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
A cargo ship carrying 1,500 tons of scrap metal severely damaged the Muden lock near Cochem on the Moselle River, halting shipping traffic until at least March 2025, according to the German Mosel-Saar-Lahn Navigation…
Watani Iron Steel Co. (Watani Steel) has renewed a Shariah-compliant bank facility agreement worth SAR 70.5 mln (USD 18.7 mln) with Bank Albilad, according to a stock exchange filing. The financing, backed by a…
India emerged as a net steel importer during the April-November period of FY25, despite notable shifts in export and import trends in November. In the eight-month period of FY25, steel imports rose 27pct YoY to 6.5 mln…
Tenova has partnered with DMV (Cogne Group, formerly Mannesmann Stainless Tubes) and other companies to launch the EU-funded LIFE H2Reuse project, which began in July 2024. This initiative aims to cut the carbon…
Ezz Steel has announced its decision to voluntarily delist from the Egyptian Stock Exchange (EGX). The decision, approved during a board meeting on December 7, 2024, was disclosed in a filing to the EGX. The delisting…
Iran exported USD 3.643 bln worth of steel products in the first seven months of the current Iranian calendar year (March 20-October 21), marking a 14pct decline from USD 4.255 bln in the same period last year…
JSW Steel posted a 5pct YoY increase in consolidated crude steel production for November 2024, reaching 2.32 mln tons. Within India, production increased by 7pct to 2.25 mln tons compared to 2.11 mln tons last year…
Tenaris has completed the production of steel pipes for Equinor's Raia offshore gas pipeline project at its welded mill in Pindamonhangaba, Brazil. The Raia project involves the construction of a 200-kilometer subsea…
SSAB has been granted SEK 1.45 bln (USD 132 mln) from the EU's Just Transition Fund to support the transition to fossil-free steel production at its Lulea operations in Norrbotten, Sweden. The funding will help…
The Canada Border Services Agency (CBSA) has launched an investigation under the Special Import Measures Act, focusing on corrosion-resistant steel imports from the Turkish steel producer Borcelik. The investigation…
The U.S. Department of Commerce (DOC) has decided to impose provisional duties on oil country tubular goods (OCTG) from Argentina and Mexico following its preliminary findings. DOC determined that Argentine OCTG…
Amid global challenges in the steel industry, Turkish steelmakers are aiming to boost their capacity utilization from the current 62.6pct to 70pct next year, according to Veysel Yayan, General Secretary of the Turkish…
Conares, the UAE's second-largest private steel manufacturer, has obtained the AFCAB conformity certification from France for its rebar products, the company announced. "Achieving AFCAB conformity for our rebars enables…
Liberty Steel is temporarily shutting down its wire rod plant in Peoria, Illinois, and has furloughed over 500 employees, according to local media reports. A company spokesperson told the Peoria Journal-Star that the…
SSAB and Snop have entered a long-term partnership to deliver fossil-free steel, helping Snop reduce its CO2 footprint and achieve its target of a 30pct emissions reduction by 2030. Groupe Financiere SNOP Dunois (FSD)…
Finnish recycling provider Konepeikko Oy has awarded Primetals Technologies a contract for a new torch-cutting machine at its facility in Imatra, Finland, located at Ovako Imatra Oy Ab. This environmentally friendly…
Turkey's crude steel production rose by 12.4pct YoY to 30.9 mln tons in the first ten months of 2024, according to the Turkish Steel Producers' Association (TCUD). In October 2024, production grew slightly by 0.7pct YoY…
Riyadh Steel, Saudi Arabia's steel producer, announced in a stock exchange filing that its board of directors has accepted the resignation of CEO Ahmed bin Abdulkarim Al-Nafea. The filing also confirmed that Al-Nafea's…
Iron ore futures rose on Wednesday as markets anticipated additional stimulus measures from Beijing, despite lingering demand concerns. Market expectations are high for additional stimulus measures ahead of the annual…
India's steel ministry has proposed a 25pct safeguard duty on imports of certain steel items, according to local media reports. The proposal was discussed in a meeting between Union Steel Minister H.D. Kumaraswamy and…
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