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Steel production in Arab countries increased by 7.2% in 2025

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Steel production in Arab countries recorded noticeable growth during 2025, with total output for the January–December period reaching around 43.7 million tonnes, an increase of 7.2% compared to the same period in 2024. December production alone rose to 3.9 million tonnes, marking a year-on-year growth of 6.1%. Gulf RegionGulf countries continued to show strong performance, …

Steel production in Arab countries increased by 7.2% in 2025 Read More »

East Pipes Announces Establishment of a New External Steel Pipe Coating Line at a Cost of SAR 78.5 Million

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The Board of Directors of East Pipes Integrated Company for Industry has approved the establishment of a new external steel pipe coating line at the company’s pipe coating plant located in the Second Industrial City in Dammam, at an estimated cost of approximately SAR 78.5 million. In a statement published on Tadawul, the company said …

East Pipes Announces Establishment of a New External Steel Pipe Coating Line at a Cost of SAR 78.5 Million Read More »

Hadeed and Bahri sign a Letter of Intent to explore cooperation in maritime transport solutions

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Saudi Iron & Steel Company (Hadeed) and the National Shipping Company of Saudi Arabia (Bahri) have signed a letter of intent to explore opportunities for cooperation in maritime transport to meet Hadeed’s requirements for seaborne iron ore shipments. The LOI, signed in Riyadh, outlines the two parties’ intention to discuss mechanisms for leveraging Bahri’s capabilities …

Hadeed and Bahri sign a Letter of Intent to explore cooperation in maritime transport solutions Read More »

Memorandum of Understanding Signed Between “Solb Steel” and the National Center for Industrial Development for Special Bar Quality and Round Steel Billets

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A Memorandum of Understanding (MoU) was signed between Steel Steel Company and the National Industrial Development Center to cooperate in the production of special bar quality (SBQ) and round steel billets, in line with the objectives of Saudi Arabia’s Vision 2030, which aims to localize industry and create new job opportunities. The MoU aimed to …

Memorandum of Understanding Signed Between “Solb Steel” and the National Center for Industrial Development for Special Bar Quality and Round Steel Billets Read More »

Hadeed raises rebar prices for January and keeps wire rod prices unchanged

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Saudi Iron and Steel Company (Hadeed) announced an increase in rebar prices for January sales, while maintaining wire rod prices at their current levels. According to the company, rebar prices for sizes 12–32 mm were raised by SAR 70 per ton, reaching SAR 2,190 per ton.Meanwhile, wire rod prices for sizes 6.5–16 mm remained stable …

Hadeed raises rebar prices for January and keeps wire rod prices unchanged Read More »

Crude steel production report in Arab countries during January – November 2025

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The steel sector in the Arab region witnessed notable positive developments during the period from January to November 2025, reflected in higher production levels and improved overall performance in several Arab countries. This progress was supported by the continued implementation of major development projects and increased demand for steel products, particularly in infrastructure and construction …

Crude steel production report in Arab countries during January – November 2025 Read More »

The CEO of Al Ittifaq Steel Company stated that the current focus is on GCC markets due to global steel price conditions.

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Sharjeel Azhar, CEO of Al-Ittifaq Steel, stated that the company’s largest markets are concentrated within the region and explained that Al-Ittifaq Steel was the first Saudi exporter to Canada, and has also exported to Hong Kong, Singapore, and countries in the Far East. However, With current global steel price levels, Azhar believes the main focus …

The CEO of Al Ittifaq Steel Company stated that the current focus is on GCC markets due to global steel price conditions. Read More »

Report : Crude Steel Production in Arab Countries for January – October 2025

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The steel sector in the Arab region recorded a steady and balanced performance during October 2025 across the Gulf, North Africa, and the Eastern Mediterranean. Most Arab countries achieved notable growth in production, supported by continued industrial expansion and rising local and regional demand for steel products.Aggregated data for the period from January to October …

Report : Crude Steel Production in Arab Countries for January – October 2025 Read More »

Afro-Asian Investors Union’s Chamber of Metal Industries Holds Its First Meeting

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The Board of Directors of the Chamber of Metal Industries at the Afro-Asian General Union of Investors held its first meeting on the sidelines of the Middle East Iron and Steel Conference in Dubai. The meeting addressed the major transformations taking place in the global iron and steel industry, particularly shifts in trade flows, the …

Afro-Asian Investors Union’s Chamber of Metal Industries Holds Its First Meeting Read More »

Saudi Arabia: Over SAR 237 Billion in Real Estate Deals at Cityscape Expo

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Saudi Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority, Majid Al-Hogail, said that the results achieved at the Cityscape Expo reflect the strength of Saudi Arabia’s real estate sector and the development of its investment environment, noting that more than SAR 237 billion in real estate deals were …

Saudi Arabia: Over SAR 237 Billion in Real Estate Deals at Cityscape Expo Read More »

Partnership Between Hassan Allam and Telal Real Estate with the National Housing Company to Develop an Integrated Residential Project in Riyadh

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Hassan Allam Holding and Telal Real Estate have signed an agreement with the National Housing Company (NHC) to develop the first mixed-use project in the Khuzam district, north of Riyadh, during Cityscape Global 2025. The signing ceremony was attended by the Minister of Municipal and Rural Affairs and Housing, along with senior executives from the …

Partnership Between Hassan Allam and Telal Real Estate with the National Housing Company to Develop an Integrated Residential Project in Riyadh Read More »

Saudi Pipes Reports SAR 147 Million Profit for the First Nine Months of 2025

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Saudi Steel Pipes Company, a producer of steel pipes, reported a net profit of SAR 147 million for the first nine months of 2025, down from SAR 158 million during the same period in 2024. The company attributed the profit decline to the following factors: – Lower revenues, resulting from decreased sales volumes. Despite this …

Saudi Pipes Reports SAR 147 Million Profit for the First Nine Months of 2025 Read More »

Arabian Pipes’ Profit Falls to SAR 102.4 Million (-34%) by the End of the First Nine Months of 2025

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Arabian Pipes Company (APC), which specializes in the production and sale of steel pipes, reported a 34% decline in net profit, reaching SAR 102.4 million by the end of the first nine months of 2025, compared to SAR 155.7 million recorded during the same period in 2024. The company attributed the profit drop to the …

Arabian Pipes’ Profit Falls to SAR 102.4 Million (-34%) by the End of the First Nine Months of 2025 Read More »

Crude steel production in Arab countries increased by 7.5% in Jan. -Sep. 2025.

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Crude steel production in Arab countries reached 3.9 million tons in September 2025, marking a 15.1% increase compared to September of the previous year. Meanwhile, total production from January to September reached 32.3 million tons, up 7.5% year-on-year, according to the latest data from the World Steel Association (World Steel). This reflects the continued recovery …

Crude steel production in Arab countries increased by 7.5% in Jan. -Sep. 2025. Read More »

Al-Ittefaq Steel: No Slowdown in Demand; Scrap Prices Continue to Rise Amid Shortage

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Jassim Al-Abbas, General Manager of Marketing, Sales, and Business Development at Al-Ittefaq Steel, confirmed that domestic steel demand in Saudi Arabia stands at around 7.5 million tons annually, while the total installed production capacity of all steel plants in the Kingdom is approximately 15 million tons per year. Speaking to Argaam on the sidelines of …

Al-Ittefaq Steel: No Slowdown in Demand; Scrap Prices Continue to Rise Amid Shortage Read More »

Egypt and Saudi Arabia Discuss Strengthening Industrial Cooperation in the Iron and Steel Sector

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Lieutenant General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, participated alongside Bandar Al-Khorayef, Saudi Minister of Industry and Mineral Resources, in the ministerial session titled “Empowering the Localization of the Iron Value Chain to Support Economic Growth and Income Diversification”, held within the framework of the 3rd Saudi …

Egypt and Saudi Arabia Discuss Strengthening Industrial Cooperation in the Iron and Steel Sector Read More »

Minister of Industry: SAR 60 Billion in New Investment Opportunities in the Steel Sector

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Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef revealed the completion of studies to determine the optimal options to address the local market deficit and reduce steel flat product imports. He noted that there are investment opportunities worth around SAR 60 billion, distributed across a range of key products vital to the Kingdom’s …

Minister of Industry: SAR 60 Billion in New Investment Opportunities in the Steel Sector Read More »

National Committee for the Steel Industry: Demand Shows Positive Growth and Expected to Continue

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Bandar Al-Sulaim, Chairman of the National Committee for the Steel Industry, stated that demand for steel products in Saudi Arabia and the Arab world has witnessed positive growth in recent years. In an interview with Argaam, Al-Sulaim expressed optimism that this momentum will continue in the coming years, supported by the mega projects associated with …

National Committee for the Steel Industry: Demand Shows Positive Growth and Expected to Continue Read More »

“Al Yamama Steel” Launches First Wind Energy Systems Factory in Yanbu

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Under the supervision and support of the Ministry of Energy, Al Yamama Steel Industries inaugurated the commercial production of its Wind Energy Systems Factory at its new headquarters in Yanbu Industrial City, marking a pioneering step in supporting the national transition to clean energy and contributing to the goals of Saudi Vision 2030. The factory …

“Al Yamama Steel” Launches First Wind Energy Systems Factory in Yanbu Read More »

Arab Countries’ Crude Steel Output Rises 6.1% in January–August 2025

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Arab countries’ crude steel production reached 3.64 million mt in August 2025, recording a growth of 12.7% compared to the same period last year, while total output in the January–August period amounted to 28.26 million mt, up 6.1% year on year, according to the latest data released by the World Steel Association (WorldSteel). Gulf RegionGulf …

Arab Countries’ Crude Steel Output Rises 6.1% in January–August 2025 Read More »

Saudi-Mauritanian Partnership to Produce 14 Million mt of Iron Ore

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Saudi Arabia and Mauritania are preparing to launch a strategic partnership in iron ore mining, aimed at expanding economic cooperation and boosting investment flows between the two nations, according to media reports. The initiative was agreed upon following a meeting in Mecca between Saudi Crown Prince Mohammed bin Salman and Mauritanian President Mohamed Ould Cheikh …

Saudi-Mauritanian Partnership to Produce 14 Million mt of Iron Ore Read More »

Arab countries’ crude steel production increased by 13.2% in July 2025

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Arab countries recorded a strong increase in crude steel production during July 2025, with total output reaching 3.61 million tons, up 13.2% compared with the same month in 2024, according to the latest data released by the World Steel Association. Strong Performance in the Gulf Region Gulf countries contributed 1.858 million tons in July 2025, …

Arab countries’ crude steel production increased by 13.2% in July 2025 Read More »

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