Molan Steel Co. has submitted an application to the Capital Market Authority (CMA) to increase its capital through a rights issue, the company said in a stock exchange filing. The company's board had earlier recommended…
Turkey's imported scrap prices edged up this week to USD 350-355 per ton CFR, as compared to last week's USD 345-355 per ton CFR, as several new cargoes were reportedly booked. Turkish mills had earlier sought lower…
Jindal Steel Sohar (JSS) has upgraded its aging protection relays with ABB's advanced Relion technology at its Sohar facility, improving operational reliability, minimizing downtime, and supporting its sustainable…
Vallourec has secured a second contract from TotalEnergies to supply casing, tubing, and accessories for drilling 48 wells under the Associated Gas Upstream Project 2 (AGUP2), a key component of the Gas Growth…
Beco Steel Limited has started supplying steel angles for electric transmission poles and related infrastructure to Pakistan's Water and Power Development Authority (WAPDA) and various distribution companies (DISCOs)…
Turkish steelmaker Kardemir has increased its rebar prices, according to the company's latest price list. The mill is now offering rebar at TRY 23,500 per ton (USD 558), up from TRY 23,365 per ton (USD 560) announced on…
Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 3.5 mln (USD 0.93 mln) for the first nine months of 2025, compared with a net profit of SAR 2.2 mln in the same period last year…
ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) has appointed Laurent Dubedout as its new Chief Executive Officer, the company said in a statement. Dubedout brings extensive international experience and…
EMSTEEL Group, one of the region's largest listed steel and building materials manufacturers, has successfully piloted a private 5G network in collaboration with e& UAE, the telecom arm of global technology group e&…
Turkish steelmaker Kardemir has opened a new billet sales round, keeping prices unchanged from those announced on October 15. The company offered S235JR grade billets at USD 500 per ton EXW and B420 grade billets at USD…
Turkish pipe manufacturer Umran Celik Boru has secured a tender from Petroleum Pipeline Corporation (BOTAS) to supply steel pipes for the Didim District Natural Gas Pipeline project, local media reported. The contract…
Foulath Holding, the parent company of Bahrain Steel and Sulb, has partnered with Yellow Door Energy to develop a 123-megawatt-peak (MWp) solar power project in Bahrain, among the world's largest industrial-scale…
Aluminium Bahrain (Alba), the world's largest single-site aluminium smelter, has signed a strategic partnership with China's Shandong Innovation Group (SIG) and investment firm BlueFive Capital to enhance collaboration…
Turkey exported 11.4 mln tons of steel in the first nine months of 2025, up 12.1pct YoY, with export revenues increasing 3.8pct to USD 7.7 bln, according to the Turkish Steel Producers' Association (TCUD). In September…
Pakistan's Mughal Iron and Steel Industries Limited (Mughal Steel) posted a consolidated profit of PKR 925.7 mln (USD 3.27 mln) for the quarter ended September 30, 2025, compared to a loss of PKR 24 mln a year earlier…
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…
Jotun has introduced Jotachar 1709XT, a new passive fire-protection coating designed to improve the durability and safety of steel infrastructure, at ADIPEC 2025 in Abu Dhabi. Developed through a multi-year R&D and…
Turkey's Borusan Pipe has announced that its U.S. subsidiary, Borusan Berg Pipe, has secured a USD 686 mln sales agreement to supply large-diameter pipes in the United States, according to a stock exchange filing…
Koc Metalurji has placed an order worth USD 3.5 mln for a continuous casting machine to enhance efficiency at its steel facility located in the Osmaniye Organized Industrial Zone. The contract, signed with China's…
Abu Dhabi-based Al Gharbia Pipe Company (AGPC), a manufacturer of longitudinally submerged arc welded (LSAW) steel pipes, has been recognized by the UAE's Ministry of Industry & Advanced Technology (MoIAT) as an…