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Steel Mills steel news

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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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3,155 news items in Steel Mills. Show all

ArcelorMittal sells 10pct stake in Vallourec

Luxembourg Luxembourg

ArcelorMittal has announced the sale of approximately 23.9 mln shares in Vallourec, representing around 10pct of the French steel pipe producer's outstanding share capital, through an accelerated bookbuilding process to…

Kardemir returns to profit in Q1 2026

Turkey Turkey

Turkish steel producer Kardemir reported a net profit of TRY 24.5 mln (USD 0.54 mln) in the first quarter of 2026, compared with a net loss of TRY 1.94 bln (USD 42.55 mln) recorded in the same period last year. The…

ISL, Aisha Steel raise flat steel prices

Pakistan Pakistan

Pakistan's flat steel producers International Steels Limited (ISL) and Aisha Steel increased domestic prices for cold-rolled and galvanized steel products by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1…

East Pipes reports record FY26 earnings

Saudi Arabia Saudi Arabia

Saudi Arabia's based East Pipes Integrated Company for Industry (East Pipes) reported record financial results for the fiscal year ended March 31, 2026, supported by strong contract execution and higher demand from the…

IIL plans diversification into mining business

Pakistan Pakistan

Pakistan's major pipe producer, International Industries Limited (IIL) announced plans to diversify into mining and exploration activities through a proposed joint venture focused primarily on projects in Balochistan…

Xiangtan Steel to upgrade heavy plate mill in Hunan

China China

Xiangtan Iron and Steel, part of China's Hunan Valin Group, selected Primetals Technologies to upgrade automation and thickness control systems at its heavy plate mill in Xiangtan, Hunan Province. The project is aimed…

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