Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Pakistan's Beco Steel Limited has announced plans to diversify into rebar production, according to a filing with the stock exchange. The company will install a new furnace and a continuous casting mill, with the…
India's Godawari Power and Ispat Limited (GPIL) has announced plans to expand capacity at its Ari Dongri iron ore mine in Chhattisgarh's Kanker district. According to a stock exchange filing, a public hearing for…
The SHS - Stahl-Holding-Saar Group, together with subsidiaries Dillinger and Saarstahl, has secured EUR 1.7 bln (USD 1.97 bln) in financing to fully fund its Power4Steel project, one of Europe's largest steel…
Sterling Steel Company LLC has modernized its rolling mill in Illinois, with the completion of a major drive system upgrade by Primetals Technologies. The project involved replacing 16 outdated DC drives with new…
Maruichi Stainless Tube Co. Ltd., a leading Japanese manufacturer, has commissioned SMS group to supply a complete extrusion line for stainless steel tubes at its new greenfield site in Shimonoseki, Japan. The scope…
LY Steel has successfully started up a split-type 20-high HZ mill supplied by Primetals Technologies at its facility in Loudi, Henan Province, rolling the first coil of high-quality silicon steel for new energy…
ArcelorMittal has taken a significant step toward industrial decarbonization with the installation of a green hydrogen combustion system at its Olaberria plant in Spain, developed and implemented by Sarralle. The…
Hascelik has inaugurated a new sustainability-focused melt shop in the Bilecik Osmaneli Organized Industrial Zone, backed by an investment of USD 175 mln. The plant will produce specialty steel for the automotive…
The bankrupt Liberty Ostrava steelworks has been acquired by SPV NH Ostrava, a company owned by former Deputy Prime Minister Martin Pecina, for over CZK 3 bln (USD 143.6 mln), according to local media. The plant…
Rio Tinto, Mitsui, and Nippon Steel will jointly invest USD 733 mln to develop new iron ore deposits under the West Angelas Sustaining Project, part of the Robe River Joint Venture in Western Australia's Pilbara region…
ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) and Jubail Energy Services Company (JESCO) have closed a USD 1.4 bln strategic financing package to support their major heat treatment and advanced premium…
Turkish billet producer Vertra Steel has begun operations at its new automated, environmentally friendly plant in the Ceyhan Organized Industrial Zone, Adana. The facility, with an annual capacity of 800,000 tons, is…
ArcelorMittal Tubular Products Al-Jubail (TPJ), one of Saudi Arabia's most advanced industrial facilities, has completed the discovery phase of a warehouse optimization project in partnership with Sigma Software. The…
Russian steelmaker Severstal has commissioned a new reheating furnace (No. 3) at its Mill 2000 in the Cherepovets Iron and Steel Works (CherMK), boosting capacity and efficiency at the site. The furnace has a design…
Yamato Steel Co., a leading Japanese producer of beams and structural steel, has awarded SMS group a contract to modernize its section mill in Himeji. The project will replace two existing mill stands with SMS's compact…
Agha Steel Industries' Board of Directors has approved the restructuring of finance facilities worth PKR 23.2 bln (USD 82 mln) with banks and financial institutions. The plan, developed in consultation with lenders…
Hoa Phat Dung Quat Steel, a subsidiary of Hoa Phat Group, has completed a major capacity expansion at its Dung Quat 2 facility in Quang Ngai Province, Vietnam. Working with SMS group, the company installed and…
Outokumpu has advanced plans for a restructuring program aimed at achieving EUR 100 mln (USD 117 mln) in structural cost savings by the end of 2027, following its earlier announcement in July. The program will primarily…
Chinese steelmaker Shanxi Jingang New Materials Technology has contracted Primetals Technologies to supply a new thin-slab casting and rolling plant using Arvedi ESP (Endless Strip Production) technology at its Jincheng…
Jiangsu Lihuai Steel, a subsidiary of Jiangsu Shagang Group, has ordered a 100 MW-class gas turbine combined cycle (GTCC) power plant from Mitsubishi Power to be built at its steelworks in Huai'an City, Jiangsu…
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