Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,186 news items in Steel Mills. Show all
Tata Steel witnessed a decline in consolidated production, reaching 7.08 mln tons in the first quarter of FY24, compared to 7.67 mln tons in the same period of the previous financial year, according to a statement by…
JSW Steel is aiming to nearly double its capacity to 50 mln tons in the next three years, chairman Sajjan Jindal said. The company is also aiming to shift to renewable sources of power to fire the entire 50 mln tons of…
Vietnam’s steel producer, Hoa Phat Group experienced a decline in crude steel production in June 2023, producing 520,000 tons, which was 23pct lower than the same period in 2022. The company’s sales volumes of…
Japan’s crude steel output is forecast to rise 2.2pct in the July-September quarter from a year earlier, backed by a moderate recovery in automobile production and higher exports, the Ministry of Economy, Trade and…
Leeco Steel, North America's largest supplier of steel plate, has acquired Titan Steel in Alvarado, Texas, a steel plate processor. As part of the acquisition, Leeco will retain Titan Steel's entire staff, its Alvarado…
Turkish steel producer, Kardemir has announced new rebar prices, according to its latest price list. The company has raised the prices of rebar sizes ranging from 12-32 mm to TRY 15,850 (USD 607) per ton, compared to…
Industries Qatar (IQ), the parent company of Qatar Steel, has announced its approval of plans to acquire Al Qataria Steel, as stated in an exchange filing. The filing highlights that IQ has granted preliminary approval…
India's JSW steel reported its consolidated crude steel production increased by 11 pct YoY to 6.43 mln tons in the first quarter of FY24. Within this production figure, JSW Steel's Indian operations played a substantial…
Brazilian steel producer Usiminas has recently granted the provisional acceptance certificate (PAC) to Primetals Technologies for the modernization of Usiminas’ welding machine at a steel plant in the city of Ipatinga…
Commercial Metals Company (CMC), a US steel producer, has commenced operations at its new micro mill in Mesa, Arizona, according to a press release by Italian steel equipment manufacturer Danieli. The startup of “CMC…
ORI Martin, one of the main European integrated steel groups which produces high-quality steel for the automotive, fastener, mechanical and building sectors, has awarded Tenova, a leading company in sustainable…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir's S235JR grade 150 mm billet is now offered at USD 565 per ton EXW, representing a decrease from…
Bahrain-based Sulb Company BSC, a major manufacturer of medium and heavy beams and structural steel sections in the Middle East, has partnered with TBK Automation and Measuring Technology GmbH to implement an advanced…
Watani Iron Steel Company (Watani Steel) has announced the appointment of Abdul Karim Mohammed Al Rajhi as the Chairman of the board for the upcoming three-year term. Alongside him, Mishaal Abdul Karim Al Rajhi and…
India’s Steel Authority of India (SAIL), a state-owned company under the Ministry of Steel, has announced a notable 8 pct YoY growth in its crude steel production. During the first quarter of FY'24, SAIL produced 4.667…
Blastr Green Steel AS, a prominent developer of ultra-low CO2 steel products, and Cargill, a leading player in the global ferrous supply chain, have recently signed a strategic framework agreement. This agreement…
US Steel Kosice has recently completed a comprehensive one-year testing phase of the latest Danieli UHP hard-faced pinch rolls, which are deployed in the downcoiler area of the hot-strip mill located in Kosice…
Sarralle Rolling Mill has announced a new order from Ovako Boxholm in Sweden. The order entails the supply and commissioning of a cutting-edge shear designed to handle a wide range of production mixes, grades…
Turkey experienced a significant decline of 19.1 pct YoY in crude steel production in the first five months of 2023, amounting to 13 mln tons. In the month of May alone, there was a 10.3 pct YoY decrease, resulting in…
NINL, a 1.1-mln-ton steel manufacturing unit in Odisha, has reached 100 pct capacity utilisation within one year of its acquisition by Tata Steel. On July 4, 2022, the steel major completed the acquisition of Neelachal…
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