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
EMSTEEL Group is developing the UAE's largest industrial solar PV rooftop project in partnership with Yellow Door Energy, the company announced. The 31.5 MWp solar installation, spanning 40 rooftops, aims to reduce…
The General Authority of the Suez Canal Economic Zone (SCZone) has signed an agreement with XinFeng Egypt to establish an integrated manufacturing complex in Sokhna, local media reported. The project, spanning 3.75 mln…
JFE Steel Corporation, Mitsubishi Gas Chemical, and Mitsubishi Chemical have signed an MoU for a demonstration project at the Mizushima Complex in Kurashiki, Japan. The initiative will produce methanol from by-product…
Thyssenkrupp Steel has completed the modernization of a Walking Beam Furnace (WBF) at its Bruckhausen Plant in Duisburg, Germany, with Tenova receiving the Final Acceptance Certificate for the project. The upgraded…
Tata Steel has appointed three South Wales contractors to support its GBP 1.25 bln (USD 1.61 bln) green steelmaking investment at Port Talbot. The contracts, awarded to Bridgend-based Darlow Lloyd and Sons, Wernick…
GravitHy, a low-carbon iron producer, has secured EUR 60 mln (USD 65 mln) in funding, including public support from France's Premiere Usine program. The round attracted new investors such as Ecolab, Japan Hydrogen Fund…
Crude steel production in the Middle East fell by 13.5pct YoY to 7.9 mln tons in the first two months of 2025, according to the World Steel Association. In February alone, output declined 11.5pct YoY to 3.7 mln tons…
Turkish steel producer Kardemir has announced its sales allocation plan for Q2 2025, increasing allocations for billets, wire rod, and profiles while reducing rebar supply compared to the previous quarter. According to…
Iron ore futures edged higher on Wednesday, supported by firm near-term demand, though the broader outlook remains uncertain due to steel production curbs by some Chinese mills. Chinese steelmakers have ramped up output…
JSW Steel will transfer its sponge iron unit in Salav, Raigad, Maharashtra, to its wholly-owned subsidiary, JSW Green Steel, as part of its plan to reduce its carbon footprint, the company announced in a stock exchange…
Steel Authority of India Limited (SAIL) has signed a strategic agreement with McKinsey & Company India LLP to accelerate its digital transformation and enhance operational efficiency. The partnership will leverage AI…
Severstal has implemented a mathematical model to analyze the resistance of blast furnace material layers to gas flow, enhancing its blast furnace expert system. "As part of our R&D efforts, we upgraded our laboratory…
Saudi Iron and Steel Company (Hadeed) has announced that long steel prices will remain unchanged for April deliveries. The company is offering rebar (12-32 mm) at SAR 2,350 (USD 626) per ton, while wire rod (6.5-16 mm)…
Chinese steelmaker Yongjin Technology Group and its partners will invest over USD 250 mln to establish a stainless steel plant in Turkey, aiming to meet local and European demand, according to media reports. The new…
China's Zenith Steel Group has signed a strategic cooperation agreement with Contemporary Amperex Technology Limited (CATL) to collaborate on clean energy, green logistics, and resource recycling, aiming to advance a…
India has signed 42 agreements with 25 companies for the production of high-end steel under the second round of the Production-Linked Incentive (PLI) Scheme for specialty steel, with an estimated investment of nearly…
South Korea's Hyundai Motor Group plans to invest USD 5.8 bln in a new ultra-low carbon steel mill in Donaldsonville, Ascension Parish, to supply its U.S. automotive plants. Spanning 1,700 acres, the facility will be…
Benteler Steel/Tube GmbH & Co KG has commissioned SMS group to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced CARTA neo SRM Technology System. This modernization will replace the…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for April production will remain unchanged for the third consecutive month. The company has set the rebar price at AED 2,660 (USD 724)…
Riyadh Steel, a Saudi Arabian long steel producer, reported an 82pct YoY drop in net profit for 2024, according to its stock exchange filing. The company's net profit fell to SAR 1.99 mln (USD 0.53 mln) in 2024, down…
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