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Wednesday, August 12, 2026

ME Steel News

Borusan Pipe reports stronger H1 results, raises 2026 guidance

Turkish pipe producer Borusan Pipe reported stronger financial results in the first half of 2026, supported by higher project deliveries, improved operational efficiency and...

Rebar exports show strong growth in H1 2026

Turkey's rebar exports increased nearly 13pct YoY to 2.26 mln tons in the first half of 2026, according to Turkish Statistical Institute (TUIK) data,...

IDA launches billet production licences tender to expand domestic steelmaking capacity

Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8...

Erdemir H1 profit surges on higher output and sales

Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales...

Maadaniyah narrows loss in H1 2026

Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) reported lower revenue but reduced net losses in the first half of 2026, supported by...

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