Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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914 news items in Steel Fabricators & Users. Show all
Arabian Gulf Steel Industries (AGSI) has signed an agreement with leading UAE developer Aldar to advance sustainable construction practices using AGSI's innovative, low-carbon steel solutions, the company announced…
Hyundai Steel, South Korea's second-largest steelmaker, sold over 1 mln tons of automotive steel sheets to non-affiliated foreign automakers in 2024, marking a significant milestone, Ked Global reported. The company…
British Steel has opened a new GBP 26-mln (USD 32 mln) service centre at its Special Profiles business in Skinningrove, Northeast England. This investment positions the company as a leading global supplier to the…
The proportion of steel used in China's manufacturing sector rose to 50pct in 2024, up from 42pct in 2020, according to Yao Lin, head of the China Iron and Steel Association (CISA). This increase is driven by strong…
Indian pipe producer Welspun Corp has signed a Memorandum of Understanding (MoU) with Saudi Aramco for strategic cooperation to establish a state-of-the-art LSAW (Longitudinal Submerged Arc Welded) line pipe…
Hydnum Steel, the first steelmaker to produce green steel in the Iberian Peninsula region, will supply Gonvarri Industries with green steel worth an estimated EUR 1 bln (USD 1.03 bln) over the next seven years. This…
SSAB has agreed to divest its expandable rock bolts unit in Virsbo, Sweden, to U.S.-based Jennmar. The acquisition affects 66 employees, all of whom havse been offered continued employment with Jennmar. Since rock bolt…
NMDC Energy PJSC, a provider of engineering, procurement, and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, has opened an advanced fabrication yard in…
The joint venture between Marcegaglia Steel and Manni Group, announced in July, was officially closed today after receiving approval from the European Commission last November. The new entity will focus on insulated and…
CB&I, a leading provider of storage facilities, tanks, and terminals, has secured a substantial lump sum contract, valued between USD 250 mln and USD 500 mln, for a liquefied natural gas (LNG) project in Ruwais, Abu…
To achieve net zero emissions by 2050, the Ministry of Transport, Communications, and Information Technology (MTCIT) plans to establish ship recycling and dismantling yards using advanced green technologies, Muscat…
Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, to shield itself from potential protectionist policies under Donald Trump's second term, according to industry…
Al Yamamah Steel Industries Co. has signed a contract with the Saudi EPC contractor, Trading & Development Partnership (TDP), to supply steel towers, the company announced in a stock exchange filing. The towers will be…
Qatar has allocated a budget of nearly USD 56 bln for 2025, a 4.6pct increase from the previous year, aiming to boost economic growth and activities. Analysts at Verified Market Research expect this to drive growth in…
Qatar's Aamal Company Q.P.S.C., a leading diversified firm in the region, has announced that its board of directors has approved an increase in its stake in Frijns Structural Steel Middle East by acquiring an additional…
BMS Birlesik (BMS Wire), a leading Turkish producer of galvanized steel wire, has announced that its solar power project has been approved by the Ministry of Energy and Natural Resources-TEDAS 14th Regional Directorate…
McDermott has opened a new welding and technology center of excellence for research, development, and qualification at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. The facility spans 4,100 square meters of…
Hoa Phat Group has supplied 10,000 tons of large-sized steel pipes for the construction of Southeast Asia's largest exhibition center in Dong Anh, Hanoi. The project, funded by Vingroup, began in August 2024 and is…
Molan Steel Co. announced the acquisition of Mayar International Industry for SAR 34.88 mln (USD 9.28 mln) in a deal financed through internal resources. According to a statement to Tadawul, the agreement involves…
Chinese automaker SAIC Motor has signed a strategic technical cooperation agreement with Egypt's Mansour Group to produce and assemble MG-branded vehicles locally. The deal includes a land agreement with the General…
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