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
SSAB and Firth Steels forge a long-term partnership to supply steel with virtually zero fossil carbon emissions, aiding Firth Steels' sustainability goals. Firth Steels, a major UK manufacturer of steel profile products…
Japan's Nippon Steel and Sumitomo Corp have secured orders from QatarEnergy for high-alloy seamless pipes to be used in a carbon capture storage (CCS) project. This project, led by QatarEnergy in Qatar’s Mesaieed…
Jindal Stainless has completed the acquisition of the remaining 46pct stake in Chromeni Steels (CSPL) for a total consideration of INR 277.90 crore (USD 33.2 mln). CSPL operates a cold rolling mill in Mundra, Gujarat…
The Indian Government has announced a USD 54.4 mln auction to promote hydrogen use in the steel and iron sector. MECON, the Scheme Implementing Agency (SIA), has issued a Request for Proposal (RFP) for hydrogen…
Germany's antitrust regulator has approved the sale of a minority stake in Thyssenkrupp's steel business to Czech tycoon Daniel Kretinsky's EP Corporate Group. According to a spokesman for the German company, the…
Oman's Vulcan Steel and Volkswagen AG have signed a Memorandum of Understanding (MoU) to partner on producing low-carbon steel, a key element of Volkswagen’s green steel strategy. This partnership will see up to 300,000…
Bahrain Steel, a top producer and global supplier of high-grade iron ore pellets, announced the arrival of MV Ubuntu Unity, owned by Anglo American. This is a significant moment for Bahrain Steel, as it marks the…
Steel Authority of India (SAIL) plans to establish a modern steel plant in Burnpur, West Bengal. The plant, near the existing IISCO Steel Plant, will have a capacity of 4.08 mln tons and is awaiting final vendor…
Tokyo Steel Japan introduces Enso, its new green steel brand symbolizing the circular economy. Developed in partnership with global steel trading firm Stemcor, the Enso logo transitions from charcoal to green…
Outokumpu, a leader in sustainable stainless steel, implemented AI and safety inspection robots a year ago to enhance health and safety monitoring at its facilities. The partnership with Swiss robotics company…
The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping duty investigation against wire rod imports from Egypt, China, and Vietnam. Focusing on Egypt, the Canadian…
JFE Steel Corporation introduces its wall bending and restrike method, chosen by Kyoho Machine Works, Ltd., a Japanese auto parts manufacturer, to address springback in pressing 1180MPa-grade ultra-high-strength steel…
SSAB has partnered with K-Tec, Canada’s premier original equipment manufacturer of heavy-duty earth scrapers, to introduce SSAB Fossil-free steel into its earthmoving product line. As part of the K.A. Group, K-Tec takes…
Tata Steel is set to invest GBP 12 mln (USD 15.2 mln)in its tube-making operations in Corby, funded by the sale of redundant land on the west side of the site. Warmflame Developments (WD) has facilitated this sale…
Steel Authority of India (SAIL) has awarded a contract worth INR 30,438 crore (USD 3.7 bln) to Power Mech Projects (PMPl) and PC Patel Infra Consortium for a mine development and operation project (MDO), Tasra OCP…
Vietnam’s major steel producer, Hoa Phat Group posted a revenue of VND 29,800 bln (USD 1.25 bln) in Q2 2023, showing a decline of 21pct compared to the same period in the previous year. The company’s profit after tax…
The steel producer Nucor Steel Nebraska in the U.S. has successfully rolled the first bar on its new Kocks intermediate Reducing & Sizing Block (RSB). The so-called iRSB represents one of the latest advancements in…
Emirates Steel Arkan has reportedly withdrawn from its potential investment in Thyssenkrupp AG's steel arm, delivering another setback to the German conglomerate's plans to divest the struggling operations, as per a…
AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, has reported a significant increase of 54.24pct YoY in earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q1, reaching USD…
Tenova, a renowned global company specializing in sustainable solutions for the green transformation of the metals industry, has been awarded a new contract by Hoa Phat Group, Vietnam's leading industrial manufacturing…
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