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
Vale, a leading iron ore miner, and China's Jinnan Iron & Steel Group have announced a partnership to establish Oman's first iron ore concentration plant at Sohar Port and Freezone. With an initial investment of over…
Lloyds Metals & Energy Ltd. has selected Sarralle to build a new greenfield meltshop in Ghugus, Maharashtra, India. The facility, slated to produce 1.2 mln tons of long steel products annually, will be designed…
Axpo Italia, a leader in renewable energy, has signed a Power Purchase Agreement (PPA) with Tenaris to supply Dalmine, Tenaris' seamless steel tube factory in Italy, with 15 GWh of certified green energy annually. This…
NLMK Clabecq has launched "InThinity", an advanced process technology for producing quarto heavy plates with high precision, standardly achieving thicknesses of up to 15 mm. According to NLMK Clabecq, InThinity marks a…
Iron ore futures recovered on Friday, supported by improved production figures, though concerns over steel demand persist. Daily crude steel output among China Iron & Steel Association (CISA) member mills for…
Jindal (India) Limited, part of the B.C. Jindal Group and a leading manufacturer of downstream steel products in India, has signed a supply agreement with John Cockerill India Limited for a state-of-the-art colour…
Saarstahl has placed a significant order with Primetals Technologies for a new substation at its Volklingen, Germany plant. This power supply solution will connect the power grid to a future electric arc furnace, with a…
UAE's EMSTEEL, formerly Emirates Steel Arkan, has raised its rebar prices for November production. The company is now offering rebar at AED 2,560 (USD 697) per ton, CPT Abu Dhabi, and AED 2,568 (USD 699) per ton, CPT…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a substantial 62pct YoY increase in net profit for the first nine months of 2024, according to its unaudited financial statement. The company's net profit…
UAE's leading steel producer, EMSTEEL (formerly Emirates Steel Arkan), has announced the election of its board of directors for a three-year term, according to a stock exchange filing. The newly elected members are…
Linde has signed agreements to de-captivate two air separation units (ASUs) and expand its industrial gas supply to Tata Steel Limited in Odisha, India. Currently, Linde operates two on-site plants that supply…
The latest data from the World Stainless Association (Worldstainless) reveals that global stainless steel production at melt shops rose by 6.3pct YoY in the first half of 2024, reaching 30.37 mln tons. China remained…
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of International Industries Limited (IIL) at 'AA-/A-1'. The 'AA-' rating reflects high credit quality with strong protection factors, while the…
Primetals Technologies has completed the installation of a new combination mill at Baoshan Iron and Steel in Shanghai, China, featuring both a wire rod mill outlet and a bar-in-coil line capable of producing 600,000…
Blastr Green Steel has signed a Memorandum of Understanding with Knauf Interfer, a leading European metal processing company, to supply 100,000 tons of ultra-low CO2 steel annually. This partnership aims to…
Voestalpine has finalized negotiations for the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a well-known investment company based in Wetzlar, Hessen. The sale is pending approval from the…
Crude steel production in the Middle East fell by 1.5pct YoY to 38.4 mln tons during the first nine months of 2024, according to the World Steel Association. In September 2024, the region experienced a sharp 23pct YoY…
Turkish steelmaker Kardemir has secured the operating rights for 11 mining sites, according to a stock exchange filing. The mining sites, located in Balikesir, Kutahya, Sivas, and Kirikkale, were awarded through tenders…
Vallourec, a global leader in seamless tubular solutions, has signed a Memorandum of Understanding (MoU) with Advanced Supply Management Operations (ASMO), a joint venture between DHL and Aramco's Saudi Aramco…
The delay in implementing budgetary measures to modify the tax regime for steel producers sourcing local scrap from unregistered suppliers has cost the government over PKR 30 bln (USD 108 mln) since July. The measures…
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