Kobe Steel will set up Kobelco Machinery Solution Arabia (KMSA) in Jubail Industrial City to strengthen its support for Saudi Arabia's fast-growing petrochemical and energy industries. The new hub will provide…
Saud Arabia's Zamil Industrial Investment returned to profitability in the first half of 2025, supported by higher sales across all business segments and effective cost management, the company said in a stock exchange…
ZK International Group Co., Ltd., a China-based engineering company specializing in high-performance steel products, announced that its subsidiary, Zhejiang Zhenkang Industrial Co., Ltd., has won a contract in the…
Steel Dynamics, Inc. has signed a definitive agreement to acquire the remaining 55pct equity interest in New Process Steel, L.P., the company said in a press release. Chairman and CEO Mark D. Millett said the deal will…
Danieli has acquired a 30pct stake in Italian company Novastilmec, based in Garbagnate Monastero near Lake Lecco, as part of a new cooperation agreement. Founded in 1978, Novastilmec specializes in high-performance…
British Steel has delivered over 2,000 tons of structural sections for the construction of Sumitomo Electric's high-voltage cable factory at the Port of Nigg in the Scottish Highlands. The steel was supplied to BHC…
ArcelorMittal, through its Steligence business, has signed a memorandum of understanding with galvanizing specialist ZINQ to promote sustainable construction by combining ArcelorMittal's low-carbon XCarb recycled and…
Spartan UK, part of the Metinvest Group, has won a contract to supply 1,600 tons of steel plates for the new Sizewell C nuclear power station in Suffolk, one of the UK's largest energy projects in decades. The plant is…
Kuwait's Heavy Engineering Industries & Shipbuilding (Heisco) has acquired the remaining 25pct stake in Gulf Sky Factory, a pressure vessel manufacturer in Jubail, Saudi Arabia, for about USD 4.5 mln, completing full…
UAE-based steel engineering and fabrication firm Ikigai Steel is set to expand its footprint into Canada and Africa, aiming to boost annual production capacity to 45,000 tons. Operating from its 548,000-square-foot…
Ukraine-based Interpipe has supplied customized micropiles for the renovation of an arch railway bridge, part of Slovak Railways' modernization of the 15 km Poprad-Vydrnik section. Challenging subsoil conditions made…
Germany's Klockner & Co has expanded its electrical steel capacity to address surging demand from North America's power grid, renewable energy, and data center sectors. The company has established a state-of-the-art…
Saudi Arabia's Al Yamamah Steel Industries Co. posted a sharp decline in net profit for the first nine months of fiscal 2025, ended June 30, with earnings down 37pct YoY to SAR 41.9 mln (USD 11 mln). The company said…
Honda Turkiye A.S. will establish a new motorcycle factory in Aliaga, Izmir, to support rising local demand and expand global sales, the company announced. Driven by growing needs for personal transport and commercial…
Dubai-based steel fabricator Emirates Building Systems (EBS) has provided steel structures for the Tinrhert Gas Fields Project in Algeria, the company announced in a statement. EBS noted that the project marks a key…
Tenaris has announced plans to build a new service center in northeastern British Columbia to support oil and gas drilling operations in the Montney formation. The new facility will expand Tenaris's presence in Canada…
Egypt's Minister of Industry and Transport, Kamel Al-Wazir, met with leading steel producers to advance plans for localizing automotive steel, a key part of the country's broader strategy to deepen local manufacturing…
Egypt's state-owned Arab Organization for Industrialization (AOI) has inaugurated a new production line for high and ultra-high voltage electricity towers at its aircraft factory, aiming to localize technology and…
Turkey's Trade and Economic Partnership Agreement with Qatar, signed in November 2018, will officially take effect on August 1, 2025, the Turkish Trade Ministry announced. The deal aims to boost mutual investments…
German steel producer, Salzgitter Group has agreed to sell DESMA Schuhmaschinen GmbH to French-German industrial group NAME & MAWI Partners S.A.S. (NMP) as part of its portfolio optimization strategy. The deal is…