Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
3,171 news items in Steel Mills. Show all
Crescent Steel and Allied Products Limited has been awarded a PKR 1.5 bln (USD 5.38 mln) contract, excluding sales tax, for the supply of 40-inch diameter coated steel line pipes. The company disclosed the development…
The Canada Border Services Agency (CBSA) has announced the final determination in its anti-dumping (AD) investigation concerning rebar imports from the UAE, Bulgaria, and Thailand. In its findings, the CBSA assigned…
South Korea's steel industry will increase prices for general steel products starting January, driven by a sharp rise in the KRW-USD exchange rate and soaring import raw material costs. This marks a shift from earlier…
Outokumpu, a leading stainless steel producer, has issued its fourth-quarter guidance, anticipating a decline in earnings before interest, taxes, depreciation, and amortization (EBITDA) compared to the previous quarter…
Greek steelmaker Sovel has awarded Danieli Automation a contract to modernize the electrical and automation systems of its bar mill in Almyros, Magnesia. The project aims to enhance production safety, stability, and…
The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat steel products, according to an official notification…
Tata Steel has partnered with Danieli India to replace the lower and upper stacks of several Basic Oxygen Furnace (BOF) converters at its Jamshedpur plant. The project had been delayed for an extended period due to its…
SSAB has secured approval from the Land and Environmental Court in Umea to build and operate a mini-mill in Lulea, Sweden, which will replace its current steel plant. This move will facilitate a technology shift with…
SKF is accelerating its journey to meet its 2030 decarbonization targets and achieve net-zero emissions across its supply chain by 2050. In a new collaboration, SKF is sourcing "GreenSteel Climate+" from Swiss Steel…
Turkish steel producer Kardemir has significantly lowered wire rod prices by USD 35 per ton compared to its November 13, 2024, price list. The updated price for 5.5 mm SAE 1006 grade wire rod is now USD 600 per ton EXW…
Suez Canal Bank has signed a cooperation agreement to provide Ashry Steel Group with EGP 2.35 bln (USD 46.1 mln) in credit facilities. The funding will support the group's working capital needs, enabling its expansion…
Iron ore futures extended their losses on Thursday, weighed down by a bearish demand outlook and declining steel production figures that dampened market sentiment. Crude steel production in China's top ten steelmaking…
JSW Steel announced the consolidation of its U.S.-based coal mining subsidiaries in West Virginia. The restructuring involves merging step-down subsidiaries Purest Energy, LLC with its parent Periama Holdings, LLC, and…
Champion Iron Limited has entered into a binding agreement with Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kamistiatusset Project (Kami Project). The partners will initially contribute USD…
ArcelorMittal has increased its HRC prices in Europe, with new offers reported at EUR 630 (USD 659) per ton EXW for February rolling, up from EUR 600 per ton EXW previously. The price hike follows the European…
India is expected to impose a safeguard duty of up to 25pct on steel imports to counter cheap supplies, primarily from China, Reuters reported. Major producers like JSW Steel, Tata Steel, and ArcelorMittal Nippon Steel…
US-based Electra, specializing in low-carbon iron production, has signed an MoU with Interfer Edelstahl Group, a global steel and raw materials trader, to collaborate on clean iron production for specialty steel…
Vallourec, a global leader in seamless tubular solutions, has announced an agreement to sell the majority of its Dusseldorf-Rath production site to CTP, Europe's largest publicly-listed industrial property developer…
Chinese steelmaker XinFeng plans to invest USD 1.65 bln in an integrated industrial complex within the Sokhna Industrial Zone under the Suez Canal Economic Zone (SCZONE), according to the Ministry of Trade and…
Iran produced 20.4 mln tons of semi-finished steel from March 20 to November 21, 2024, according to the Iranian Steel Producers Association. This included 13.28 mln tons of billet and bloom and 8.058 mln tons of slab…
“Premium Content” marks a news item that needs a subscription to read in full.
