Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 3.51pct YoY in February 2025, continuing a downward trend that has persisted since August 2024, with the exception of October, according to the Pakistan…
China Steel Corp (CSC), Taiwan's largest steelmaker, announced it will keep domestic flat steel prices unchanged for May 2025. The decision follows similar moves by China's Baowu Steel, which is maintaining prices for…
Nucor Corporation, the largest steel producer in the U.S., has awarded Fives a contract to install a new continuous galvanizing line at California Steel Industries (CSI) in Fontana, California. CSI is a joint venture…
Tenaris has renewed its commercial agreement with Ecopetrol, Colombia's largest energy company, extending their long-standing partnership for an additional two years. The collaboration, which spans over 15 years…
Oman has signed a Joint Development Agreement (JDA) to establish the world's first commercial-scale liquid hydrogen corridor, linking the Port of Duqm with key European hubs in the Netherlands and Germany. The agreement…
Turkish steel producer Tosyali Holding plans to establish and operate a 21 MW solar power plant in Ankara to meet its electricity needs. The project involves an investment of around USD 10 mln and will feature 40,554…
ArcelorMittal Nippon Steel (AM/NS) India plans to invest USD 30 bln over the next decade to expand its steel production capacity more than fourfold, reaching around 40 mln tons per annum, a senior official said. As part…
Turkish steelmaker Kardemir has announced updated prices for its long steel products. The price of 12-32 mm rebar has been increased to TRY 21,165 (USD 556) per ton ex-works, up from TRY 20,875 (USD 570) per ton set on…
Chinese steelmaker Angang Ltd. has issued the Final Acceptance Certificate (FAC) to Primetals Technologies for completing a major automation upgrade at its 3.8-meter plate mill in Bayuquan, Liaoning province. Primetals…
JSW Group is establishing a green steel plant in Salav, Raigad, Maharashtra, aimed at exporting steel to the European Union (EU) in compliance with the bloc's Carbon Border Adjustment Mechanism (CBAM). The facility will…
Global stainless steel production rose 7pct YoY in 2024, reaching 62.6 mln tons, according to the latest data from the World Stainless Association (Worldstainless). China maintained its position as the world's largest…
Bahrain Steel, a global leader in high-quality iron ore pellet production, has partnered with Nanoprecise Sci Corp, a pioneer in Energy-Centered Predictive Maintenance (ECM), to enhance asset performance and advance its…
Hoa Phat Group has signed a contract with Primetals Technologies to supply a high-quality steel casting and rolling line with an annual capacity of 500,000 tons. The move is aimed at expanding Hoa Phat's production of…
Vallourec, a global leader in premium seamless tubular solutions, has entered exclusive negotiations with French investment firm Aldebaran for the sale of its subsidiary, Serimax, which specializes in mechanized welding…
Severstal continues to enhance the automation of quality control for rolled metal products, implementing 12 computer vision systems at the Cherepovets Metallurgical Plant (CherMK). These systems, developed by Severstal…
Arabian Pipes Company (APC) has secured a new supply contract with EPC contractor C.A.T. International LLC, according to a disclosure filed with the stock exchange. Valued at SAR 107 mln (USD 28.4 mln), the agreement…
Iron ore futures edged slightly higher on Monday, buoyed by encouraging loan data from China, though lingering concerns about long-term demand continued to weigh on market sentiment. According to data released by the…
Spartan UK, part of the Metinvest Group, supplied 1,000 tons of HR plates for the construction of Everton Football Club's new 52,888-capacity stadium at Bramley-Moore Dock, completed in 2024. The plates played a crucial…
The UK government has temporarily taken control of British Steel to prevent the imminent closure of its blast furnaces and secure critical raw materials for continued operations at the Scunthorpe plant. Parliament…
German steelmaker Salzgitter AG has ended takeover talks with a bidding consortium comprising GP Gunter Papenburg AG and TSR Recycling GmbH & Co. KG, citing significant differences over the company's current and future…