Al Yamamah Steel Industries Co. reported a decline in net profit for the fiscal year ended September 30, 2025, with earnings falling 15.7pct YoY to SAR 59.69 mln (USD 15.9 mln). The company said the drop was mainly…
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…
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…
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…
Lamprell said it was awarded four major engineering, procurement, construction, and installation (EPCI) contracts earlier in 2025, supporting the continued expansion of its operations in Saudi Arabia. The combined scope…
Frijns Steel Construction Middle East has secured a major aviation-related contract valued at more than QAR 140 mln (USD 38.5 mln), its parent company Aamal Company said. Under the contract, Frijns will handle the…
Saipem, in partnership with Offshore Oil Engineering Co. Ltd. (COOEC), has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package of the North Field Production Sustainability (NFPS) Offshore…
Vallourec and Geostock have signed a memorandum of understanding to strengthen cooperation on infrastructure for the energy transition, with a focus on hydrogen storage and carbon capture, utilization, and storage…
RHI Magnesita, a leading global supplier of high-grade refractory products, systems, and solutions, has strengthened its presence in the Middle East, Turkey, and Africa (META) by establishing a new regional business…
Saudi Arabia's Advanced Building Industries Co. (SENAAT), formerly Zamil Industrial Investment Company, said its Egyptian subsidiary, Zamil Structural Steel Co., has secured a contract to design, fabricate, and supply…
Pakistan is considering a proposed EUR 1-2 bln (USD 1.17-2.34 bln) integrated maritime industrial complex at Port Qasim, Karachi that could help revive the country's maritime and heavy industrial sectors, according to a…
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, has signed an agreement with Ovako to acquire Ovako Metals Oy, a Finnish steel and metals distribution company, subject…
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, said its low-carbon sheet piles were used in one of the UK's major rail infrastructure projects, supporting the expansion of…
SMS group's South Africa-based Metix brand and Magmec have signed a memorandum of understanding to develop a magnesium metal production plant in the UAE, using advanced reduction furnace technology. The proposed…
Aramco-DHL joint venture ASMO has launched operations at the Central Pipe Yard (CPY) in Saudi Arabia's Eastern Province, strengthening its role as a strategic supply chain partner to Saudi Aramco. Spanning more than 5…
Dutch state-owned energy infrastructure company Gasunie has awarded multi-year framework agreements to six European pipe manufacturers following a joint tender by its Dutch and German subsidiaries for the supply of…
Steelco Technologies of the UAE, in partnership with Haddeko Iron Trade, has begun construction of a new cut-and-bend steel manufacturing facility in ICAD 1, Mussafah, Abu Dhabi. The plant will be equipped with advanced…
India's Rama Steel Tubes has approved the acquisition of UAE-based Automech Group Holding for AED 296 mln (USD 80 mln), as part of a strategy to expand its footprint and operations in the UAE. The transaction will be…
Meranti Green Steel Oman has signed a memorandum of understanding with Amnah Energy to explore cooperation on the supply of green hydrogen for its proposed 2.5 mln tons per annum green HBI project in Duqm. Amnah Energy…
Tata Steel, in partnership with Constructsteel, the World Steel Association's market-development programme, has inaugurated a steel-based Zero Energy Building (ZEB) built using advanced Light-Gauge Steel Frame (LGSF)…