Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Nippon Steel plans to invest JPY 868.7 bln (USD 5.98 bln) to install electric furnaces at its domestic steel plants, backed by up to JPY 251.4 bln (USD 1.7 bln) in aid from Japan's industry ministry. The initiative…
Habas A.S., based near Izmir, Turkey, is moving forward with its modernization and expansion strategy. Following the launch of its pickling line/tandem cold mill (PLTCM) project in October 2021, the company initiated…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Outokumpu Stainless USA for the successful upgrade of process optimization systems at its Calvert, Alabama facility. The project involved a…
Tata Steel UK has awarded a major contract to global crane manufacturer JASO Industrial Cranes as part of its GBP 1.25 bln (USD 1.69 bln) investment in sustainable steel production at Port Talbot. Under the agreement…
EMSTEEL is set to further reduce carbon emissions at its Abu Dhabi steelworks with the installation of an e-PGH Pilot (electric Process-Gas Heater) at DRI Plant #1. The plant utilizes Energiron technology, co-developed…
Turkey's Saritas Celik has officially commenced work on an integrated stainless steel production facility in the Yalova Machinery Specialized Organized Industrial Zone. With an annual capacity of 800,000 tons, the…
Tenaris's steelmaking plant in Koppel, Pennsylvania, has achieved ISO 14001 and ISO 45001 certifications, aligning with top global standards for environmental and occupational health and safety management. The milestone…
Thyssenkrupp's executive board has made significant progress on a strategic target model for the Group's future and will present the plan to the supervisory board before the fiscal year ends. The core strategy involves…
Micropolis, a UAE-based robotics manufacturer, has signed a Memorandum of Understanding with Emirates Steel, part of the EMSTEEL Group, a leading local producer of steel and construction materials. The agreement marks…
Tangsteel High Strength Automotive Strip Co., Ltd. has awarded a contract to international technology group Andritz to upgrade and modernize its No. 5 Continuous Galvanizing Line (TAN-CGL5) at the Tangshan facility in…
Tata Steel has completed Phase II of its expansion project at Kalinganagar in Odisha, increasing the plant's crude steel capacity from 3 to 8 mln tons per annum. This brings the company's total steelmaking capacity in…
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding with ABB India to digitally enhance ironmaking and steelmaking operations at its Rourkela Steel Plant in Odisha. The collaboration will…
Investcorp, a global alternative investment firm, has announced that its infrastructure platform, Investcorp Aberdeen Infrastructure Partners (AIIP), will invest in a USD 550 mln marine infrastructure project at the…
SHS Stahl Holding Saar has chosen Danieli Centro Cranes to supply advanced crane systems for efficient EAF operations at two meltshops in Germany. The heavy-duty, multifunction cranes, each with a capacity of 350 tons…
Pakistani rebar producer Dost Steels Limited has finalized a loan restructuring agreement with a consortium of banks to reschedule outstanding debt of PKR 2.08 bln (USD 7.35 mln), including future markup, according to a…
Fives has completed its first PREMIX oxygen enrichment project on a billet reheating furnace at SN Maia Siderurgia Nacional in Maia, Portugal, the Megasa Group's largest rebar production facility. SN Maia sought to cut…
Saudi Arabia's Al Watania for Industries and China's Donghexin Group have signed a joint venture agreement to establish the region's first tinplate manufacturing facility in Ras Al-Khair Industrial City. With commercial…
Jindal (India) Limited, a key player in India's downstream steel sector and part of the B.C. Jindal Group, has entered the steel section pipes and tubes market with a ₹100 crore (USD 11.68 mln) investment aimed at…
ArcelorMittal is set to invest approximately EUR 1.2 bln (USD 1.34 bln) in a new electric arc furnace (EAF) in Dunkirk, signaling a strong commitment to decarbonizing its steel operations there. The European steel…
ArcelorMittal Tubular Products Jubail has secured full financial backing from leading commercial banks in Saudi Arabia for its heat treatment and advanced premium OCTG finishing line expansion. The expansion will add…
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