract, excluding sales tax, for the supply of...

    Canada sets final dumping margin for Conares in rebar AD investigation

    The Canada Border Services Agency (CBSA) has announced the final determination in its anti-dumping (AD) investigation concerning rebar imports from the UAE, Bulgaria, and...

    Union Properties breaks ground on USD 544 mln mixed-use project in Dubai

    Union Properties, a prominent UAE developer, has officially launched construction on its USD 544 mln mixed-use project, Takaya, located in Dubai's Motor City. Spanning 436,175...

    Scrap import prices steady as steel demand slows

    Scrap import prices remained stable this week, assessed at USD 345-350 per ton CFR. Sellers maintained firm pricing, citing reduced scrap collection during the...

    Welded steel pipe exports rise 8pct in Jan-Oct 2024 YoY

    Turkey exported nearly 1.7 mln tons of welded steel pipes in the first ten months of 2024, marking an 8pct increase compared to the...

    Karmod begins fourth phase of steel housing project in France

    Turkish modular construction company Karmod has launched the fourth phase of its steel housing project in Dijon, France, according to a statement. Ziya Yanik, Karmod's...

    Construction begins on Isa Town Gate Interchange project

    Bahraini authorities have announced that work has begun on the Isa Town Gate Interchange Project, located north of the Isa Town Gate Junction. The Tender...

    Kardemir slashes wire rod prices

    Turkish steel producer Kardemir has significantly lowered wire rod prices by USD 35 per ton compared to its November 13, 2024, price list. The updated...

    Ashry Steel secures credit facilities from Suez Canal Bank

    Suez Canal Bank has signed a cooperation agreement to provide Ashry Steel Group with EGP 2.35 bln (USD 46.1 mln) in credit facilities. The...

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