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
Posco, Hyundai Steel, the Korea Expressway Corporation Research Institute (KECRI), and the Korean Recycled Construction Resources Institute (KRCRI) have partnered to promote the use of steel byproducts in highway…
Metinvest Group's steelmaking facilities in Ukraine introduced 20 new products in 2024, including six developed in collaboration with the Zaporizhstal joint venture. The majority of these products were in the long…
Turkish steelmaker Kardemir has announced its sales allocation plan for the first quarter of 2025. The company plans to reduce allocations for billets and rebar compared to the previous quarter, while increasing…
The Suez Canal Economic Zone (SCZONE) and Suez Steel Company have signed a preliminary agreement to develop and operate dry bulk handling facilities at Adabiya Port. Under the deal, SCZONE will grant Suez Steel a…
Ternium has signed an agreement with Lithium de France, a subsidiary of the Arverne Group, to provide casing, tubing, and related services for geothermal well construction. These wells, located in Northern Alsace, will…
Sidenor has acquired Eplus, a Catalan company based in Artes, Barcelona, specializing in industrial waste management and recovery. The move aligns with Sidenor's strategy to foster sustainable growth and strengthen its…
Saudi Arabia's Al Yamamah Steel Industries Co. has reported a remarkable financial turnaround, transitioning from a loss of SAR 130.14 mln in FY24, which ended on September 30, 2024, to a profit of SAR 70.8 mln (USD…
Japan's Nippon Steel has extended the closing period for its USD 15 bln acquisition of U.S. Steel, expressing confidence that the deal will bolster the American company's growth and security. The estimated closing date…
Mesabi Metallics has awarded Metso a contract for beneficiation plant equipment for its Direct-Reduction (DR) grade iron ore plant in Nashwauk, Minnesota. The plant is key to securing the supply of DR-grade pellets in…
Turkey's Ministry of Commerce has initiated an antidumping investigation into imports of cold-rolled, galvanized, and painted coils from China and South Korea, according to an announcement published in the Turkish…
Saudi Arabia's East Pipes Integrated Company for Industry has signed multiple supply contracts worth over SAR 57 mln (USD 15.1 mln), including VAT, with Saudi Real Estate Infrastructure Company (Binyah) and Al-Rashid…
Jindal Saw announced it has signed an agreement to acquire a 31.20pct equity stake in ReNew Green Energy. In a regulatory filing, Jindal Saw stated, "We have entered into a share purchase agreement with ReNew Green…
Malaysia's Ministry of Investment, Trade, and Industry (MITI) has launched an administrative review of anti-dumping duties on imports of cold-rolled coils (CRC) of iron or non-alloy steel exceeding 1,300mm in width…
Trafilix, part of the Lucefin Group, is investing in its Brescia facility in Italy with the installation of a new high-speed chain-track drawing machine from local equipment maker Danieli Centro Maskin. The machine…
Emirates Steel, part of the EMSTEEL group, has increased rebar prices for January production by AED 50 (USD 13) per ton. The revised prices are set at AED 2,660 (USD 724) per ton for deliveries to Abu Dhabi and AED…
VIS Credit Rating Company Limited has reaffirmed the entity ratings of Aisha Steel Mills Limited (ASML) at 'BBB+/A2' (Triple B Plus/A Two). The long-term rating of 'BBB+' reflects adequate credit quality with reasonable…
India's Vraj Iron and Steel has successfully begun commercial operations of its sponge iron plant on December 23, 2024. The plant is part of an expansion project located in Dighoia, Bilaspur, Chhattisgarh. The company…
Nippon Steel's USD 15 bln bid to acquire U.S. Steel has been referred to President Joe Biden, who has 15 days to make a decision, according to a White House spokesperson. Biden, who previously expressed opposition to…
AIC has been awarded a contract by Steel Dynamics Inc. for robotic tagging applications at its Roanoke plant. The project involves the installation of advanced robotic islands to automate steel bundle tagging on both…
Crude steel production in the Middle East rose by 1.4pct YoY to 49.2 mln tons during the first eleven months of 2024, according to the World Steel Association. In November alone, the region recorded a 2.7pct YoY…
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