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
149 news items in HBI/DRI. Show all
Iran has signed an agreement with China's TCS company to provide engineering services for the construction of a sponge iron production unit in Kazakhstan, marking a key step in expanding regional industrial cooperation…
Investcorp, a global alternative investment firm, has announced that its infrastructure platform, Investcorp Aberdeen Infrastructure Partners (AIIP), will invest in a USD 550 mln marine infrastructure project at the…
Stegra CEO Henrik Henriksson announced an agreement in principle with LKAB to begin test deliveries of iron ore pellets by late 2026, following railway track upgrades. The tests aim to validate logistics ahead of…
Clariant, a specialty chemicals company focused on sustainability, has renewed and expanded its partnership with Midrex to further collaborate on direct reduced iron (DRI) technology for low-carbon steel production. The…
Primetals Technologies, in partnership with Mitsubishi Corporation, Rio Tinto, and Voestalpine, has signed an agreement to accelerate the development of fluidized bed and smelter technologies for net-zero CO2 emissions…
Emirates Steel, a subsidiary of the EMSTEEL Group and one of the UAE's leading steel producers, reported strong growth in its finished steel segment in 2024, according to its annual report. While crude steel production…
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…
The Middle East and North Africa (MENA) region is well-positioned to lead the global shift toward green iron and steel, leveraging its competitive advantages in renewables, green hydrogen, and steel production…
Donghua Iron & Steel has commenced construction on its electric-arc furnace (EAF) project in Tangshan, Hebei province, featuring the installation of two new Danieli Zerobucket EAFs. Danieli's Zerobucket technology…
The Libyan Iron and Steel Company (LISCO) announced two export shipments to Turkey and Morocco. The vessel Gemini Capo is currently being loaded with 10,000 tons of Hot Briquetted Iron (HBI) bound for Turkey, while the…
Libya aims to establish itself as a direct reduced iron (DRI) supplier in the Mediterranean and beyond with plans for a new DRI complex in the Benghazi region, featuring Midrex Flex technology. Tosyali Sulb Steel…
Metinvest and Danieli have signed a shareholder agreement at the Italian Ministry of Enterprises and Made in Italy in Rome, formalizing their joint partnership in Metinvest Adria S.p.A. This agreement is a key step in…
Qatar Steel and Bahrain Steel have signed a USD 1.266 bln agreement to supply five mln tons of steelmaking raw materials over five years, Qatar's Ministry of Commerce and Industry announced. The partnership ensures a…
The Libyan Iron and Steel Company (LISCO) has announced the continuation of its exports to international markets. The company recently began shipping 8,000 tons of rebar aboard the vessel SNAPPER, destined for Lebanon…
India's Larsen & Toubro (L&T) announced that its Minerals & Metals (M&M) business has secured a contract to build a pellet plant and a direct reduction iron (DRI) plant in the Middle East & North Africa (MENA) region…
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…
The Misrata-based Libyan Iron and Steel Company (LISCO) has announced the shipment of 26,300 tons of Hot Briquetted Iron (HBI) to Italy. The consignment is being loaded at LISCO's port onto the vessel Sabeel Star, bound…
Mesabi Metallics has awarded Metso a contract for beneficiation plant equipment for its Direct-Reduction (DR) grade iron ore plant in Nashwauk, Minnesota. The plant is key to securing the supply of DR-grade pellets in…
India's Vraj Iron and Steel has successfully begun commercial operations of its sponge iron plant on December 23, 2024. The plant is part of an expansion project located in Dighoia, Bilaspur, Chhattisgarh. The company…
“Premium Content” marks a news item that needs a subscription to read in full.
