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
Cleveland-Cliffs Inc. is in talks with Nucor Corp. about a potential joint bid for United States Steel Corp., according to a source familiar with the matter. Cleveland-Cliffs' CEO later confirmed interest in the deal at…
The joint venture between Marcegaglia Steel and Manni Group, announced in July, was officially closed today after receiving approval from the European Commission last November. The new entity will focus on insulated and…
Kardemir, one of Turkey's leading steel producers, has updated its pricing for steel sections. The company now offers IPE-NPU sections at USD 680-875 per ton EXW for sizes ranging from 180 to 600 mm, down slightly from…
Saudi Arabian flat steel producer, Universal Metal Coating Company (Unicoil) has selected Danieli Automation's DIGI&MET Automation as the primary supplier to enhance its coil yard management operations. The new handheld…
Hyundai Steel, South Korea's top rebar producer, has suspended production at its Incheon and Pohang plants until the end of January due to a slump in the construction market, leading to declining demand and prices…
Turkish steel producer Kardemir has significantly lowered wire rod prices by USD 10 per ton compared to its price list on December 19, 2024. The updated price for 5.5 mm SAE 1006 grade wire rod is now USD 590 per ton…
JSW Steel announced that its consolidated crude steel production increased by 2.3pct to 7.03 mln tons in the third quarter of the current fiscal year. This is up from 6.87 mln tons in the same period last year…
Taiwan's China Steel Corporation (CSC) announced it will maintain flat pricing for February to stabilize customer confidence. This move aims to counter conservative downstream procurement, manage inventory adjustments…
Italian steelmaker Acciaierie Venete has once again partnered with Danieli Centro Maskin, ordering a second straightening line for its Padova Works. This new, fully automated line is designed for high productivity…
Tenaris's industrial facility in Abu Dhabi, Etihad Tubulars, has successfully completed the latest edition of the API Q1 certification, covering both its threading facility and the Rig Direct service center…
Iron ore futures rebounded on Thursday as the market weighed recent stimulus measures from Beijing, despite ongoing concerns about steel demand. According to an official policy document, China has broadened the scope of…
Nippon Steel has launched operations at a new high-speed roughing mill with shiftable roughing stands at its Kamaishi special steel plant, producing high-quality wire rod. The tailor-made roughing mill, now operational…
Turkish steel producer Kardemir has lowered its billet prices, according to its latest price list. The company's new price for S235JR grade billets is USD 500 per ton EXW, a decrease of USD 10 per ton from last month's…
India's Tata Steel reported a 6pct increase in crude steel production, reaching 5.68 mln tons in Q3 FY25, up from 5.35 mln tons in the same quarter last year. For the first nine months of FY25, the company's steel…
NMDC Steel (NSL), an Indian steel producer with a capacity of 3 mln tons per annum, has become the first in the country to receive the Bureau of Indian Standards (BIS) certification for hot rolled steel strip, sheet…
Australia's Fortescue has partnered with a wholly-owned subsidiary of China Baowu Steel Group, the world's largest steelmaker, to tackle the challenges of decarbonizing the global steel industry. Fortescue, the…
ArcelorMittal Tubular Products Al-Jubail (AMTPJ) has selected Danieli Automation DIGI&MET for new Manufacturing Execution System (MES) and Business Intelligence (BI) projects for its two seamless pipe plants…
Pakistan's rebar producer, Dost Steels Limited (DSL), has been unable to resume commercial operations this year due to insufficient working capital, according to a stock exchange filing. Despite ongoing efforts…
Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, to shield itself from potential protectionist policies under Donald Trump's second term, according to industry…
Japan's largest steelmaker, Nippon Steel, has vowed to continue its efforts to acquire U.S. Steel despite President Joe Biden blocking the USD 15 billion bid last week over national security concerns. The decision to…
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