Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,143 news items in Steel Mills. Show all
Swedish specialty steelmaker Alleima plans to invest around USD 20 mln to expand production capacity and capabilities for advanced tubing products at its existing facility in Mehsana, India. The investment will add…
China's Jingye Steel has urged the UK government to provide compensation following the nationalization of its British Steel assets, saying the move was carried out under emergency legislation without prior consultation…
Turkey's Kardemir Celik Sanayi reported a 26.3pct YoY increase in sales revenue to TRY 13.92 bln (USD 290 mln) in the first half of 2026, while net profit fell 52pct to TRY 410.4 mln (USD 8.6 mln). The company's cost of…
Saudi Arabia's Al Yamamah Steel Industries is advancing its planned billet production project after its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, signed a SAR 500 mln (USD 133.3 mln) Islamic credit…
Saudi Arabia's Ajeej Steel Manufacturing Co., a subsidiary of National Building & Marketing Co., has signed a five-month Sharia-compliant banking facility worth SAR 75 mln (USD 20 mln) with First Abu Dhabi Bank to…
India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct YoY to 56 mln tons during the period…
India's JSW Steel has selected Austria-based Andritz to supply a continuous galvanizing line at its Toranagallu steel plant in Karnataka, strengthening its capacity to produce value-added galvanized steel for automotive…
Tata Steel's Llanwern galvanizing plant in South Wales is operating at around half capacity as increased availability of duty-free Asian steel weighs on orders and domestic competitiveness, according to The Guardian…
Middle East crude steel production declined 13.4pct YoY to 3.8 mln tons in July 2026, according to World Steel Association data. During the January-July period, regional output fell 8.1pct YoY to 29.6 mln tons. The…
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) has renewed a Sharia-compliant SAR 25 mln (USD 6.7 mln) banking facility with Alinma Bank to finance working capital. The short-term facility runs from August 23…
China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln) in the first half of 2026, despite a 6.2pct increase in revenue to 160.73…
NS-Siam United Steel (NS-SUS) has completed commissioning and final acceptance of two new 25-ton Danieli coil-handling cranes at its Plant 3 in Rayong, Thailand, as part of a modernization programme aimed at increasing…
JFE Steel and five other companies have signed an agreement with the Japan Organization for Metals and Energy Security (JOGMEC) to conduct design work for an advanced ship-based carbon capture and storage (CCS) project…
Libya's government has ordered state-owned Libya Iron and Steel Company (LISCO) to halt production amid an electricity shortage, according to local media reports. Prime Minister Abdul Hamid Dbeibah directed the…
Pakistan's International Steels Limited (ISL) reported a sharp improvement in profitability in the nine months ended March 2026, supported by higher steel sales, improved capacity utilization and tighter cost controls…
Iron ore futures were broadly stable on Friday as near-term supply concerns provided some support, while weak steel demand and squeezed mill margins continued to limit the upside. Iron ore inventories fell recently on…
India's Welspun Corp has secured its largest-ever single order, valued at approximately USD 1.8 bln, for the supply of pipes from its manufacturing facility in the US. The order, which will be executed during FY28-FY29…
Taiwan's China Steel Corp (CSC) reported a 55pct decline in pretax profit to TWD 655 mln (USD 20.6 mln) in July from the previous month, as weaker Asian steel demand weighed on gross profit. In January-July, however…
SSAB has partnered with US railcar manufacturer Greenbrier and metal recycler Alter Trading to complete a batch of 50 gondola railcars using SSAB Zero steel as part of a closed-loop recycling initiative. The railcars…
Cleveland-Cliffs will invest USD 1 bln to modernize its Middletown Works steel plant in Ohio, with the US Department of Energy (DOE) providing USD 500 mln through a rescope of its previously awarded grant. The…
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