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
Vallourec, a global leader in premium seamless tubular solutions, has signed a definitive agreement to acquire 100pct of the shares of Thermotite do Brasil Ltda., a subsidiary of Mattr specializing in thermal insulation…
Borusan Pipe, a Turkish manufacturer, has inaugurated a EUR 15 mln (USD 16.6 mln) service center near Ploiesti, southern Romania. The facility, which received a state grant of EUR 5.83 mln (USD 6.48 mln), is expected to…
The Competition Commission of Pakistan (CCP) has issued show cause notices to 10 steel structure suppliers for alleged collusive bidding in procurement tenders by various Distribution Companies (DISCOs). The companies…
Eversendai has secured the steel subcontract for the Qiddiya racetrack project in Riyadh, Saudi Arabia. The Speed Park Track, located near central Riyadh, is set to host major international motorsport championships, the…
UAE's AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) contracts valued at over USD 114 mln for six ship-to-shore (STS) cranes and 17 hybrid rubber-tyred gantry (RTG) cranes. These cranes will…
Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine Camtec GmbH by the end of the 2025/26 business…
Almasane Alkobra Mining Company (AMAK) has signed a letter of intent with UK-based Power Metal Resources Plc to form a joint venture aimed at advancing exploration on AMAK's Qatan Exploration License in southwest Saudi…
Posco is increasing its steel supply for the world's first hyperloop facility, following the successful test of Hardt Hyperloop's vehicle at the European Hyperloop Center (EHC) in Veendam, the Korean steelmaker…
Galva Hub, located in Metal Park, home to the UAE's largest galvanizing pool, will begin accepting orders in February 2025. The facility features the region's largest hot-dip galvanization pool, measuring 16 meters in…
Construction and building activities in the UAE experienced a growth rate of 6.2 pct during the first quarter of this year compared with the same period last year, according to the preliminary estimates issued by the…
Brazilian steel producer CSN has signed a contract with Petrobras, Brazil's state-owned oil giant, to supply natural gas to its Rio de Janeiro plant. This agreement marks CSN's transition to the free natural gas market…
Turkish prefabricated housing company Karmod has announced the launch of a steel construction housing project in Lisbon, Portugal. The project features Karmod's steel construction home type and has begun on-site…
Kalmar has signed an agreement to supply Outokumpu with three light electric forklift trucks and one medium electric forklift truck for their Tornio stainless steel plant in Finland. The order, which includes a Kalmar…
Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel's selection of Linde…
India's Rama Steel Tubes has announced a strategic collaboration with Onix Renewable to supply steel structures for Onix's solar projects. The partnership aims to leverage Rama Steel Tubes' expertise to provide steel…
Turkish pipe producer Borusan Boru announced that its US subsidiary, Borusan Berg Pipe, has signed a pipe supply agreement with Blackcomb Supply Co, LLC, a WhiteWater affiliate, for the Blackcomb Mainline natural gas…
The Ceer Manufacturing Complex (CMC) in King Abdullah Economic City, Jeddah, has reached a significant milestone with the recent installation of the first steel frame for Saudi Arabia's first electric vehicle (EV)…
UAE-based Apex Engineering Industries is set to construct a USD 24.50 mln engineering research and development (R&D) and manufacturing facility in the KEZAD economic zone in Abu Dhabi. The 40,000 sqm plant, located in…
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated economic zones in the UAE, has signed a 50-year land lease agreement with Abundance Solar Panels Industries. The deal will see the…
Saudi Arabia's Molan Steel Co. reported a 21pct YoY reduction in net losses for the first half of 2024, according to a stock exchange filing. The company recorded a net loss of SAR 2.49 mln (USD 0.66 mln) in H1 2024…
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