Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,789 news items in Global Steel News. Show all
Blastr Green Steel has signed a Letter of Intent (LOI) with Redcar Bulk Terminal (RBT) at Teesside, United Kingdom, to explore the opportunity for RBT becoming the location for Blastr´s pellet plant for supplying…
Global Steel Wire, a part of Celsa Group, and Michelin, a leader in sustainable mobility, have entered into a collaboration agreement to enhance the circularity and sustainability of steel products supplied by Global…
Tenaris, a leading global manufacturer and supplier of steel pipes for the energy industry, has made a strategic investment of USD 10 mln to acquire the oil and gas division of Isoplus. Isoplus is a renowned producer of…
Ferrexpo Plc, an iron ore pellet producer, announced an 18pct QoQ increase in production during Q2, despite the ongoing conflict in Ukraine and related energy and logistics challenges. The company successfully operated…
Iron ore futures dropped on Friday due to diminishing expectations of broader stimulus measures. Despite the recent slowdown in economic recovery, analysts believe the likelihood of significant stimulus is unlikely, as…
Tata Steel witnessed a decline in consolidated production, reaching 7.08 mln tons in the first quarter of FY24, compared to 7.67 mln tons in the same period of the previous financial year, according to a statement by…
JSW Steel is aiming to nearly double its capacity to 50 mln tons in the next three years, chairman Sajjan Jindal said. The company is also aiming to shift to renewable sources of power to fire the entire 50 mln tons of…
Vietnam’s steel producer, Hoa Phat Group experienced a decline in crude steel production in June 2023, producing 520,000 tons, which was 23pct lower than the same period in 2022. The company’s sales volumes of…
Japan’s crude steel output is forecast to rise 2.2pct in the July-September quarter from a year earlier, backed by a moderate recovery in automobile production and higher exports, the Ministry of Economy, Trade and…
Leeco Steel, North America's largest supplier of steel plate, has acquired Titan Steel in Alvarado, Texas, a steel plate processor. As part of the acquisition, Leeco will retain Titan Steel's entire staff, its Alvarado…
Iron ore futures recorded gains on Thursday, driven by the anticipation of additional stimulus measures aimed at bolstering the country's post-COVID economic recovery. However, concerns persist regarding the demand…
According to provisional government data, India's import of finished steel reached its highest level since 2021, totaling 0.9 mln tons in April and May. This marked a significant increase of 27pct compared to the same…
India's JSW steel reported its consolidated crude steel production increased by 11 pct YoY to 6.43 mln tons in the first quarter of FY24. Within this production figure, JSW Steel's Indian operations played a substantial…
Brazilian steel producer Usiminas has recently granted the provisional acceptance certificate (PAC) to Primetals Technologies for the modernization of Usiminas’ welding machine at a steel plant in the city of Ipatinga…
Commercial Metals Company (CMC), a US steel producer, has commenced operations at its new micro mill in Mesa, Arizona, according to a press release by Italian steel equipment manufacturer Danieli. The startup of “CMC…
ORI Martin, one of the main European integrated steel groups which produces high-quality steel for the automotive, fastener, mechanical and building sectors, has awarded Tenova, a leading company in sustainable…
India’s Steel Authority of India (SAIL), a state-owned company under the Ministry of Steel, has announced a notable 8 pct YoY growth in its crude steel production. During the first quarter of FY'24, SAIL produced 4.667…
Blastr Green Steel AS, a prominent developer of ultra-low CO2 steel products, and Cargill, a leading player in the global ferrous supply chain, have recently signed a strategic framework agreement. This agreement…
US Steel Kosice has recently completed a comprehensive one-year testing phase of the latest Danieli UHP hard-faced pinch rolls, which are deployed in the downcoiler area of the hot-strip mill located in Kosice…
Sarralle Rolling Mill has announced a new order from Ovako Boxholm in Sweden. The order entails the supply and commissioning of a cutting-edge shear designed to handle a wide range of production mixes, grades…
“Premium Content” marks a news item that needs a subscription to read in full.
