Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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149 news items in HBI/DRI. Show all
China Baowu Steel Group has commissioned its first 1-mln-ton-per-year near-zero carbon steel production line in Zhanjiang, Guangdong, marking a major step forward in hydrogen-based steelmaking. The new line uses…
Meranti Green Steel has signed an offtake agreement with Thyssenkrupp Materials Trading (TKMT) covering the supply of 1 mln tons of green hot briquetted iron (HBI). Meranti said TKMT's established trading network and…
Meranti Green Steel Oman has signed a memorandum of understanding with Amnah Energy to explore cooperation on the supply of green hydrogen for its proposed 2.5 mln tons per annum green HBI project in Duqm. Amnah Energy…
Oman's Port of Duqm's Basin 2 is being developed to support the growing low-carbon steel and metallics cluster taking shape at the adjacent Special Economic Zone at Duqm (SEZAD), positioning the port as a key logistics…
Jindal Steel Oman has signed a memorandum of understanding (MoU) with Sohar International Bank and Credit Oman to establish a framework that supports small and medium enterprises (SMEs) in procuring steel more…
Meranti Green Steel has appointed KfW IPEX-Bank as lead arranger and Jebsen & Jessen Industrial Solutions GmbH as a key partner for the export credit agency (ECA)-backed debt financing of its planned green HBI/DRI…
Germany's largest steel producer, Thyssenkrupp Steel, has signed a collective restructuring agreement with the IG Metall union, effective until September 30, 2030. The agreement is based on an industrial plan presented…
Fortescue has begun installing core Metso equipment for its Christmas Creek Green Metal Project in the Pilbara, marking a key step toward demonstrating hydrogen-based, low-emission steelmaking. Installation work started…
Tenova HYL has successfully commissioned its ENERGIRON Zero-Reformer DR Micro-Module at Empresa Siderurgica del Mutun in Santa Cruz, Bolivia, producing the site's first Direct Reduced Iron (DRI). The startup marks a…
Tata Steel Nederland BV has implemented PSImetals Production and Quality Execution at its IJmuiden plant as part of its Smart Steel Factory programme, marking a key step in its transition toward greener and more…
Oman is well positioned to become a global hub for green iron and steel production, leveraging its industrial base, renewable energy potential, and coordinated national strategy, according to a new report by the…
Meranti Green Steel is progressing plans to develop a major green iron project in Oman, following meetings between company officials and representatives of the Integrated Gas Company (IGC) and Invest Oman in Thailand…
The Competition Commission of Pakistan (CCP) has released its Competition Assessment Study of the Steel Sector, highlighting structural and policy challenges that undermine competitiveness in a key industrial segment…
Posco has signed a MoU with BHP to jointly advance 'near-zero emissions' ironmaking through Posco's hydrogen reduction ironmaking technology (HyREX). The collaboration will focus on developing and testing a…
Japanese shipping firm, Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company (PODC) have signed a memorandum of understanding (MoU) to strengthen collaboration on the development and connectivity of…
Electra, a clean iron technology company, has announced the site of its new 130,000-square-foot demonstration facility in Jefferson County, Colorado. Scheduled to begin operations in mid-2026, the plant will produce up…
Eurasian Resources Group (ERG) has signed a strategic agreement with a consortium of Primetals Technologies Ltd. and Midrex Technologies Inc. for detailed engineering, key equipment supply, and related services for its…
LKAB and Hitachi Energy have signed a Memorandum of Understanding (MoU) for a long-term collaboration to support LKAB's electrification and shift toward fossil-free production. As an initial step, Hitachi Energy will…
Metalloinvest's OEMK has completed a scheduled overhaul of two metallization units at its pelletizing and metallization facility. The work at shaft furnaces No. 3 and No. 4 involved replacing and restoring key…
India's ACME Group, a leading renewable energy and green ammonia developer, is considering Oman as the site for a new low-carbon Direct Reduced Iron (DRI) project, with India's Odisha also under review. The proposed…
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