UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by higher steel selling prices…
US steelmaker Nucor Corporation has awarded Primetals Technologies a contract to modernize the continuous thin slab caster at its Nucor Steel Decatur flat steel plant in Alabama, aiming to enhance equipment durability…
Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs. The producer offered S235JR-grade billet at USD 525 per…
Egypt is in the final stages of issuing new licences for steel production with a combined annual capacity of approximately 2.8 mln tons, as part of a broader strategy to expand domestic steelmaking capacity and reduce…
JSW Salem Works, part of the JSW Steel Group, has completed the modernization of one of its billet continuous casters following the final acceptance of a revamp project carried out by Danieli. The project involved…
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…
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…
Saudi Arabia's Al Yamamah Steel Industries said its subsidiary, Al Yamamah for Reinforcing Steel Bars, has signed a SAR 270 mln (USD 72 mln) contract with a specialized European company for the manufacturing, supply and…
China's Henan Jiyuan Iron & Steel has awarded Danieli a contract to supply a new four-strand bow-type continuous casting machine (CCM) for its steelworks in Henan province. The new caster, scheduled to start up in 2027…
Vietnam's leading steelmaker Hoa Phat Group produced more than 3.6 mln tons of crude steel in the second quarter of 2026, up 48pct YoY and 9pct from the previous quarter, driven by higher output across its integrated…
Salzgitter AG has completed the acquisition of the remaining shares in Huttenwerke Krupp Mannesmann (HKM) from Thyssenkrupp Steel Europe and Vallourec, making the integrated steelworks in Duisburg a wholly owned…
Baosteel has successfully commissioned its new two-strand No. 6 slab caster at its Baoshan steelworks in Shanghai, supplied by Primetals Technologies, expanding its capability to produce both conventional and high-end…
The global long steel products market remained under pressure in recent weeks, with weak demand, excess supply and intense competition continuing to weigh on prices and margins, according to the latest short-range…
Turkish steelmaker Kardemir has lowered domestic billet prices in its latest sales round. The producer offered S235JR-grade billet at USD 515 per ton EXW, while B420-grade billet was offered at USD 520 per ton EXW, both…
Canada Nickel Company has signed a memorandum of understanding (MoU) with RWE Supply & Trading GmbH (RWEST) to support the commercialization of low-carbon intermediate stainless and alloy steel products from its Net…
Saudi Arabia's Al Yamamah Steel Industries Company has confirmed it will invest SAR 75.6 mln (USD 20.15 mln) in the capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to support the…
Turkish steel producer Kardemir has announced its planned sales volumes for Q3 2026, increasing the share of finished steel products while reducing semi-finished steel allocations compared with the previous quarter…
Vietnamese steel producer Hoa Phat Dung Quat Steel has successfully commissioned a new slab casting and hot strip mill complex at its Dung Quat steelworks in Quang Ngai province, with technology supplied by Primetals…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was driven almost…
Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan, Hubei Province. The project forms part of WISCO's strategy to optimize…