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
Egypt has taken a significant step toward modernizing its rail infrastructure with the recent dispatch of British Steel-manufactured rails for the country's first fully electrified mainline and freight network. The…
China plans to restructure its massive steel industry by cutting output to address overcapacity, which has led to global trade tensions, according to news reports. At the National People's Congress in Beijing, the…
Donghua Iron & Steel has commenced construction on its electric-arc furnace (EAF) project in Tangshan, Hebei province, featuring the installation of two new Danieli Zerobucket EAFs. Danieli's Zerobucket technology…
SSAB and Toyota Material Handling Europe have entered a fossil-free partnership, with Toyota becoming the first material handling equipment manufacturer to use SSAB Zero steel. Under the agreement, Toyota Material…
Turkey's steel exports surged in January 2025, rising 23pct YoY to 1.1 mln tons, with export value increasing 14.6pct to USD 763.4 mln, according to the Turkish Steel Producers' Association (TCUD). The growth was driven…
Agha Steel Industries Limited reported a net loss of PKR 3.84 bln (USD 13.7 mln) for H1 FY25, a sharp increase from the PKR 219 mln loss in the same period last year. Revenue dropped 42.6pct YoY to PKR 5.3 bln (USD 19.1…
Salzgitter AG's subsidiary, Ilsenburger Grobblech GmbH, is contributing high-quality steel to the Rader High Bridge replacement project, a crucial infrastructure upgrade in northern Germany. Spanning 1,500 meters over…
SSAB has successfully completed HYBRIT's pilot project for fossil-free hydrogen gas storage, confirming its feasibility for large-scale iron and steel production. The project, submitted to the Swedish Energy Agency…
Ezz Steel, one of Egypt's leading steel producers, has kept its rebar prices unchanged for the sixth consecutive month. The company's rebar price remains at EGP 38,200 (USD 754) per ton EXW, inclusive of 14pct VAT. Ezz…
Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit in 2023, citing challenging market conditions. The company attributed its losses to pricing…
Pakistan's Amreli Steels reported a net loss of PKR 1.87 bln (USD 6.7 mln) for the first half of the fiscal year 2025 ending December 31, 2024, a sharp decline from the PKR 632 mln loss recorded in the same period the…
India's state-owned iron ore miner NMDC reported a 17.8 pct YoY increase in production, reaching 4.62 mln tons in February 2025, up from 3.92 mln tons in the same month last year, according to a stock exchange filing…
ArcelorMittal South Africa (ArcelorMittal SA) will halt long steel production by the end of the second quarter of 2025 after failing to reach an agreement with the government to prevent the plant's closure. The company…
SSAB and Italian crane manufacturer Fassi have signed an agreement for future deliveries of low-emission steel. The deal covers both fossil-free steel made from iron ore and SSAB Zero, produced from recycled scrap, for…
Turkish steelmaker Kardemir has released its latest price list for billet and wire rod. The price of S235JR grade billets has been set at USD 485 per ton EXW, marking a USD 5 per ton decrease from the previous…
Baosteel Desheng Stainless Steel Co., Ltd., a subsidiary of China Baowu Steel Group, has issued the Final Acceptance Certificate (FAC) to SMS Group for the successful completion of its Vacuum Oxygen Decarburization…
Rourkela Steel Plant (RSP), a unit of the state-owned Steel Authority of India Limited (SAIL), has commenced construction on its 2 mln tons per annum pellet plant. On February 14, 2025, RSP signed a contract with a…
Jindal Steel has increased its bid for a struggling Italian steelmaker Acciaierie d'Italia (ADI), to approximately EUR 4 bln (USD 4.17 bln), aiming to outbid competitors from Azerbaijan, Bloomberg reported, citing…
Blastr Green Steel has signed an MoU with Aurora Infrastructure for a build, own, and operate (BOO) agreement to develop electricity distribution facilities for its planned steel plant in Inkoo, Finland. Aurora will…
Crude steel output in the Middle East fell by 15.3pct YoY to 4.2 mln tons in January 2025, according to the World Steel Association. The region's monitored countries include Bahrain, Iran, Iraq, Jordan, Kuwait, Oman…
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