U.S.-based Nalco Water, an Ecolab company, and Danieli have signed a strategic cooperation agreement to enhance industrial water treatment in the metals industry. By combining Nalco Water's chemical and service…
Crescent Steel and Allied Products Limited has secured an agreement with the joint venture of China Harbour Engineering Company Limited (CHEC) and Al-Fajr International (AFI) to supply an additional quantity of coated…
Siemens Smart Infrastructure, through its German subsidiary Alpha Verteilertechnik, has introduced a new addition to its sustainable steel product line. The SIVACON 8MF1 industrial control cabinet series, now available…
Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 140pct YoY increase in consolidated net profits for H1 2024, reaching EGP 519.59 mln (USD 10.6 mln), up from EGP 216.32 mln. The…
Chinese electric vehicle giant BYD announced plans to open a car production plant in Pakistan, partnering with Mega Motors to sell three models. The company will establish three flagship stores and experience centers in…
Australian iron ore miner Rio Tinto and Chinese mining equipment giant XCMG have signed a global cooperation framework agreement in Conakry, Guinea's capital. Simultaneously, XCMG and SimFer Company, a joint venture…
Turkish construction company Karmod has expanded its European presence with a new steel-framed housing project in Montargis, France, marking its third residential venture in the country. The project, featuring a 3+1…
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed a contract with Welspun Middle East Pipes to allocate 493,000 square meters of industrial land in Dammam's Third Industrial City for the…
Japan's Mitsui & Co., Ltd. will establish a new electrical steel sheet processing facility in Skarbimierz, Poland, the company announced. The new entity, named Polska-Mit Steel sp. z o.o., will begin operations in April…
Saudi Arabia's Al Yamamah Steel Industries Co. has reported a significant turnaround in its financial performance, moving from a SAR 107.16 mln loss in the first nine months of FY24, which ended June 30, 2024, to a…
Ruukki Construction, a subsidiary of SSAB, has partnered with Logicenters, Nrep's logistics division, to provide solutions for a new logistics center in Tampere, Finland. The facility will utilize Ruukki LowCarbon…
Saudi Steel Pipe Co. (SSP) has been awarded a SAR 138 million (USD 36.7 million) contract to supply oil and gas steel pipes to Saudi Aramco, according to a stock exchange filing. The contract is set to last for 12…
Technomak, a turnkey EPC company specializing in oil and gas, FPSO, and renewable energy sectors, has unveiled a major expansion plan in the Hamriyah Free Zone (HFZA), Sharjah. To meet rising global demand, Technomak…
The Australian Steel Institute (ASI) is urging state and federal government support for local steel fabricators and manufacturers as they face severe impacts from a surge in cheap imports. A July 2024 ASI survey…
Swiss multinational commodity trading and mining company, Glencore has abandoned plans to separate its coal division, a move announced after acquiring a 77pct stake in Elk Valley Resources (EVR). The decision came after…
Saudi Arabia's East Pipes Integrated Company for Industry has secured a pipe supply contract valued at over SAR 235 mln (USD 62.5 mln) from Esnad Al-Turuq for General Contracting, including VAT. The 24-month contract…
Emarat Al Oula Industries (EAI) has secured a significant contract worth over USD 70 mln from Marie Tecnimont. The contract involves extensive piping work, totaling 1.4 mln inch-diameter pipes, for the Hail & Gasha Gas…
India's DEE Development Engineers announced that it has bagged two international orders from Mitsubishi Heavy Industries, Japan and GE Vernova International. DEE Development Engineers has secured two international…
ArcelorMittal has launched a new steel product, HyMatch, designed for constructing hydrogen pipelines to support the development of hydrogen gas infrastructure. This initiative involves research across ArcelorMittal's…
Yamaha Motor Co., Ltd. will start using low-carbon, recycled steel sheets produced in electric furnaces for motorcycle packaging frames, marking a first in Japan, the company announced in a press release. These steel…