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
Indian state-owned iron ore miner NMDC reported a nearly 10pct YoY decline in production, reaching 3.07 mln tons in August compared to 3.41 mln tons in August of the previous year, according to a BSE filing. Sales also…
Nippon Steel stated that its planned acquisition of U.S. Steel will benefit the U.S., countering recent opposition from U.S. Vice President Kamala Harris. The company is confident that the acquisition will revitalize…
Johnny Sjostrom has been appointed President and CEO of SSAB, effective October 28, 2024. He currently leads SSAB Special Steels and will succeed Martin Lindqvist, who is transitioning to a board career. Sjostrom, who…
Russian steel producer Severstal has completed the construction of a roll forming unit for cold-formed sheet piles at its Cherepovets Metallurgical Plant. The new unit, with an annual capacity of 60,000 tons, makes…
Morocco's leading flat steel producer, Maghreb Steel, reported a 5pct YoY revenue growth in H1 2024, driven by increased domestic and export sales. The company's sales revenue reached MHD 2.55 bln (USD 260 mln) in the…
Emirates Steel Arkan, a leading steel and building materials manufacturer, has appointed Mark J.S. Tonkens as its new Group Chief Financial Officer (GCFO), effective 2nd September 2024. Mark previously served as CFO at…
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) announced in a stock exchange filing the renewal of a Shariah-compliant bank facility agreement worth SAR 25 mln (USD 6.65 mln) with Alinma Bank. The funding, secured…
UK Steel has published a report on industrial electricity prices, revealing a significant gap between what UK steelmakers and their European counterparts pay. The report outlines three recommendations to align UK…
Nippon Steel and other Japanese steelmakers are urging Tokyo to curb cheap steel imports from China to protect the domestic market, according to Nippon Steel Vice Chairman Takahiro Mori, as reported by Reuters. China's…
Mexican steel producer Talleres y Aceros S.A. de C.V. (TYASA) plans to expand into automotive-grade steel to meet rising demand from the growing automotive industry in Mexico. To support this, TYASA has enlisted…
Tata Steel UK's Llanwern steelworks has set a new weekly output record of 14,077 tons, surpassing the previous record by 242 tons, following the introduction of a new technology system on its Zodiac galvanizing line…
Salzgitter Mannesmann Handel GmbH, a subsidiary of Salzgitter AG, has launched a new tool for calculating the product carbon footprint (PCF) of its steel products. This tool provides complete transparency by offering…
Turkish steel manufacturer Karabuk Demir Celik (Kardemir) reported an increase in losses for the first half of 2024, according to the company's financial statement. Kardemir's net loss reached TRY 1.829 bln (USD 53.6…
Turkish Ministry of Environment and Urbanization has initiated the environmental impact assessment (EIA) process for Turkish steelmaker Tosyali Demir Celik's solar power plant project in Toprakkale, Osmaniye, southern…
Pakistan's Agha Steel Industries Limited has announced that it has received a notice of Public Announcement of Intention from Fauji Foundation, which has expressed its interest in acquiring shares and control of the…
Nippon Steel Corporation announced additional investments in Mon Valley Works and Gary Works as part of its pending acquisition of United States Steel Corporation (U.S. Steel). These investments are in addition to the…
Tenaris has begun operations at its seamless pipe mill in Campana, Argentina, with the successful first casting of its new Electric Arc Furnace (EAF), the company announced. The EAF, featuring Consteel technology, aims…
UAE's Emirates Steel Arkan has raised rebar prices for its September production. The company's new rebar prices are set at AED 2,447.25 (USD 666) per ton CPT Abu Dhabi and AED 2,456.25 (USD 669) per ton CPT Dubai…
China's steel industry slowdown is deepening, with BHP Group Ltd., the world's largest miner, and China Baowu Group Ltd., the top iron ore buyer, raising concerns as demand wanes after decades of growth, Bloomberg…
German special steel producer Lech-Stahlwerke (LSW) has issued the final acceptance certificate (FAC) to Primetals Technologies for an innovative scrap torch-cutting machine at its Meitingen plant. This new facility…
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