Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the UAE's largest operator of integrated economic zones, has signed a 50-year land lease agreement with Pipetec Solutions Manufacturing to establish a state-of-the-art…
Carbon capture and storage (CCUS), once hailed as a key solution for reducing greenhouse gas emissions in steelmaking, is facing growing skepticism, according to a report by the Institute for Energy Economics and…
Saudi Arabia's Zamil Steel, a subsidiary of Zamil Industrial, plans to establish a new heavy metal structures factory in Egypt, according to Zamil Steel Egypt General Manager Khaled Saad. The facility, to be located in…
Swedish steel producer, SSAB's subsidiary Tibnor will supply SSAB Zero steel made from recycled materials to Salthammer Batbyggeri AS in Norway. This marks the first delivery of SSAB Zero to the shipbuilding industry…
ArcelorMittal and HP have announced a strategic collaboration to advance steel additive manufacturing, combining ArcelorMittal's sustainable steel solutions with HP's expertise in additive manufacturing. ArcelorMittal…
The investment arm of Abu Dhabi's sovereign wealth fund, Mubadala Capital, is exploring the sale of a Brazilian iron ore port terminal operator. The Rio de Janeiro-based port may be sold alongside the company's iron ore…
The Saudi and UAE construction markets remain among the strongest globally, driven by solid workloads and positive sentiment, according to RICS' Q3 2024 Global Construction Monitor. The UAE's Construction Sentiment…
Knauf Egypt, a leader in modern construction systems, has formed a strategic partnership with Hassan Allam Construction, one of the Middle East's largest construction firms. The partnership aims to advance the…
Saudi Arabia's Mayar Holding Co. announced that its subsidiary, Gulf Elevators & Escalators Co. Ltd., has signed a partnership agreement with China's Shenyang Yuanda Intellectual Industry Group Co. to manufacture…
National Metal Manufacturing and Casting Co. (Maadaniyah) reported a wider net loss of SAR 28.12 mln (USD 7.48 mln) in the first nine months of 2024, up from a loss of SAR 18.42 mln in the same period last year. The…
Terramin Australia Limited announced that Western Mediterranean Zinc Spa (WMZ) has signed an Engineering, Procurement, and Construction (EPC) contract with Sinosteel Equipment & Engineering Co. Ltd. (Sinosteel MECC) to…
Mill Steel Co., one of the largest distributors of flat-rolled carbon steel, stainless steel, and aluminum in the U.S., has acquired Maryland Metals Processing (MMP), a major stainless and aluminum toll processor based…
JFE Corporation, in partnership with Megatec Corporation, has secured an order from Gerdau for hot repair engineering services on the coke battery at Gerdau's Ouro Branco plant in Minas Gerais, Brazil. This hot repair…
The European steel market faces a challenging outlook, driven by low steel demand, a downturn in steel-using sectors, and persistently high import shares. These factors, along with a weak economic forecast, rising…
Al Yamamah Steel Industries announced the signing of a contract with Larsen & Toubro Saudi Arabia LLC (L&T Saudi Arabia) to supply steel towers for a 380 kV ultra-high voltage line project in the central region. The…
Nippon Steel Corporation (NSC) has launched an overseas version of its ProStruct brand, providing advanced construction solutions for buildings and infrastructure since October. Originally introduced in Japan in 2022…
Thyssenkrupp Aerospace and SKF have signed a two-year contract extension for the supply of steel, stainless steel, titanium, aluminum, and copper to SKF's facility in Lons le Saunier, France. As part of this agreement…
Shandong Daye, a Chinese manufacturer of bead wires, has announced plans to invest over USD 208 mln in a new factory in Morocco, according to the company's stock exchange filing. The facility will be constructed in two…
Nucor Steel Kingman has signed a 10-year services contract with Harsco Environmental, a leading global provider of steel mill services and a division of Enviri Corporation. Beginning in 2025, Harsco Environmental will…
British Steel has launched a carbon capture trial at its Scunthorpe plant using groundbreaking technology to reduce carbon emissions, the company announced in a press release. While electrification of the steelmaking…