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
Beumer Group South America has secured two contracts from Gerdau S.A. to supply new stockyard equipment to the Gerdau Acominas steel plant in Ouro Branco, Brazil. The scope includes a bridge-type bucket wheel reclaimer…
ArcelorMittal has been selected by Vestas to supply low carbon-emissions heavy plates for the Nordlicht 1 offshore wind farm, part of its ongoing partnership with Vestas to support low-emissions steel production. This…
Turkish steel producer Asil Celik has successfully commissioned its second electro-slag remelting (ESR) furnace, featuring a maximum product diameter of 1,250 mm and a capacity of 30 tons. With the installation now…
International Steels Limited (ISL) of Pakistan reported a significant decline in profitability for the nine months ending March 31, 2024, according to its unaudited financial results for FY25. The company posted a…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
The Thai Industry Ministry has proposed scrapping the certification standard for steel produced using induction furnaces (IF), citing environmental and quality concerns. Industry Minister Akanat Promphan said IF…
Crude steel production in the Middle East fell 8pct YoY to 13.3 mln tons in the first quarter of 2025, according to the World Steel Association. However, March showed signs of recovery, with output rising nearly 2pct…
Omani steel manufacturer Al Jazeera Steel Products Co. SAOG posted a 16pct YoY increase in net profit for the first quarter of 2025, according to its unaudited financial results. Net profit rose to OMR 2.1 mln (USD 5.44…
India's largest stainless steel producer, Jindal Stainless, in collaboration with clean energy provider AB Energia Solutions Pvt. Ltd., has successfully installed and commissioned a 30.34 megawatt-peak (MWp) solar power…
British Steel has announced the suspension of its redundancy consultation affecting up to 2,700 employees, following successful efforts to stabilize raw material supply for its two blast furnaces. All operations…
Fagersta Stainless, part of the Marcegaglia Group since 2023, has signed an agreement with Danieli to install a new stainless steel blooming mill at its historic plant in Fagersta, Sweden. The mill will be capable of…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for May production will remain unchanged for the fourth consecutive month. The company has set the rebar price at AED 2,660 (USD 724)…
Al Gharbia Pipe Company (AGPC), an Abu Dhabi-based manufacturer of longitudinally submerged arc welded (LSAW) steel pipes, has reached a significant production milestone of 500,000 tons at its facility in Khalifa…
Hyundai Steel has become the first Korean steelmaker to receive U.S. quality certification for steel products used in nuclear reactors, marking a significant step toward entering the U.S. and global nuclear markets. The…
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Allseas to supply line pipes for the Buzios 10 offshore project, operated by Petrobras. The deal covers nearly 18,000…
Ayes Celik plans to establish a new production line for steel wire mesh and annealed wire in Aliaga, Izmir, the company announced in a stock exchange filing. The new facility will support the company's efforts to…
Bansal Wire Industries, a leading Indian manufacturer of stainless steel (SS) and galvanized iron wires, has inaugurated its expanded SS wire facility in Dadri, Uttar Pradesh. With this expansion, the plant's annual…
Hyundai Motor Group and Posco Group have deepened their collaboration with a strategic focus on steel, aiming to enhance global competitiveness and secure supply chains in North America. Under the agreement, Posco will…
Tenaris has inaugurated its first solar energy park in Romania, marking a major step in its renewable energy strategy. The 20 MW facility, located in Calarasi, will supply electricity to the company's steel shop through…
Vale's iron ore pellet production in Oman rose 15.2pct YoY in Q1 2025, reaching 1.974 mln tons. However, this marked a 26.3pct decline compared to the previous quarter. Globally, Vale's total iron ore output fell 4.5pct…
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