Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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China's Chengde Jianlong has completed the commissioning of a Kocks RSB 500++/4 reducing and sizing block, following the issuance of the Final Acceptance Certificate (FAC), enabling the production of larger-sized…
Vallourec has secured a contract from offshore engineering company Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu 2 offshore oil and gas project in Brazil, developed by…
Germany-based steel processor Wuppermann Group and Swedish green steel producer Stegra have signed a long-term tolling agreement under which Wuppermann will galvanize Stegra's near-zero emission steel products to serve…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of rising global supply kept sentiment weak. Market insiders…
China's Wuhan Iron and Steel Co. (WISCO), a subsidiary of Baowu Steel Group, has awarded Primetals Technologies a contract to convert its compact strip production (CSP) line into a conventional hot strip mill (HSM)…
Spanish seamless tube producer Tubos Reunidos has supplied 160 tons of seamless stainless steel tubes for the Gorakhpur Nuclear Power Plant (GHAVP) in India, strengthening its presence in the global nuclear supply…
Saudi Arabia's East Pipes Integrated Company for Industry has signed agreements worth about SAR 8.9 mln (USD 2.37 mln) with selected suppliers as part of its investment in strategic material handling assets aimed at…
A bulk carrier carrying steel billets from India to the UAE partially sank in the Strait of Hormuz after suffering structural failure, raising concerns over cargo recovery and regional shipping amid heightened…
The Canadian International Trade Tribunal (CITT) has maintained anti-dumping and countervailing measures on imports of corrosion-resistant flat-rolled steel from Turkey and Vietnam, concluding that removing the duties…
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron ore arrivals in China. Market insiders said heavy rainfall…
Jindal Stainless Limited (JSL) has supplied around 40pct of the stainless steel used in India's first hydrogen-powered train, supporting the country's efforts to develop low-emission rail transport. The company produced…
U.S. Steel's Big River Steel mill in Arkansas will supply more than 142,000 tons of steel coils for the first two phases of the Steel River Energy Center, one of the largest solar and battery storage projects under…
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and weak export activity. MESTEEL assessed HMS 1&2 (80:20)…
Al Yamamah Steel Industries has identified Italy's Danieli as the supplier of billet production equipment for its planned billet manufacturing project, updating an earlier announcement that referred to the contractor…
Drydocks World has completed the recycling of an Aframax tanker at its Dubai facility, recovering more than 20,000 tons of steel, machinery and other materials for reuse, the company said. The project, carried out for…
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local media reports. The resumption follows…
Iron ore futures edged higher on Friday as tighter port supplies and continued inventory drawdowns in China lent support to the market, although weak downstream steel demand continued to cap gains. Market insiders said…
Hyundai Steel has commissioned the first foundry-rated robotic wire rod coil trimming and sampling system at its Dangjin wire rod mill in South Korea following final acceptance of the project supplied by Primetals…
Bangladesh's largest steelmaker BSRM plans to invest around BDT 100 bln (USD 810 mln) to build the country's first integrated hot-rolled flat steel plant at the Mirsarai Economic Zone, according to local media reports…
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