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
Glencore has confirmed it is in preliminary discussions with Rio Tinto regarding a possible combination of some or all of their businesses, following recent media speculation. The talks could include an all-share…
Egypt has signed a USD 140 mln long-term syndicated financing agreement for the first phase of a metallic silicon and derivatives complex planned for the industrial zone in New Alamein, according to the Ministry of…
Haynes International Inc., a nickel- and cobalt-based alloy producer based in Kokomo, Indiana and part of North American Stainless, a subsidiary of Acerinox Group, has commissioned SMS group to supply a fully integrated…
Mughal Iron & Steel Industries Ltd (Mughal Steel) is accelerating expansion in its core ferrous operations while keeping its copper segment on hold amid global market volatility, the company said during a corporate…
Aluminium Bahrain (Alba), the world's largest single-site aluminium smelter, has signed a strategic partnership with China's Shandong Innovation Group (SIG) and investment firm BlueFive Capital to enhance collaboration…
Outokumpu is advancing its EVOLVE strategy (2026-2030) with a USD 45 mln investment in a new pilot plant in New Hampshire, U.S., aimed at producing carbon-free materials such as chromium metal and enriched ferrochrome…
The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Mughal Iron & Steel Industries Limited (Mughal Steel), citing the company's resilience despite ongoing challenges in the wider steel…
Saudi Arabia's Aluminium Products Company (ALUPCO) and Hong Kong's Asia Aluminum Group (AAG) have signed a USD 500 mln agreement to establish the region's largest integrated downstream aluminum base in Riyadh. The…
Beco Steel said it is in advanced discussions with an international client for an export order worth USD 22 mln for the coming financial year, according to a stock exchange filing. The company did not disclose the…
Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing to the stock exchange. According to the company, the copper…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
The Gulf Cooperation Council (GCC) has announced the imposition of anti-dumping duties on imports of aluminum alloy flat products from China. According to the GCC's Bureau of Technical Secretariat for Anti-Injurious…
The European Commission has announced a comprehensive action plan to support and expand industrial capacities in the steel and metals sectors, aiming to counter market distortions such as global overcapacity and…
Iraq plans to open its first steel-focused industrial zone this year in Basra as part of a broader effort to attract investment in steel, petrochemicals, and other sectors, according to the official Al-Sabah daily. The…
Naba Alsaha Medical Services Co. has awarded Siab Aluminum Factory a USD 2.73 mln contract (excluding VAT), according to a stock exchange filing. The contract involves the supply, installation, and testing of glass…
Mill Steel Co., one of the largest distributors of flat-rolled carbon steel, stainless steel, and aluminum in the U.S., has acquired Maryland Metals Processing (MMP), a major stainless and aluminum toll processor based…
Thyssenkrupp Aerospace and SKF have signed a two-year contract extension for the supply of steel, stainless steel, titanium, aluminum, and copper to SKF's facility in Lons le Saunier, France. As part of this agreement…
Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine Camtec GmbH by the end of the 2025/26 business…
Almasane Alkobra Mining Company (AMAK) has signed a letter of intent with UK-based Power Metal Resources Plc to form a joint venture aimed at advancing exploration on AMAK's Qatan Exploration License in southwest Saudi…
Vale has entered into a binding agreement with Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund, for an investment in Vale Base Metals Limited (VBM), the holding entity for…
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