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
Turkey's scrap import prices climbed this week, driven by fresh bookings from Turkish steel mills. Prices were assessed at USD 330-340 per ton CFR, up from USD 325-335 per ton CFR last week. The rise was supported by…
Turkish steelmaker Tosyali Holding AS is pursuing the acquisition of a European producer to bolster its green steel operations, while advancing multi-bln-dollar projects in Saudi Arabia and Africa, Bloomberg reported…
Mescier Demir Celik, an electric arc furnace (EAF) steelmaker based in Bartin, Turkey, plans to construct a 30 MW solar power plant in the Esme district of Usak. The project aims to reduce energy costs and carbon…
Primetals Technologies has secured an order to modernize Baosteel's Pickling Line and Tandem Cold Mill (PLTCM) at its Baoshan plant in Shanghai, China. The project includes upgrading electrics and automation systems…
German steel producer Salzgitter AG is reviewing a non-binding takeover offer submitted by shareholders GP Gunter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG, the company announced. The offer, presented…
Emirates Steel, a part of the EMSTEEL group, has announced stable rebar prices for February production. The price for rebar deliveries to Abu Dhabi is set at AED 2,660 (USD 724) per ton, while shipments to Dubai…
Turkish steelmaker Kardemir has updated its prices for rebar and wire rod, according to the latest price list. The company is now offering 12-32 mm rebar at TRY 19,460 (USD 546) per ton EXW, a slight decrease from the…
Turkish steel producer Kardemir has reduced its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 480 per ton EXW, marking a USD 20 per ton decrease from the price…
Profits in China's steel industry were halved in 2024 due to weak demand, prompting the China Iron and Steel Association (CISA) to urge producers to limit overproduction and avoid price wars, according to a report. Key…
INOX Air Products (INOXAP), one of India's leading industrial gas manufacturers, has commissioned its largest Air Separation Unit (ASU) to date at the Steel Authority of India's (SAIL) Bokaro Plant. The new facility…
Steel Dynamics, Inc. announced its financial results for the fourth quarter and full year of 2024, reporting Q4 net sales of USD 3.9 bln and net income of USD 207 mln. This marks a decline from Q3 2024 net income of USD…
The Secretary of State for Business and Trade has accepted the Trade Remedies Authority (TRA)'s recommendation to revoke the safeguard measure on Category 2 steel products, including non-alloy and alloy cold-rolled…
Egyptian long steel producer El Marakby Steel has received technical approval for rebar exports to Brazil from the Falcao Bauer Quality Institute, the company announced in a statement. The certification confirms El…
Arabian Gulf Steel Industries (AGSI) has signed an agreement with leading UAE developer Aldar to advance sustainable construction practices using AGSI's innovative, low-carbon steel solutions, the company announced…
JSPL has ordered the new Danieli Direct Quench (DQ) system Exstream II for its Steckel mill, also known as a reversible finishing mill, in Raigarh, India. This advanced cooling system will significantly improve cooling…
Hyundai Steel, South Korea's second-largest steelmaker, sold over 1 mln tons of automotive steel sheets to non-affiliated foreign automakers in 2024, marking a significant milestone, Ked Global reported. The company…
British Steel has opened a new GBP 26-mln (USD 32 mln) service centre at its Special Profiles business in Skinningrove, Northeast England. This investment positions the company as a leading global supplier to the…
Steel producer Colakoglu Metalurji AS, based in Dilovasi, Turkey, has commissioned SMS group to modernize the laminar cooling section and downcoiler in its 1,850-mm hot strip mill. This upgrade will enable Colakoglu to…
Slovenian steel producer SIJ Group has signed an agreement with the Saudi Arabian government to establish the electrical steel production facility in Ras Al-Khair, a fast-growing industrial hub in southeastern Saudi…
Algerian Qatari Steel (AQS), located in the Bellara industrial zone in El Milia, Jijel, exported nearly 700,000 tons of steel products in 2024, generating over USD 360 mln, according to Deputy General Manager Sofiane…
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