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
Dalian iron ore futures continued to rise on Tuesday, driven by improving fundamentals that boosted market sentiment, despite ongoing concerns about demand. The iron ore market received support from rising steel…
Marcegaglia UK has expanded its manufacturing capabilities at the Oldbury site to include the production of electro-welded stainless steel tubes, complementing its existing carbon steel tube production. This expansion…
BHP Group reported a slight increase in iron ore production for Q2 FY25, ending 31 December 2024. The company produced 73.1 mln tons, up 1pct YoY and 2pct compared to the previous month. For H1 FY25, production rose…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a significant 73pct YoY increase in net profit for 2024, according to its unaudited financial statement. The company's net profit surged to OMR 7 mln (USD…
Al Watania for Industries (WFI) and China's Donghexin Group (DHX) have announced a joint venture to establish Saudi Arabia's first integrated tinplate manufacturing plant. This strategic initiative aims to localize a…
ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, is set to launch two advanced production lines this year dedicated to manufacturing automotive steel. The new lines…
GLGH Steel, LLC has agreed to acquire Artrom Steel Tubes S.A., a Romanian producer of seamless steel tubes based in Slatina and Resita. The transaction is pending regulatory approval from Romanian authorities. GLGH…
Turkish steelmaker Kardemir successfully sold a substantial quantity of rebar and closed sales on the same day after reducing its prices in the latest price list issued on January 16. In this round, the company offered…
Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 1.25pct YoY in the first five months of FY25 (July-November), according to data from the Pakistan Bureau of Statistics. LSM output decreased by 3.81pct in…
HBIS Xuanhua Iron and Steel Group, in collaboration with Primetals Technologies, has successfully started up a slab caster with an annual capacity of 1.5 mln tons at its low-carbon-emission production facility in…
Canon Inc. has started incorporating recycled steel into its printing products, including office multifunction devices (MFDs), inkjet printers, and commercial presses, with plans to expand usage in 2025. By using…
Indian pipe producer Welspun Corp has signed a Memorandum of Understanding (MoU) with Saudi Aramco for strategic cooperation to establish a state-of-the-art LSAW (Longitudinal Submerged Arc Welded) line pipe…
Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's crude steel output, among the member mills of…
Aperam S.A., a global leader in stainless and specialty steel solutions and recycling, and Universal Stainless, a leading supplier in the aerospace and industrial sectors in the USA, announced that Universal Stainless &…
Ezz Steel Company's board of directors has decided to buy shares from shareholders objecting to its voluntary delisting or unwilling to continue holding shares, offering EGP 138.15 (USD 2.73) per share, according to a…
Voestalpine has selected international technology group Andritz to modernize the electrical and automation systems of a hot-dip galvanizing line at its steel mill in Linz, Austria. This processing line, operational…
ROGESA Roheisengesellschaft Saar GmbH in Dillingen, Germany, has commissioned SMS group for a comprehensive modernization of blast furnace 4 (BF4) to extend its service life and improve hearth lining monitoring. The…
SSAB has agreed to divest its expandable rock bolts unit in Virsbo, Sweden, to U.S.-based Jennmar. The acquisition affects 66 employees, all of whom havse been offered continued employment with Jennmar. Since rock bolt…
Chinese steel producer, Shougang Jingtang United Iron & Steel has successfully trialed the production of 0.7 mm ultra-thin HRC at its QSP-DUE plant in the Caofeidian industrial area, Tangshan City, Hebei Province. This…
Steel Authority of India (SAIL) and John Cockerill India plan to invest nearly INR 6,000 crore (USD 693 mln) to establish a downstream plant for producing cold-rolled grain-oriented (CRGO) and cold-rolled non-oriented…
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