Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Thyssenkrupp Steel has made significant progress in its ongoing investments, with the new annealing and isolating line now in operation and the modernization of its Bochum facility nearly complete, the company…
Tata Steel posted a 43.41pct YoY decline in consolidated net profit after tax, falling to INR 295 crore (USD 34.1 mln) in Q3 FY25, ending December 31, 2024, compared to INR 522 crore in the same period last year…
Turkish steelmaker Koc Metalurji has taken a significant step in expanding its production capacity by signing a USD 4.84 mln contract, including VAT, with Turkey-based BVS Bulbuloglu Vinc Sanayi ve Ticaret A.S. The…
Tata Steel is set to decommission the Coke Oven Battery #7 at its Jamshedpur Works on January 27, 2025, after an impressive 36 years of service. Commissioned in 1989, this was India's first stamp-charge coke oven…
Turkish steelmaker Tosyali Holding AS is pursuing the acquisition of a European producer to bolster its green steel operations, while advancing multi-bln-dollar projects in Saudi Arabia and Africa, Bloomberg reported…
Mescier Demir Celik, an electric arc furnace (EAF) steelmaker based in Bartin, Turkey, plans to construct a 30 MW solar power plant in the Esme district of Usak. The project aims to reduce energy costs and carbon…
Primetals Technologies has secured an order to modernize Baosteel's Pickling Line and Tandem Cold Mill (PLTCM) at its Baoshan plant in Shanghai, China. The project includes upgrading electrics and automation systems…
German steel producer Salzgitter AG is reviewing a non-binding takeover offer submitted by shareholders GP Gunter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG, the company announced. The offer, presented…
INOX Air Products (INOXAP), one of India's leading industrial gas manufacturers, has commissioned its largest Air Separation Unit (ASU) to date at the Steel Authority of India's (SAIL) Bokaro Plant. The new facility…
JSPL has ordered the new Danieli Direct Quench (DQ) system Exstream II for its Steckel mill, also known as a reversible finishing mill, in Raigarh, India. This advanced cooling system will significantly improve cooling…
Hyundai Steel, South Korea's second-largest steelmaker, sold over 1 mln tons of automotive steel sheets to non-affiliated foreign automakers in 2024, marking a significant milestone, Ked Global reported. The company…
British Steel has opened a new GBP 26-mln (USD 32 mln) service centre at its Special Profiles business in Skinningrove, Northeast England. This investment positions the company as a leading global supplier to the…
Steel producer Colakoglu Metalurji AS, based in Dilovasi, Turkey, has commissioned SMS group to modernize the laminar cooling section and downcoiler in its 1,850-mm hot strip mill. This upgrade will enable Colakoglu to…
Algerian Qatari Steel (AQS), located in the Bellara industrial zone in El Milia, Jijel, exported nearly 700,000 tons of steel products in 2024, generating over USD 360 mln, according to Deputy General Manager Sofiane…
Marcegaglia UK has expanded its manufacturing capabilities at the Oldbury site to include the production of electro-welded stainless steel tubes, complementing its existing carbon steel tube production. This expansion…
Al Watania for Industries (WFI) and China's Donghexin Group (DHX) have announced a joint venture to establish Saudi Arabia's first integrated tinplate manufacturing plant. This strategic initiative aims to localize a…
ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, is set to launch two advanced production lines this year dedicated to manufacturing automotive steel. The new lines…
HBIS Xuanhua Iron and Steel Group, in collaboration with Primetals Technologies, has successfully started up a slab caster with an annual capacity of 1.5 mln tons at its low-carbon-emission production facility in…
Indian pipe producer Welspun Corp has signed a Memorandum of Understanding (MoU) with Saudi Aramco for strategic cooperation to establish a state-of-the-art LSAW (Longitudinal Submerged Arc Welded) line pipe…
Ezz Steel Company's board of directors has decided to buy shares from shareholders objecting to its voluntary delisting or unwilling to continue holding shares, offering EGP 138.15 (USD 2.73) per share, according to a…
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