Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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912 news items in Steel Fabricators & Users. Show all
Vallourec has confirmed the signing of an agreement with Saudi Aramco for the supply of oil country tubular goods (OCTG), confirming media reports previously cited by MESTEEL. Aramco's original announcement on August 26…
The London Metal Exchange (LME) will launch its new Steel HRC Shanghai futures contract on October 27, 2026, providing international market participants with an additional route to access the Shanghai Futures Exchange…
German steelmaker MSW Moselstahlwerk has appointed KRUDO Industrial to market and sell its electric steelmaking facility in Trier as part of the company's ongoing restructuring. The sale comes as European steelmakers…
Eti Bakir, a Turkish metals and fertilizer producer, has awarded Metso an approximately EUR 55 mln (USD 64 mln) order for core process technology and equipment for the expansion of its Mazidagi integrated fertilizer and…
Safeen Drydocks, the shipbuilding and repair subsidiary of Noatum Maritime, has added a 230-metre floating dock at Zayed Port in Abu Dhabi, expanding its drydocking and ship repair capacity. The new dock is the largest…
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at bringing the facility in line with international safety and environmental…
Japan's Hanwa Co. has completed the acquisition of US-based Associated Steel Group, LLC (ASG), making the company a consolidated subsidiary. Hanwa acquired a 50.1pct stake in ASG through its North American unit, Hanwa…
Saudi Arabia's Molan Steel Co. reported a 72pct YoY decline in revenue to SAR 9.3 mln (USD 2.47 mln) in the first half of 2026, while its net loss widened to SAR 11.1 mln (USD 2.95 mln) from SAR 2.8 mln a year earlier…
Spanish steel processing company Gonvarri Steel Industries is exploring investment opportunities in Egypt, with potential projects spanning the automotive, renewable energy and steel structures sectors, the Egyptian…
Saudi Arabia's Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by higher revenues from its steel fabrication and steel coils…
Swedish steelmaker SSAB, through its distributor Tibnor, will supply steel for four additional electric service vessels ordered by Norwegian shipping company AQS Rederi from Salthammer Batbyggeri, a Norwegian shipyard…
Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 12.91pct YoY decline in consolidated net profit attributable to the parent company in the first half of 2026, despite higher…
Abu Dhabi Future Energy Company (Masdar) has cancelled plans to develop a 100MW green hydrogen production facility at EMSTEEL's manufacturing complex in Musaffah, Abu Dhabi, according to MEED. Masdar notified…
Abu Dhabi National Oil Company (ADNOC) has awarded McDermott a mega engineering, procurement, construction and installation (EPCI) contract for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting…
Japan's JFE Steel has been selected for a research and development project aimed at developing steel pipe materials for transporting high-pressure CO2, supporting the deployment of carbon capture and storage (CCS)…
Turkish steelmaker Kardemir has won a tender from Turkiye Rayli Sistem Araclari Sanayii A.S. (TURASAS), Turkish state-owned rail vehicle manufacturer, to supply 1,640 TSI-certified monobloc railway wheels. Kardemir was…
Aramco has signed a purchase agreement for oil country tubular goods (OCTG) with French tubular products maker Vallourec, according to media reports, as part of a package of agreements and a memorandum of understanding…
CME Group has launched its U.S. Zinc Futures contract, with the first trades executed by Glencore and Trafigura on CME Globex on August 20 for September delivery. The contract, which is physically settled and listed by…
Saudi Arabia's Alshehili Company for Metal Industries reported a 37.3pct YoY decline in revenue to SAR 21.1 mln (USD 5.6 mln) in the six months to June 30, 2026, while net profit fell 56.7pct to SAR 2.33 mln (USD…
SSAB has partnered with US railcar manufacturer Greenbrier and metal recycler Alter Trading to complete a batch of 50 gondola railcars using SSAB Zero steel as part of a closed-loop recycling initiative. The railcars…
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