Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Voestalpine Donawitz has successfully restarted its LD converter (BOF) No. 4 after a revamp by Primetals Technologies. The updated converter, with a tapping weight of 67 tons, replaces the previous one, which had…
ArcelorMittal Nippon Steel India (AM/NS India) has launched its first scrap processing facility at its Khopoli site in Maharashtra, with a capacity of 120,000 tons per year. This is the first of four units planned…
Marcegaglia Gazoldo Inox has awarded Tenova, a leading provider of sustainable solutions for the green transition of the metals industry, a contract to modernize and restart its 20-Hi Cold Rolling Mill at the Gazoldo…
South Korea's Hyundai Steel will suspend operations at its Incheon rebar plant for one month starting in April amid falling prices and weak construction demand, according to local media citing industry sources. The…
British Steel has announced a formal consultation that could lead to the closure of its two blast furnaces and steelmaking operations in Scunthorpe, placing up to 2,700 jobs at risk from its 3,500-strong workforce. The…
Jindal Shadeed Iron & Steel has commissioned Danieli to upgrade its casting machine capabilities at its Sohar facility in Oman. The modernization aims to enhance efficiency and diversify the product range, enabling the…
EMSTEEL Group is developing the UAE's largest industrial solar PV rooftop project in partnership with Yellow Door Energy, the company announced. The 31.5 MWp solar installation, spanning 40 rooftops, aims to reduce…
The General Authority of the Suez Canal Economic Zone (SCZone) has signed an agreement with XinFeng Egypt to establish an integrated manufacturing complex in Sokhna, local media reported. The project, spanning 3.75 mln…
Thyssenkrupp Steel has completed the modernization of a Walking Beam Furnace (WBF) at its Bruckhausen Plant in Duisburg, Germany, with Tenova receiving the Final Acceptance Certificate for the project. The upgraded…
Tata Steel has appointed three South Wales contractors to support its GBP 1.25 bln (USD 1.61 bln) green steelmaking investment at Port Talbot. The contracts, awarded to Bridgend-based Darlow Lloyd and Sons, Wernick…
GravitHy, a low-carbon iron producer, has secured EUR 60 mln (USD 65 mln) in funding, including public support from France's Premiere Usine program. The round attracted new investors such as Ecolab, Japan Hydrogen Fund…
JSW Steel will transfer its sponge iron unit in Salav, Raigad, Maharashtra, to its wholly-owned subsidiary, JSW Green Steel, as part of its plan to reduce its carbon footprint, the company announced in a stock exchange…
Severstal has implemented a mathematical model to analyze the resistance of blast furnace material layers to gas flow, enhancing its blast furnace expert system. "As part of our R&D efforts, we upgraded our laboratory…
Chinese steelmaker Yongjin Technology Group and its partners will invest over USD 250 mln to establish a stainless steel plant in Turkey, aiming to meet local and European demand, according to media reports. The new…
India has signed 42 agreements with 25 companies for the production of high-end steel under the second round of the Production-Linked Incentive (PLI) Scheme for specialty steel, with an estimated investment of nearly…
South Korea's Hyundai Motor Group plans to invest USD 5.8 bln in a new ultra-low carbon steel mill in Donaldsonville, Ascension Parish, to supply its U.S. automotive plants. Spanning 1,700 acres, the facility will be…
Benteler Steel/Tube GmbH & Co KG has commissioned SMS group to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced CARTA neo SRM Technology System. This modernization will replace the…
South Korean steel producer Posco has announced plans to sell its entire stake in Nippon Steel, valued at KRW 467 bln (USD 318 mln), while maintaining their long-standing partnership. The stake has been reclassified as…
International technology group Andritz has secured an order from ArcelorMittal Calvert to supply an annealing and coating line, along with a cold rolling mill, for its new state-of-the-art electrical steel facility in…
Severstal has completed the first stage of an investment project to boost finished product shipments at the Cherepovets Metallurgical Plant (CherMK), a key flat-rolled steel production facility. The plant has increased…
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