Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,171 news items in Steel Mills. Show all
Amreli Steels, one of Pakistan's leading steel manufacturers, reported a significant increase in losses for the first nine months of fiscal year 2025, ending March 31. The company posted a net loss of PKR 2.85 bln (USD…
Mobarakeh Steel Group, the Middle East's largest steel producer, has urged the Indian government to grant market access to Iranian companies, particularly for the export of semi-finished steel products, according to an…
India's Jindal Steel & Power Ltd (JSPL) reported a sharp drop in net profit for the financial year ending March 31, 2025 (FY25), according to its latest financial statement. While revenue declined marginally by 0.5pct…
NSL Green Steel Recycling, a fully owned JSW Steel subsidiary company, selected Danieli Centro Recycling technology for its new heavy-duty shredder, to be installed at Khalapur, Raigad district of Maharashtra, India. To…
The UK government has secured key raw materials to keep British Steel's Scunthorpe plant operational. Over 55,000 tons of blast furnace coke from BlueScope Steel's Australian plant recently arrived at Immingham Bulk…
The Saudi Iron and Steel Company (Hadeed) has released its new long steel prices for May deliveries. The company reduced rebar prices by SAR 70 (USD 19) per ton, bringing the new price to SAR 2,280 (USD 607) per ton. In…
Pakistan's Mughal Iron and Steel Industries Limited (Mughal Steel) reported a consolidated profit of PKR 412.39 mln (USD 1.46 mln) for the nine-month period ending March 31, 2025, a sharp 70.3pct YoY decline, according…
ArcelorMittal, one of the world's leading integrated steel and mining companies, reported a net income of USD 805 mln for the first quarter of 2025, down from USD 938 mln in the same period last year. Quarterly sales…
SSAB has secured EUR 2.3 bln (USD 2.62 bln) in green financing to support the construction of a state-of-the-art fossil-free mini-mill in Lulea, Sweden, the company announced. The project is central to SSAB's strategy…
Primetals Technologies has received the final acceptance certificate (FAC) for a major upgrade of a 60-ton electric arc furnace (EAF) at Baku Steel Company's (BSC) plant in Baku, Azerbaijan. The project represents a…
The Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Waleid Gamal El-Dein, has laid the foundation stone for Chinese company Xinfeng's integrated industrial steel complex in Sokhna. The…
Saudi Steel Pipe Co. (SSP) has signed a settlement agreement with the sellers of three land plots in Dammam, originally purchased in 2010. The agreement, finalized on April 28, nullifies the transaction, with the…
Tokyo Steel Manufacturing plans to invest nearly JPY 10 bln (USD 70 mln) to upgrade its hot-dip galvanizing line at the Okayama Plant, enabling production of cold-rolled coils and expanding its flat steel product…
British Steel is supplying 350 tons of rail for a major redevelopment at the Long Marston Rail Innovation Centre in Warwickshire, the company announced in a press release. Home to the UK's only railway test loop, the…
Spanish company Tubacex is set to build Central Asia's first seamless pipe manufacturing plant in Kazakhstan, according to the Kazakh Foreign Ministry. The plant will focus on producing seamless nickel alloy and…
State-owned Energy Development Oman (EDO) has signed a memorandum of understanding (MoU) with China's Jiangsu Changbao Steel Tube Co. to explore the development of a cutting-edge Oil Country Tubular Goods (OCTG)…
Baoshan Iron & Steel Co. (Baosteel), China's largest listed steelmaker, reported a 26.4pct YoY increase in net profit for the first quarter of 2025, reaching 2.434 bln yuan (USD 333 mln), up from 1.926 bln yuan in the…
The South Korean Ministry of Economy and Finance has imposed provisional anti-dumping duties on hot-rolled plate imports from China. The duties, ranging from 27.91pct to 38.02pct, apply to China-origin hot-rolled carbon…
Turkish steelmaker Kardemir has reduced its rebar prices, according to the company's latest price list. The new price for 12-32 mm rebar is set at TRY 20,700 (USD 540) per ton ex-works, down from TRY 21,165 (USD 556)…
AM/NS Calvert has commissioned SMS group to upgrade the automation system at its high-capacity hot strip mill in Calvert, Alabama, aiming to enhance operational efficiency and bring the facility up to the latest…
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