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
3,178 news items in Steel Mills. Show all
SMS group has signed a contract with WISDRI Engineering & Research Incorporation and JISCO Carbon Steel to develop the world's first reference plant combining Hot Strip Mill (HSM) and Compact Strip Production (CSP)…
Tata Steel has successfully introduced biochar (biomass-based charcoal) at its Jamshedpur plant, advancing its sustainability efforts and moving closer to its Net Zero target by 2045. Since January 2023, the company has…
Celsa has agreed to sell 100pct of its subsidiaries in the UK and Nordics to Sev.en Global Investments, a Czech investment group focused on power generation and mining, the company announced in a press release. The sale…
Turkish steel producer Kardemir has decreased its rebar prices in the latest pricing update. The company is now offering 12-32 mm rebar at TRY 20,415 (USD 591) per ton EXW, down from TRY 20,920 (USD 609) per ton EXW set…
UAE's Emirates Steel, part of the EMSTEEL group, has partnered with Fastmarkets in a five-year strategic agreement, naming Emirates Steel the "Regional Host Sponsor" for the Middle East Iron & Steel Conference from 2024…
JSW Steel Italy S.r.l., a subsidiary of JSW Steel Ltd., has signed a commercial agreement with Metinvest Adria S.p.A., as announced in a press release. This agreement follows the Memorandum of Understanding (MoU) signed…
British Steel, the UK's sole rail manufacturer, has opened a GBP 10-mln (USD 12.6 mln) rail stocking facility, the largest of its kind in the country. Located at its headquarters in Scunthorpe, where most UK rail is…
Ovako has reached a key milestone in its sustainable steel-making journey. In the summer of 2024, the furnace at its Boxholm facility in Sweden was rebuilt to switch from oil to a more environmentally friendly oxyfuel…
Turkish pipe producer Borusan Pipe recorded a significant drop in net profits for the first nine months of 2024, citing difficult market conditions. Net profit fell to USD 11 mln, a steep decline from USD 149 mln in the…
South Korean steelmaker Posco has announced the closure of its Wire Rod Plant 1 at the Pohang steelworks in North Gyeongsang Province. The decision was attributed to a persistent global oversupply of steel, an influx of…
Corinth Pipeworks, the steel pipes division of Cenergy Holdings, is enhancing its competitive edge through strategic investments aimed at increasing production capacity and efficiency. To support its growing customer…
Turkish steelmaker Karabuk Demir Celik (Kardemir) reduced its net losses during the first nine months of 2024, according to its financial report. The company reported a net loss of TRY 2.963 bln (USD 85.9 mln) for…
Misr National Steel (Ataqa) reported an increase in net profit after tax to EGP 695.87 mln (USD 14 mln) in the first nine months of 2024, up from EGP 593.57 mln in the same period last year. Sales revenue for…
Tokyo Steel, Japan's leading EAF-based steel producer, has decided to maintain its steel prices for December. Key prices include HRC at JPY 92,000 (USD 596) per ton, pickled and oiled coils at JPY 100,000 (USD 648) per…
Tenaris has been awarded a contract by Subsea7 to supply pipes and coating solutions for Petrobras' Buzios 9 project in Brazil's Santos Basin. Located 180 km (112 miles) offshore Rio de Janeiro, the Buzios Field lies at…
Tata Steel Nederland has partnered with Norwegian producer Gen2 Energy and the Port of Amsterdam to explore the import of liquid hydrogen, produced from hydropower in Norway. The hydrogen will be liquefied, transported…
Australia has launched an antidumping investigation into imports of hot-rolled steel (coils/sheets) from China, according to a notice from the Australian Anti-Dumping Commission. The investigation, requested by…
Tubacex Group, a global leader in advanced industrial solutions for energy and mobility, has finalized a USD 200 mln strategic partnership with Mubadala Investment Company, Abu Dhabi's sovereign investor, in its Oil…
China's Century Steel Mill has threatened to withdraw from its steel project in the Rashakai Special Economic Zone (SEZ), citing significant challenges, according to local media reports. The Rashakai SEZ, a flagship…
Major Chinese steel producer, Baowu Steel Group has signed two contracts with Tenova, a provider of sustainable solutions for the green transition of the metals industry. The first contract involves the supply of four…
“Premium Content” marks a news item that needs a subscription to read in full.
