Arabian Pipes Company (APC) announced it has secured a new pipe supply contract from Denys Arabia, according to a stock exchange filing. The contract, valued at SAR 293 mln (USD 78 mln), involves APC supplying pipes…
Bahra Electric and China’s Antaisolar have inked a deal to establish a joint venture (JV) company and factory in Jeddah, Saudi Arabia. The new facility will specialize in manufacturing solar trackers and mounting…
LKAB, an international mining group, is deepening its strategic partnerships with leading Swedish construction companies as it prepares for a significant expansion and transformation of its business operations. The…
Vallourec has signed a two-year extension to its 2019 contract with the Abu Dhabi National Oil Company (Adnoc), originally valued at USD 900 mln. This extension will take effect in January 2025 and will last until…
Jindal Stainless supplied stainless steel to manufacture 100 freight wagons, being exported to Mozambique, the company announced in a press release. These wagons, made up of grade IRSM 44 stainless steel specially…
JFE Steel's JGreeX green steel, known for its reduced environmental impact, has been chosen by a leading U.S. manufacturer of IT data center transformers, marking its debut in the United States. The order will be…
SSAB and Firth Steels forge a long-term partnership to supply steel with virtually zero fossil carbon emissions, aiding Firth Steels' sustainability goals. Firth Steels, a major UK manufacturer of steel profile products…
Japan's Nippon Steel and Sumitomo Corp have secured orders from QatarEnergy for high-alloy seamless pipes to be used in a carbon capture storage (CCS) project. This project, led by QatarEnergy in Qatar’s Mesaieed…
Oman's Vulcan Steel and Volkswagen AG have signed a Memorandum of Understanding (MoU) to partner on producing low-carbon steel, a key element of Volkswagen’s green steel strategy. This partnership will see up to 300,000…
Saudi Arabia’s Bena Steel Industries Co. and the UK's Alderley Co. have agreed to cancel the Memorandum of Understanding (MoU) they previously signed, as announced in a statement to Tadawul. The termination of the MoU…
SSAB collaborates with ILAB Container AB to introduce fossil-free steel into container manufacturing, aiming for a launch by 2026. ILAB Container AB specializes in producing environmentally friendly containers for the…
JFE Steel Corporation introduces its wall bending and restrike method, chosen by Kyoho Machine Works, Ltd., a Japanese auto parts manufacturer, to address springback in pressing 1180MPa-grade ultra-high-strength steel…
SSAB has partnered with K-Tec, Canada’s premier original equipment manufacturer of heavy-duty earth scrapers, to introduce SSAB Fossil-free steel into its earthmoving product line. As part of the K.A. Group, K-Tec takes…
Tenaris has been awarded a contract for the supply of pipes and related services for phase II-A of the Sakarya gas field development. Turkish Petroleum (TPAO) operates the project, located in the ultra-deep waters of…
Vale has entered into a binding agreement with Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund, for an investment in Vale Base Metals Limited (VBM), the holding entity for…
Sohar Port and Freezone have successfully concluded a land lease agreement with SCME Projects Pvt Ltd (FZC) LLC, paving the way for the establishment of a steel fabrication unit within Sohar Freezone. This strategic…
Tata Steel IJmuiden and Wuppermann Staal have reaffirmed their dedication to European customers by renewing their supply and tolling agreements. The focus of these agreements remains on delivering galvanized hot-rolled…
Vallourec has won two major orders to supply line pipes for phases 6 and 8 of the Buzios oil field development operated by Petrobras. These orders are in addition to the contract previously won for phase 7, representing…
Saudi Arabia’s Bena Steel Industries Company finalized a credit facility agreement with Saudi National Bank (SNB) worth SAR 75 mln (USD 20 mln). The company intends to utilize this loan to finance its working capital…
ArcelorMittal Europe - Flat Products and Tier 1 automotive supplier Gestamp have signed a ‘circularity agreement’ aimed at strengthening environmental sustainability throughout the industrial supply chain. The agreement…