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Expansions / Changes steel news

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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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1,302 news items in Expansions / Changes. Show all

ArcelorMittal approves Tubarao flat steel expansion

Brazil Brazil

ArcelorMittal Brasil has approved a BRL 4-5 bln (USD 0.7-0.9 bln) investment to install a cold rolling mill and continuous coating line at its Tubarao unit in Serra, Espirito Santo. The project will enable the company…

Kardemir Celik H1 profit pressured by higher costs

Turkey Turkey

Turkey's Kardemir Celik Sanayi reported a 26.3pct YoY increase in sales revenue to TRY 13.92 bln (USD 290 mln) in the first half of 2026, while net profit fell 52pct to TRY 410.4 mln (USD 8.6 mln). The company's cost of…

Kardemir returns to profit in H1 2026

Turkey Turkey

Turkey's Kardemir posted a consolidated net profit of TRY 5.98 bln (USD 124.7 mln) in January-June 2026, compared with a net loss of TRY 335.8 mln in the same period last year, while EBITDA rose 49.4pct YoY to TRY 4.75…

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