Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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EMSTEEL Group announced new steps with the Emirates Nuclear Energy Company (ENEC) to decarbonize steel production by sourcing nuclear-generated electricity certified under Abu Dhabi's Clean Energy Certificates Program…
The US Department of Commerce has issued a preliminary determination finding that Algerian-origin rebar was sold in the US market at less than fair value. The ruling centers on Tosyali Iron Steel Industry Algeria SPA…
Somasteel has launched an expansion project aimed at achieving full vertical integration, with a total investment of MAD 760 mln (USD 83 mln), the company said. The project involves the construction of a steel meltshop…
Iron ore futures posted gains on Friday, supported mainly by sentiment-driven expectations, while underlying fundamentals remained weak. Iron ore futures were subdued earlier in the session after China's state planner…
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…
Vardhman Special Steels Limited (VSSL) has approved the establishment of a new steel forging unit in Punjab, supporting the company's growth and diversification strategy. The proposed facility will cater to high-growth…
ArcelorMittal has restarted steel production at its Fos-sur-Mer site in southern France following a fire that disrupted operations in early October. The site produced its first slab in mid-December after the restart of…
ArcelorMittal Steel Service Centres Europe has completed a major modernization project at its Krakow, Poland facility, upgrading the Fimi cross-cutting line with a new hybrid straightening technology. The project…
Arabian Pipes Company announced that its Board of Directors has approved the establishment of a drilling pipe coupling factory at the company's facility in the Second Industrial Area in Riyadh, according to the…
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…
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an official decision. Under the measure, an export duty of EGP…
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals continued to limit gains. China announced…
Hoa Phat Group has held a groundbreaking ceremony for its Dung Quat Rail and Special Steel Production Plant, marking a key step in the group's strategy to expand into high-tech steel products. The plant is expected to…
TMK said its subsidiary, Pervouralsk New Pipe Plant (PNTZ), has manufactured and supplied seamless pipes for racing cars produced by BR Engineering. PNTZ produced around 730 meters of seamless cold-formed tubes with a…
Metalloinvest's A.A. Ugarov Oskol Electrometallurgical Plant (OEMK) has completed a major overhaul of key equipment at Rolling Shop No. 2 (Mill-350). The kilometer-long Mill-350 production line underwent comprehensive…
Borusan Pipe announced that its US subsidiary, Borusan Berg Pipe, has secured a USD 553 mln sales agreement to supply large-diameter pipes in the United States, according to a stock exchange filing. Under the contract…
Erciyas Celik Boru announced that it has secured two projects in Northern Europe, according to a stock exchange filing. The projects include a drinking water transmission line with a total length of around 33 km, and…
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping market sentiment cautious. Analysts said Beijing is…
Alleima has begun local production of two high-performance stainless steel grades, SAF 2906 and SAF 3006, at its facility in Mehsana, Gujarat. The advanced alloys are designed for applications requiring high corrosion…
Leone Rock Metal Group has awarded Metso a contract to supply minerals processing equipment for Phase III of the Tonkolili iron ore project's 30-mln-ton magnetite concentrator in Sierra Leone. Metso's scope covers…
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