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
Italian steel producer Acciaierie d'Italia (ADI) has signed a Memorandum of Understanding (MoU) with DRI d'Italia SpA, marking a formal agreement to collaborate on the construction of a 2.5 mln ton per year direct…
UAE's EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, announced its financial results for the first nine months of 2024. The group reported revenues of AED 5.87 bln (USD…
United States Steel Corporation reported net earnings of USD 119 mln for Q3 2024, a decrease from USD 299 mln in the same quarter last year. U.S. Steel President and CEO David B. Burritt highlighted that the adjusted…
An explosion at a Grupo Simec steel plant in central Mexico has resulted in at least 12 fatalities and one injury, according to authorities in Tlaxcala. The incident occurred early Wednesday morning when steel being…
Oman's Al Jazeera Steel Products Co. reported significant profit growth for the first nine months of 2024, with profit reaching OMR 3.9 mln (USD 10.1 mln), a 62pct increase YoY, driven by strong construction demand in…
Nippon Steel Corporation (NSC) has launched an overseas version of its ProStruct brand, providing advanced construction solutions for buildings and infrastructure since October. Originally introduced in Japan in 2022…
Nucor Tubular Products Marseilles has awarded Danieli Centro Tube a contract for a new orbital cut-off saw for its 5K-ERW mill in Marseilles, Illinois, USA. This saw will cut welded tubes up to 6 5/8 inches (168 mm) in…
Thyssenkrupp Aerospace and SKF have signed a two-year contract extension for the supply of steel, stainless steel, titanium, aluminum, and copper to SKF's facility in Lons le Saunier, France. As part of this agreement…
Turkey's leading steel producer, Erdemir Group, reported a net profit of TRY 11.28 bln (USD 329 mln) for the first nine months of 2024, a turnaround from a TRY 3.83 bln loss in the same period last year. Sales revenue…
China's leading steel producer, Baoshan Iron & Steel (Baosteel), reported a nearly 65pct drop in net profit for the third quarter, primarily due to declining steel prices. In a filing to the Shanghai Stock Exchange, the…
India's JTL Industries Limited has successfully expanded its Raipur facility's capacity from 100,000 to 200,000 tons per annum, according to a recent stock exchange filing. This expansion brings JTL's total pipe…
Cleveland-Cliffs Inc. has announced that it has obtained the necessary regulatory and program approvals under the Investment Canada Act and the Strategic Innovation Fund, completing the final steps needed for its…
Nucor Steel Kingman has signed a 10-year services contract with Harsco Environmental, a leading global provider of steel mill services and a division of Enviri Corporation. Beginning in 2025, Harsco Environmental will…
Turkish steel producer Kardemir has announced an investment to expand its production capacity for value-added steel products and boost competitiveness, according to a stock exchange filing. The company plans to install…
Pakistan's Agha Steel Industries Limited reported a loss of PKR 1.81 bln (USD 10.2 mln) for the quarter ending September 30, 2024, compared to a profit of PKR 125.2 mln in the same period last year, according to a stock…
India's JSW Group has signed a Memorandum of Understanding (MoU) with South Korea's Posco Group, establishing a framework for collaboration in steel, battery materials, and renewable energy sectors in India, according…
British Steel has launched a carbon capture trial at its Scunthorpe plant using groundbreaking technology to reduce carbon emissions, the company announced in a press release. While electrification of the steelmaking…
Metso has opened a cutting-edge direct reduced iron (DRI) smelting furnace pilot facility in Pori, Finland. This facility will enable customer-specific pilot-scale testing to showcase the effectiveness of Metso's…
Saudi Iron and Steel Company (Hadeed) is raising its long steel prices for November deliveries. The company's rebar (12-32 mm) price will increase by SAR 50 (USD 13) per ton, bringing it to SAR 2,350 (USD 625) per ton…
Masdar, the UAE's clean energy leader, and EMSTEEL, the country's largest publicly listed steel and building materials company, have completed a pioneering pilot project using green hydrogen to produce green steel…
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