Metal Park is set to introduce 25,000-30,000 tons per month of cut-and-bend rebar capacity from Q2 2026, equivalent to around 10-12pct of the UAE's monthly consumption, the company said. The new capacity, supported by…
Vallourec has signed a five-year supply agreement with Fervo Energy to support the development of geothermal energy projects in the United States, with the contract representing up to USD 800 mln in potential revenue…
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029. The deal includes 25-year contracts for two vessels…
Turkey's Erciyas Celik Boru has secured a contract to supply steel pile pipes for the expansion of the Aksaz Naval Base Command, according to a stock exchange filing. The project includes construction of a 3,000-ton…
Canada's Algoma Steel and Roshel Inc. have established a joint venture, Roshel Algoma Defence, to develop a Canadian-based centre of excellence for ballistic steel production. The partnership aims to provide end-to-end…
Group Five Pipe Saudi Co. has secured a SAR 176 mln (USD 47 mln) contract with Esnad Al Turuq Contracting Company for pipe supply, the company said in a filing to Tadawul. The contract covers the manufacture and supply…
Algerian Qatari Steel (AQS) has signed a strategic partnership agreement with the Port of Jijel (Djen Djen) to enhance its export capabilities and improve logistics performance across its supply chain, according to the…
South Korean steel producer, Posco and Volvo Construction Equipment (Volvo CE) have signed a memorandum of understanding (MoU) to collaborate on developing advanced materials and technologies for construction machinery…
Chinese steel producer Shougang Group and automaker FAW Group have jointly developed and validated a new generation of 2.4 GPa (2,400 MPa) hot-formed automotive steel, marking a significant step forward in…
Tata Steel UK has secured funding from the Welsh Government to support a collaborative project aimed at developing next-generation wind turbine towers using UK-produced steel. The project, supported under the Welsh…
The United States has revised its Section 232 tariff regime on steel, aluminum and copper imports, introducing changes to derivative products while maintaining high duties on core metal products. Under the updated…
Primetals Technologies has appointed Koji Sakatani as Chief Executive Officer, succeeding Yoshiharu Ikeda, who is retiring. Sakatani brings extensive experience in the metals and heavy industry sector, having held…
Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in profit for 2025, according to a stock exchange filing. Net profit fell by more than 94pct YoY to SAR 611,264 (USD 163,004), while revenue declined…
Saudi Steel Pipe Co. (SSP) has secured a contract for the supply of oil and gas steel pipes to Saudi Aramco, according to a Tadawul statement. The 12-month contract is worth around approximately SAR 127 mln (USD 33.8…
Saudi Arabia's Molan Steel has settled its long-running dispute with Yara International over Mayar International, bringing the multi-year case to a close, the company said in a stock exchange filing. A final…
Tenaris has acquired the oilfield division of Canada-based AllTorque, a manufacturer of tubular running technology, as part of efforts to enhance its OCTG service offering. The acquisition builds on an existing…
ArcelorMittal has expanded its partnership with Romania-based Lio-Metal to promote the use of Magnelis coated steel, as the latter plans to phase out conventional galvanized steel across its product portfolio. Under the…
Turkey's construction sector confidence index fell 3.9pct month on month to 80.6 in March 2026, according to data from the Turkish Statistical Institute (TUIK), remaining below the optimism threshold. Within the index…
Thyssenkrupp Rasselstein is supplying CO2-reduced Bluemint packaging steel to Henkel for use in tinplate cans, supporting efforts to lower the carbon footprint of packaging, the company said. The material is being used…
Metal Park has signed a strategic agreement with UAE-based developer Binghatti aimed at improving control, quality and efficiency across construction supply chains. Under the agreement, Binghatti will operate within…