Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,178 news items in Steel Mills. Show all
China's Dalipal Holdings, led by Chairman Meng Fanyong, has signed a letter of intent to build a seamless steel pipe factory at Saudi Arabia's King Salman Energy Park (SPARK). The plant will cover more than 1,000,000 m2…
Chinese steel producer Shougang has selected Danieli's Zero Bucket technology to become the first in China to produce automotive-exposed grades using EAF. Shougang is the first BF-BOF steelmaker in China to achieve…
India's steel imports from April to September were led by China, with the country remaining a net importer, according to provisional government data, Reuters reported. India imported 4.7 mln tons of finished steel…
Korea's Posco Group is considering selling Posco Zhangjiagang Stainless Steel (PZSS) in China, part of a broader effort by Chairman Jang In-hwa to restructure low-profit and non-core assets, according to the local media…
Iberdrola, a global leader in renewable energy, and Acciaierie Venete Spa, a major player in the European steel market, have signed a multi-year Off-site Power Purchase Agreement (PPA) for 12 MW of capacity. Under the…
Tata Steel Ltd reported a consolidated profit after tax of INR 759 crore (USD 90 mln) for the quarter ended September 30, 2024, marking a 17.4pct YoY decrease. However, the company rebounded significantly from a loss of…
ArcelorMittal, the global leader in steel and mining, reported a decline in earnings for Q3 2024. EBITDA fell 26.4pct YoY to USD 1.58 bln, also down 15.1pct compared to Q2 2024. This was mainly due to weaker results in…
Germany's second-largest steel producer, Salzgitter AG, announced that its major shareholder, GP Gunter Papenburg Aktiengesellschaft, in collaboration with TSR Recycling GmbH & Co. KG, is considering submitting a…
Turkish steel producer Kardemir has reduced its rebar prices in the latest pricing update. The company is now offering 12-32 mm rebar at TRY 20,920 (USD 609) per ton EXW, down from TRY 21,455 (USD 626) per ton EXW set…
Egypt's rebar production grew by 11.3pct YoY to 6.403 mln tons in the first nine months of 2024, according to a local news report. Rebar sales in the local market also rose by 3pct YoY during January-September, reaching…
India's Welspun Corp announced it has secured two major orders in the U.S., totaling INR 1,300 crore (USD 154.5 mln), to supply coated HSAW pipes for natural gas pipeline projects, according to a stock exchange filing…
SteelAsia Manufacturing Corporation, a major steel producer in the Philippines, recently shipped 14,200 tons of high-strength rebar valued at USD 8.8 mln to Canada from its Davao mill. This marks the first time that…
Italian steel producer Feralpi Siderurgica, part of the Feralpi Group, has granted the final acceptance certificate (FAC) to Primetals Technologies for the successful revamp of its 6-strand billet caster at the Lonato…
JSW Steel reported a 1pct YoY decrease in consolidated crude steel production for October 2024, totaling 22.81 mln tons, according to the company's stock exchange filing. In India, the company's steel output fell by…
Nithia Capital and Evonith Steel have announced the successful recommissioning of Blast Furnace 1 (BF1) at Evonith Steel City in Wardha, near Nagpur, Maharashtra, according to a company press release. BF1 is a 450 m3…
Shyam Metalics and Energy Ltd. (SMEL), an Indian steel producer, has officially launched a new blast furnace and sinter plant at its Jamuria facility, as announced in a stock exchange filing. The project, which involved…
Turkey's crude steel production rose by 14pct YoY to 27.9 mln tons in the first nine months of 2024, according to the Turkish Steel Producers' Association (TCUD). In September alone, production grew 6.5pct YoY to 3.1…
Iraq is planning to build a sponge iron plant to support its steel industry after it plummeted below its half output capacity, the industry minister has said. The plant in the Southern Basra city will produce nearly one…
AM/NS India, a joint venture between ArcelorMittal and Japan's Nippon Steel, plans to establish an integrated steel project in the Anakapalli district of Andhra Pradesh, targeting a capacity of 17.8 mln tons. The…
JFE Corporation, in partnership with Megatec Corporation, has secured an order from Gerdau for hot repair engineering services on the coke battery at Gerdau's Ouro Branco plant in Minas Gerais, Brazil. This hot repair…
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