Drydocks World has completed the recycling of an Aframax tanker at its Dubai facility, recovering more than 20,000 tons of steel, machinery and other materials for reuse, the company said. The project, carried out for…
The Abu Dhabi Investment Authority (ADIA) has acquired a 0.89pct stake in Indian building materials and steel distributor SG Mart Ltd., purchasing 1.123 mln shares for approximately USD 7.6 mln. The transaction was…
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local media reports. The resumption follows…
Turkish stainless steel producer Ukinox has signed a USD 14 mln agreement to establish a stainless steel kitchen sink manufacturing plant in Egypt's Sokhna Industrial Zone within the Suez Canal Economic Zone (SCZone)…
DP World is planning to develop a new multipurpose port and container terminal in Fujairah on the UAE's east coast, reducing reliance on Jebel Ali and providing an alternative trade route that bypasses the Strait of…
Vale has completed a two-year research program with Sultan Qaboos University (SQU) to identify new applications for iron ore by-products, supporting the development of Oman's first iron ore concentration plant at Sohar…
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, held talks with Chinese intelligent manufacturing company Jiangsu Changhong regarding plans to establish an automotive equipment and production line…
China's Zenith Steel Group, a subsidiary of Zhongtian Group, has signed an agreement to establish a USD 300 mln tyre components manufacturing facility in the China-Egypt TEDA industrial zone in Sokhna, within the Suez…
Toscelik Spiral Boru has been selected as the winning bidder for Turkey's state-owned Petroleum Pipeline Transportation Inc. (Botas) tender to supply steel pipes for the LV Yuluce-Pig Sarkoy Natural Gas Pipeline…
Bekaert and CITIC Special Steel have signed a strategic cooperation agreement to explore the use of recycled steel recovered from end-of-life tires in the production of new tire reinforcement products. Under the…
Metal Park, the industrial metals hub located in KEZAD, Abu Dhabi, has partnered with Innovation Line to expand the range of logistics and industrial support services available to companies operating within its…
Zamil Steel Egypt, a subsidiary of Saudi Arabia's Advanced Building Industries Company (SENAAT), has completed the steel works for Hayat Kimya's new manufacturing facility in Mersin, Turkey. The company said the project…
Erciyas Celik Boru has secured orders worth approximately USD 15 mln to supply steel pipes for the Sakarya-Kocaeli Provinces Drinking Water Transmission Line Phase I project in Turkey, according to the company's stock…
Arabian Pipes Company has signed a contract with Saudi Aramco valued at approximately SAR 133 mln (USD 35.5 mln) for the manufacture and supply of steel pipes, according to the company's stock exchange filing. The…
Cleveland-Cliffs Steel Corp. has been awarded a USD 400 mln contract by the U.S. Department of Defense to supply grain-oriented electrical steel (GOES) for U.S. military applications, according to the Defense Logistics…
Tenaris has commenced operations at its new service center in Paramaribo, Suriname, to support the GranMorgu offshore oil development, the country's first major offshore project operated by TotalEnergies in partnership…
Vallourec has been awarded a major contract by Azule Energy to supply premium line pipes for the Greater PAJ offshore oil development in Angola. Under the contract, Vallourec will supply more than 26,000 tons of…
Sandvik has secured an order worth approximately SEK 175 mln (USD 18 mln) from Swedish mining company LKAB to supply crushing and screening equipment for its new ore sorting plant in Malmberget, Sweden. The order…
India's RHI Magnesita India has approved the formation of a joint venture with Khemka Refractories Private Limited to establish a greenfield refractory recycling facility in the eastern state of Odisha, according to the…
French water infrastructure specialist Tubao has begun using ArcelorMittal's XCarb recycled and renewably produced steel in its hot-dip galvanized metallic tubes, supporting efforts to decarbonize hydraulic…