Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Celsa has completed a refinancing process, marking the conclusion of a financial and operational restructuring initiated in 2023. The transaction includes the issuance of EUR 600 mln (USD 706 mln) in HoldCo PIK notes…
Jindal Steel Ltd. (formerly Jindal Steel and Power Ltd.) has significantly expanded its manufacturing capabilities at its Angul plant in Odisha, tripling its heat-treated plate capacity from 20,000 tons per month to…
Nippon Steel Blast Furnace Slag Cement and Nippon Steel Cement, both consolidated subsidiaries of Nippon Steel Corporation, will merge on April 1, 2026, as part of efforts to strengthen their business foundation and…
Tata Steel has contracted international technology group Andritz to supply a new acid regeneration plant for its Port Talbot Works in Wales. The facility, scheduled for commissioning in late 2027, is designed to meet…
Tata Steel's board has reaffirmed its long-term growth strategy for the India business, focusing on disciplined capital allocation, capacity expansion, downstream growth, and low-carbon technologies. Several key…
JFE Bars & Shapes Corporation (JFE BS), part of the JFE Group, has chosen Danieli to replace its existing DC electric arc furnace with a new 120-ton Digimelter equipped with the Q-One power-feeding system at Mizushima…
Thyssenkrupp will temporarily suspend its electrical steel production in response to intense import competition and a weak market environment, the company's steel division announced. Beginning mid-December, operations…
ArcelorMittal Poland has completed a major investment at its Krakow site, finishing a 44-day modernization of Galvanizing Line No. 2 to enable production of sheet metal with the company's new Optigal coating. The line…
Jindal Steel Oman has signed a memorandum of understanding (MoU) with Sohar International Bank and Credit Oman to establish a framework that supports small and medium enterprises (SMEs) in procuring steel more…
Meranti Green Steel has appointed KfW IPEX-Bank as lead arranger and Jebsen & Jessen Industrial Solutions GmbH as a key partner for the export credit agency (ECA)-backed debt financing of its planned green HBI/DRI…
Jingjiang Yongjin Metal Technology has issued the final acceptance certificate (FAC) to Primetals Technologies following the successful delivery and installation of a full Level 1 and Level 2 automation system at its…
Steel Authority of India Limited (SAIL) has awarded Danieli Corus the contract to build a new greenfield mega Blast Furnace No. 6 at the IISCO Steel Plant in Burnpur. With a working volume of 4,680 m3 and an inner…
SSAB has introduced its Strenx Certified Fabricator network in the Netherlands, an initiative aimed at recognizing and promoting excellence in high-strength steel fabrication. As part of the launch, the company has…
JSW Steel reported a 5pct YoY increase in consolidated crude steel production to 2.43 mln tons in November 2025, according to a stock exchange filing. The growth was driven entirely by its Indian operations, which…
Greta Energy Limited has awarded Metso a contract to supply a traveling grate pelletizing plant for its greenfield steel project in Chandrapur, Maharashtra. The compact facility will be built around a 3-meter-wide…
Germany's GMH Gruppe has commissioned a new state-of-the-art Kocks Reducing & Sizing Block (RSB 445++/4) at its Georgsmarienhutte facility, enhancing product quality, dimensional accuracy, and rolling flexibility…
U.S. Steel has begun the process of restarting one of the two blast furnaces at its Granite City Works facility, following several months of assessing customer demand. President and CEO David B. Burritt said the…
ArcelorMittal is preparing to commission the first three production lines of its new electrical steel unit at the Mardyck site near Dunkirk by the end of 2025. Electrical steels, ultra-thin, specially treated steels…
Rugui Squares & Special Profiles, a leading Spanish steel producer, has successfully commissioned a new walking hearth reheating furnace at its Azkoitia facility, with the first hot billet rolled on November 27, 2025…
JSW Steel Ltd. and Japan's JFE Steel have agreed to form a 50:50 joint venture, under which JFE Steel will invest INR 157.5 bln (USD 1.75 bln) to acquire and operate Bhushan Power & Steel Limited's (BPSL) integrated…
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