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
Indian manufacturers from various sectors, including steel, have shown keen interest in launching projects in Egypt to tap into both local and international markets, according to a statement released by the Suez Canal…
A joint venture of Chinese steel producers Taiyuan Iron and Steel Group Co. (TISCO) and Shandong Xinhai Industry granted the final acceptance certificate (FAC) to Primetals Technologies for an extensive combination of…
JFE Steel Corporation, in collaboration with Japan Petroleum Exploration Co., Ltd. (JAPEX), JGC Holdings Corporation (JGC HD), and Kawasaki Kisen Kaisha, Ltd. ("K" LINE), has agreed to conduct a joint evaluation aiming…
Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced results for its fiscal fourth quarter and full year ended March 31, 2023. During the fourth quarter…
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 575 per ton EXW, representing a decrease from…
Saudi Iron and Steel Company (Hadeed) has decided to keep the prices of rebar and wire rod unchanged for the production in July. The company has maintained the pricing of rebar, ranging from 12-32 mm, and wire rod…
According to the latest data released by the World Steel Association, crude steel production in the Middle East witnessed a 1.1pct growth during the first four months of 2023, reaching a total of 18.7 mln tons compared…
ArcelorMittal Nippon Steel India Ltd (AM/NS India) will expand its Indian flagged fleet as the steel maker jointly owned by ArcelorMittal and Nippon Steel seeks to secure supply chain in the face of a shortage of Indian…
Ternium, a leading steel manufacturer, has announced a significant investment of USD 3.2 billion to construct a state-of-the-art steel plant and cold rolling facility in Nuevo Leon. This new venture will be established…
Gerdau Brazil recently upgraded seven of its electric arc furnaces using the innovative Danieli Q-Reg advanced electrode-control system. The patented Q-Reg system revolutionizes electrode control by incorporating a…
ArcelorMittal and Sekisui Chemical have been partnering on a project to capture and reuse CO2 emitted during steelmaking. As part of this partnership, the two companies have been supported by the New Energy and…
UAE's Emirates Steel Arkan (ESA) has announced that it will keep rebar prices unchanged for July production. ESA will continue offering rebar at AED 2,450 (USD 667) per ton CPT Abu Dhabi and AED 2,458 (USD 669) per ton…
Emirates Steel Arkan, the UAE's largest steel and building materials manufacturer, has introduced a new operating model to capitalize on the collective strengths of its Steel and Building Materials businesses, aligning…
Metso, a leading industrial company, has recently entered into an agreement with Sinosteel Corporation to deliver seven Larox FFP2512 pressure filtration units for the expansion of Tosyali Algeria’s iron concentrator…
According to a recent report by the Iranian Steel Producers Association, Iranian steelmakers recorded a production of 6.31 mln tons of semi-finished products during the first two months of the current fiscal year (March…
Taiwan’s China Steel Corp (CSC) has announced a reduction in domestic steel prices for deliveries in July, citing sluggish demand. However, the company remains optimistic about a recovery in demand during the second…
United States Steel Corporation (U.S. Steel) provided second quarter 2023 adjusted net earnings per diluted share guidance of USD 1.81 to USD 1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately USD…
As part of its decarbonisation process, ArcelorMittal Luxembourg has confirmed its plan to invest EUR 67 mln (USD 73.2 mln) in a new electric arc furnace (EAF) at its Belval site. This investment is part of a series of…
Iberdrola Germany and SHS - Stahl Holding Saar GmbH & Co. KGaA have concluded a long-term power purchase agreement (PPA). The cooperation between the two companies is set for 15 years and covers an annual consumption of…
Egypt's Ezz Steel has taken significant steps to reduce water consumption in water-scarce Egypt. In a strategic move, Ezz Steel partnered with Veolia Water Technologies Egypt to transition from using freshwater from the…
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