Thursday, March 6, 2025
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    ME Steel News

    El-Marakby Steel targets 10pct export growth in 2025

    Egypt admin - 0
    Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD...
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    British Steel supplies rails for Green Line railway project

    Egypt admin - 0
    Egypt has taken a significant step toward modernizing its rail infrastructure with the recent dispatch of British Steel-manufactured rails for the country's first fully...
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    Hassan Allam subsidiary awarded infra works contract for Port of NEOM

    ME Steel News admin - 0
    Hassan Allam Holding announced that its subsidiary, Hassan Allam Roads & Bridges, has been awarded the road and paving works for the Port of...
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    PAHW awards key housing and infrastructure contracts to Chinese firm

    Kuwait admin - 0
    China Gezhouba Group Company Limited (CGGC) has signed two contracts worth a combined USD 557 mln with Kuwait's Public Authority for Housing Welfare (PAHW). The...
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    Steel exports and imports climb in Jan 2025 – TCUD

    Duties / Regulations admin - 0
    Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according...
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    Agha Steel reports heavy losses in H1 FY25, management pursues recovery strategies

    Expansions / Changes admin - 0
    Agha Steel Industries Limited reported a net loss of PKR 3.84 bln (USD 13.7 mln) for H1 FY25, a sharp increase from the PKR...
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    ASRY and ADSB sign MoU to strengthen maritime repair and fabrication

    Bahrain admin - 0
    Bahrain's Arab Shipbuilding and Repair Yard (ASRY), the Arabian Gulf's leading maritime repair and fabrication facility, has signed a memorandum of understanding (MoU) with...
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    KCPC awarded construction contract for South Saad Al-Abdullah City project

    Kuwait admin - 0
    A Kuwaiti company announced it has signed a contract for construction work at South Saad Al-Abdullah City in the outskirts of the capital Kuwait...
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    Borusan Pipe reports net loss in 2024 amid market challenges

    ME Steel News admin - 0
    Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit...
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    Amreli Steels posts wider losses in H1 FY25 as revenue shrinks

    Long admin - 0
    Pakistan's Amreli Steels reported a net loss of PKR 1.87 bln (USD 6.7 mln) for the first half of the fiscal year 2025 ending...
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