Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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41 news items in Base Metal. Show all
Turkish steelmaker Ekinciler Demir ve Celik Sanayi plans to establish a facility at its Iskenderun, Hatay plant to recover zinc from electric arc furnace (EAF) dust and produce commercial zinc oxide. The approximately…
CME Group has launched its U.S. Zinc Futures contract, with the first trades executed by Glencore and Trafigura on CME Globex on August 20 for September delivery. The contract, which is physically settled and listed by…
UAE's Galva Hub Metal Coating has received 825 tons of zinc at its facility in Metal Park, within Khalifa Economic Zones Abu Dhabi (KEZAD), paving the way for commissioning of the UAE's largest hot-dip galvanizing…
Shyam Middle East FZC, a subsidiary of India's Shyam Steel Group, has inaugurated its first overseas manufacturing facility in the Hamriyah Free Zone in Sharjah with an initial investment of AED 60 mln (USD 16.3 mln)…
U.S.-based technology company Boston Metal has raised USD 75 mln in new funding to accelerate deployment of its Molten Oxide Electrolysis (MOE) technology platform and expand production of critical metals globally. The…
Shyam Middle East Resources FZ-LLC, part of India's Shyam Steel Group, is establishing a new non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ)…
Global commodities trader Trafigura entered exclusive negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) to develop a new primary aluminum smelter project in…
Steel Dynamics reported net income of USD 403 mln in the first quarter of 2026, compared with USD 266 mln in the previous quarter and USD 217 mln a year earlier, supported by higher steel shipments and improved pricing…
Egypt is reviewing a proposal by China's Henan Zhongfu Industrial to establish a USD 2 bln aluminium manufacturing complex in the Suez Canal Economic Zone (SCZone). The project, discussed during a meeting with Prime…
Voestalpine has secured aerospace sector orders worth around EUR 1 bln (USD 1.1 bln) over the next five years, marking the largest such order volume in the company's history. The contracts include Airbus and cover a…
The United States has revised its Section 232 tariff regime on steel, aluminum and copper imports, introducing changes to derivative products while maintaining high duties on core metal products. Under the updated…
The Middle East steel industry is increasingly being drawn into the ongoing regional conflict, with escalating hostilities heightening uncertainty across energy, logistics and industrial supply chains. According to…
Saudi Arabia's United Wire Factories Company (Aslak) has obtained a non-objection certificate from the General Authority for Competition (GAC) for its planned acquisition of a 40pct stake in Al Raeda Industrial…
Adani Ports and Special Economic Zone (APSEZ), NMDC and Vale have signed a Memorandum of Understanding (MoU) to collaborate on iron ore-related opportunities, marking a significant step toward strengthening India-Brazil…
Saudi Arabia's Tahweel Metal Industry Company (TMIC) has signed a contract with SMS group for the engineering, manufacture and supply of a six-high aluminum cold rolling mill to produce high-quality aluminum strip. The…
Kloeckner Metals Corporation (KMC) has announced the acquisition of Camalloy, a stainless steel and aluminum service center based in Washington, Pennsylvania. The Camalloy facility operates as a fast-turn service center…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
Saudi Arabia's Al Masane Al Kobra Mining Co. (AMAK) has announced a temporary suspension of zinc and copper concentrate processing at its Al Masane (ALM) process plant for around 16 weeks from 22 January 2026, in line…
Sohar Port and Freezone has signed a USD 50 mln investment agreement with Oman Zinc LLC to develop a Zinc Ash Recycling Industrial Park on a 10-hectare site within the Sohar Freezone, according to a press release. The…
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