The Steel Authority of India Ltd (SAIL), a state-owned enterprise, has entered a strategic partnership with the TEXMiN Foundation of IIT (ISM) Dhanbad to accelerate innovation in mining and metallurgy. As part of this…
Posco, Hyundai Steel, the Korea Expressway Corporation Research Institute (KECRI), and the Korean Recycled Construction Resources Institute (KRCRI) have partnered to promote the use of steel byproducts in highway…
The Suez Canal Economic Zone (SCZONE) and Suez Steel Company have signed a preliminary agreement to develop and operate dry bulk handling facilities at Adabiya Port. Under the deal, SCZONE will grant Suez Steel a…
Ternium has signed an agreement with Lithium de France, a subsidiary of the Arverne Group, to provide casing, tubing, and related services for geothermal well construction. These wells, located in Northern Alsace, will…
Saudi Arabia's Al Yamamah Steel Industries Co. has reported a remarkable financial turnaround, transitioning from a loss of SAR 130.14 mln in FY24, which ended on September 30, 2024, to a profit of SAR 70.8 mln (USD…
Saudi Arabia's East Pipes Integrated Company for Industry has signed multiple supply contracts worth over SAR 57 mln (USD 15.1 mln), including VAT, with Saudi Real Estate Infrastructure Company (Binyah) and Al-Rashid…
Drydocks World has inaugurated its South Yard expansion, a 75,000 sqm advanced facility aimed at boosting fabrication capacity and strengthening its position in marine and offshore wind energy projects. The expansion…
UAE-based downstream steel processing firm Al Gurg Building Services has become the first in the country to receive formal approval under the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark…
Turkish modular construction company Karmod has launched the fourth phase of its steel housing project in Dijon, France, according to a statement. Ziya Yanik, Karmod's foreign trade manager, highlighted the company's…
SKF is accelerating its journey to meet its 2030 decarbonization targets and achieve net-zero emissions across its supply chain by 2050. In a new collaboration, SKF is sourcing "GreenSteel Climate+" from Swiss Steel…
Saudi Arabia's Neom has entered a joint venture with Samsung C&T Corporation, supported by the Neom Investment Fund (NIF), to invest over SAR 1.3 bln (USD 345.7 mln) in construction robotics. The partnership focuses on…
US-based Electra, specializing in low-carbon iron production, has signed an MoU with Interfer Edelstahl Group, a global steel and raw materials trader, to collaborate on clean iron production for specialty steel…
Chinese steelmaker XinFeng plans to invest USD 1.65 bln in an integrated industrial complex within the Sokhna Industrial Zone under the Suez Canal Economic Zone (SCZONE), according to the Ministry of Trade and…
Qatar's Minister of Transport, Sheikh Mohammed bin Abdullah bin Mohammed Al-Thani, has laid the foundation for an electric bus assembly plant at the Umm Al Houl Free Zone. The project is a collaboration between…
Tata Steel UK has signed an MoU with JCB to supply low-CO2 steel from its Port Talbot site, supporting JCB's focus on carbon reduction in manufacturing and equipment. This marks Tata Steel UK's first supply agreement…
Turkish manufacturer Karmod has announced the export of stainless steel water storage tanks with a combined capacity of 220,000 liters to Iraq. The shipment included 22 tanks, each with a capacity of 10,000 liters…
DP World's Drydocks World, in partnership with GE Vernova, has secured a contract from 50Hertz to build and install Ostwind 4, a 2 GW offshore wind grid connection designed to power nearly two mln German households. The…
Emirates Building Systems (EBS), a subsidiary of Dubai Investments and a leading steel structure manufacturer in the Middle East, has secured a new contract in Dubai, the company announced in a statement. EBS will…
Emirates Steel, part of EMSTEEL Group, and Modon have signed an MoU establishing Modon as the first developer in the UAE to use low-carbon steel. This collaboration aligns with the UAE's Net-Zero 2050 Strategy, aiming…
Al Yamamah Steel Industries won a steel towers supply order worth around USD 25 mln, the company announced in a stock exchange filing. The company said that it signed a contract to supply steel towers with National…