Crude steel production in the Middle East declined by 13.4pct YoY to 4.0 mln tons in June 2026, according to data from the World Steel Association. During the January-June period, regional crude steel production fell by…
Saudi Aramco has awarded steel pipe supply contracts worth a combined SAR 160.7 mln (USD 42.8 mln) to domestic manufacturers Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. (APC). Saudi Steel Pipe Co. announced it has…
Saudi Arabia's East Pipes Integrated Company for Industry (East Pipes) reported strong financial results for the first quarter of fiscal year 2026/27 ended June 30, supported by higher sales volumes, improved selling…
Turkish long steel producer Kardemir Celik Sanayi AŞ has launched an initial public offering (IPO) valued at TRY 4.48 bln (USD 94.9 mln), with the company aiming to strengthen working capital and improve utilization of…
State-owned Steel Authority of India Ltd (SAIL) has approved, in principle, the expansion of its flagship Bhilai Steel Plant in Chhattisgarh, increasing crude steel production capacity from 6.8 mln tons per year to 10.2…
Romania's Liberty Galati has begun a partial restart of operations after securing tolling agreements with commodities trader Glencore and Turkish steel service center Kaiseri Metal Center (KMC), marking the first…
ArcelorMittal has signed an agreement with Spanish energy company Moeve to acquire Energy Savings Certificates (CAEs) covering 2.1 TWh of annual energy savings, marking the largest transaction of its kind in Spain. The…
Turkish steelmaker Kardemir has increased domestic rebar prices in its latest sales round. The producer is offering 12-32 mm rebar at TRY 27,295 (USD 578) per ton EXW, excluding VAT, up from TRY 26,500 (USD 566) per ton…
Egypt's Suez Steel has started commercial production of high-specification rail profiles and heavy structural sections at its Rail and Heavy Section Mill, expanding its product portfolio for railway and infrastructure…
China's Chengde Jianlong has completed the commissioning of a Kocks RSB 500++/4 reducing and sizing block, following the issuance of the Final Acceptance Certificate (FAC), enabling the production of larger-sized…
Vallourec has secured a contract from offshore engineering company Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu 2 offshore oil and gas project in Brazil, developed by…
Germany-based steel processor Wuppermann Group and Swedish green steel producer Stegra have signed a long-term tolling agreement under which Wuppermann will galvanize Stegra's near-zero emission steel products to serve…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for August production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
Oman's Al Jazeera Steel Products Co. SAOG reported a decline in net profit for the first half of 2026, according to its unaudited financial results. The company's net profit fell 6pct YoY to OMR 3.88 mln (USD 10 mln)…
China's Wuhan Iron and Steel Co. (WISCO), a subsidiary of Baowu Steel Group, has awarded Primetals Technologies a contract to convert its compact strip production (CSP) line into a conventional hot strip mill (HSM)…
Spanish seamless tube producer Tubos Reunidos has supplied 160 tons of seamless stainless steel tubes for the Gorakhpur Nuclear Power Plant (GHAVP) in India, strengthening its presence in the global nuclear supply…
US-based Steel Dynamics reported stronger second-quarter results, supported by improved steel prices, record shipments and solid demand across key end-use sectors. The company said favorable market conditions continued…
Saudi Arabia's East Pipes Integrated Company for Industry has signed agreements worth about SAR 8.9 mln (USD 2.37 mln) with selected suppliers as part of its investment in strategic material handling assets aimed at…
Jindal Stainless Limited (JSL) has supplied around 40pct of the stainless steel used in India's first hydrogen-powered train, supporting the country's efforts to develop low-emission rail transport. The company produced…
U.S. Steel's Big River Steel mill in Arkansas will supply more than 142,000 tons of steel coils for the first two phases of the Steel River Energy Center, one of the largest solar and battery storage projects under…