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
3,630 news items in Products. Show all
The Pakistan Bureau of Statistics (PBS) released a report stating that the country's Large Scale Manufacturing Industries (LSMI) production witnessed a significant decline of 21.07pct YoY in April 2023. The production…
Dalian iron ore futures extended gains as the Chinese central bank reduced the borrowing cost of its medium-term policy loans for the first time in 10 months. China's medium-term lending facility serves as a funding…
India’s KIOCL Ltd, formerly known as Kudremukh Iron Ore Company Ltd, has announced the resumption of operations at its pellet manufacturing plant in Mangalore. The plant had been temporarily shut down since May 13…
In June 2023, Hydnum Steel and Primetals Technologies signed a Memorandum of Understanding (MoU) with the intention to implement a greenfield plant for green steel production in Puertollano, Spain. The comprehensive…
Rio Tinto will partner with Gemco Rail to bring local iron ore rail car manufacturing and bearing maintenance to the Pilbara region in an industry-first. This partnership will enable Gemco Rail to expand its existing…
Several steel manufacturers in Egypt have been compelled to halt or reduce production and even shut down their factories due to a shortage of foreign currency required for importing raw materials, according to a local…
Oman’s Jindal Shadeed Iron and Steel (JSIS), the largest privately-owned integrated steel producer in the GCC region, has announced a comprehensive set of initiatives aimed at significantly reducing its carbon dioxide…
On Wednesday, Dalian iron ore futures continued their upward trajectory, driven by market optimism surrounding potential stimulus measures following the recent interest rate cut by the People's Bank of China (PBOC). The…
Nucor Steel Utah long-product rolling mill is producing spooled bars in coils in endless mode thanks to the installation of a K-Welder and a spooler line, supplied by Danieli. Coils weighing up to 5 tons of rebar #3 to…
Thyssenkrupp Steel and Mercedes-Benz have agreed to expand their existing cooperation to include CO2-reduced steel, and signed a memorandum of understanding to this effect in April. It is intended for Mercedes-Benz to…
Maire S.p.A. announces that its subsidiary NextChem and Marcegaglia Group have signed a contract for a feasibility study to accelerate the decarbonization of Marcegaglia's steel plant in Ravenna (Emilia Romagna region…
UAE's steel exports to the United States declined by nearly 35 pct YoY to 77,236 tons in the first four months of 2023. In Jan-Apr 2023, UAE's pipe was the major product exported in the given period to the United…
Arabian Pipes Co. (APC) has been awarded a supply contract worth around SAR 27 mln (USD 7.19 mln) by Saudi Aramco, as stated in an announcement to Tadawul. Under the terms of the contract, APC will provide steel pipes…
Pakistan's Agha Steel Industries has entered into a collaborative agreement with Mount Khalid to provide G80 ultra-high-strength rebars for a significant residential project in Islamabad. This partnership marks a…
Dalian iron ore futures rebound on Tuesday following the Chinese central bank's decision to reduce a key short-term policy rate aimed at supporting the country's sluggish post-pandemic recovery. The People's Bank of…
JSW Steel has emerged as the "preferred bidder" of mining lease for iron ore mineral in two blocks, located in Goa, stated a regulatory filing made by the Mumbai-headquartered steelmaker on June 12. "The company has…
Vietnamese steel producer, Hoa Phat Group witnessed a decline in production and sales figures in May 2023 compared to the same period last year. However, there were signs of recovery compared to the previous month…
Taiwan’s E-Sheng Steel Co. has decreased the prices of merchant bars by TWD 500-800 (USD 16-26) per ton. Following this adjustment, the new prices for angle (SS400) and flat bar (A36/SS400) range from TWD 25,800-26,800…
Turkish rebar exports experienced a significant decline in April 2023, according to data from TUIK. The exports dropped by 24pct compared to the previous month and over 65pct on a YoY basis. Buyers showed little…
Tubacex, a global leader in industrial products and services, has entered into a land lease agreement with KEZAD Group, the integrated economic and industrial center of Abu Dhabi, to establish a state-of-the-art pipe…
“Premium Content” marks a news item that needs a subscription to read in full.
