Zamil Industrial has completed all formalities to change its name to Advanced Building Industries Co (SENAAT), marking a key step in its strategic transformation. The company said the new identity reflects its evolution…
Masdar and Etihad Rail have signed a Memorandum of Understanding (MoU) to explore transport solutions for the green hydrogen value chain across the UAE. The partnership will assess how Etihad Rail's expanding national…
Molan Steel Co. has filed a lawsuit against Yara International Ltd. before the Riyadh Commercial Court seeking to annul its SAR 34.88 mln (USD 9.3 mln) acquisition of Mayar International Industry Co. The company claims…
Jindal Stainless, through its subsidiary Jindal Stainless Steelway, has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. Spanning 400,000 sq ft, the facility will primarily serve…
Network Steel Group (NSR) has entered into a five-year power purchase agreement (PPA) with Statkraft and Fortia Energia to secure a stable electricity supply and support sustainable growth. The deal will help the group…
SSAB announced that Denmark-based Meneta Group has begun using SSAB Zero steel in its automotive brake components, marking a key step toward more sustainable vehicle manufacturing. The milestone builds on the companies'…
Posco and Hanwha Ocean have signed an MOU in Seoul to jointly develop ultra-high strength, giga-class, steel for next-generation naval ships. The collaboration covers six areas, including steel materials, welding…
Vallourec, a global leader in premium seamless tubular solutions, has received a new order from Petrobras for more than 30 units of its Submagnetico Free Flow Oil Country Tubular Goods (OCTG). The equipment will be…
Germany's Klockner & Co has agreed to sell seven U.S. distribution sites of its subsidiary, Kloeckner Metals Corporation, to Russel Metals for about USD 119 mln, based on net working capital as of June 30, 2025. The…
HD Hyundai will expand its shipbuilding cooperation with Saudi Arabia following talks between Executive Vice Chairman Chung Kisun and Saudi Investment Minister Khalid Al-Falih. The discussions focused on advancing the…
Perma-Pipe International Holdings, Inc. announced that its Saudi Arabian unit has received formal technical and commercial approval from Saudi Aramco, the world's largest oil company. The company said this milestone…
Saudi-based Naqi Water, a producer and bottler of purified drinking water, has signed a SAR 4.2 mln (USD 1.2m) contract with Middle East Factory for Machines Co. (MEMCO) to supply and install a stainless-steel…
The global steel sector is navigating a period of significant change, with tariff measures, market restrictions, and the introduction of the Carbon Border Adjustment Mechanism (CBAM) reshaping industry dynamics. For…
SSAB announced that its SSAB Zero steel, produced with hydrogen-reduced iron from HYBRIT technology, has become the world's first near-zero CO2 steel to meet thresholds set by the International Energy Agency (IEA) and…
Stegra has entered into two agreements with Microsoft covering both the supply of near-zero emission steel and the purchase of environmental attribute certificates (EACs) linked to production at Stegra's new facility in…
U.S. Steel Kosice, Slovakia's largest steel producer, has signed a three-year contract with Harsco Environmental, a division of Enviri Corporation, for scrap cleaning services. Harsco has also entered into a five-year…
BP and Tenaris have signed a four-year agreement for the supply of casing and tubing, including 13Cr steel grade tubulars, along with technical support and field services for the Tangguh UCC project in Papua Barat…
Hyundai Steel has begun joint development of next-generation building-integrated photovoltaic (BIPV) modules through an industry-academia collaboration with Hanwha Solutions, Lotte Construction, Samhwa Paints, Epscore…
Saudi Arabia's Molan Steel Co. said it has received a preliminary judgment from the Commercial Court in Riyadh in a case filed by Yara International Ltd., ordering the company to pay SAR 17.88 mln (USD 4.76 mln). Other…
Subsea7, a global leader in offshore projects and services for the energy industry, announced it has been awarded a major project by Aramco under their long-term agreement (LTA) for facilities located offshore Saudi…