Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,158 news items in Steel Mills. Show all
Saudi-based Riyadh Steel reported lower revenue but higher net profit in 2025, according to a filing on the Saudi Exchange. The company's revenue declined 7pct YoY to SAR 151.16 mln (USD 40.3 mln) in 2025, compared with…
China's Xiangtan Iron & Steel (Group) Co., Ltd. has awarded SMS group a contract to supply a four-strand bloom caster (CCM#12) for its existing BOF shop in Xiangtan city. The new caster will produce ultra-high-quality…
India's steel industry is facing growing operational disruptions due to a shortage of industrial gases, including LNG, LPG and propane, amid supply disruptions linked to the ongoing West Asia conflict, according to…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased product prices for April sales under its latest monthly price list. The company raised HRC (1.7-22 mm) and pickled and oiled coil (1.7-6…
The UK government has imposed definitive anti-dumping duties on imports of tin mill products from China, following an investigation by the Trade Remedies Authority (TRA) which found that Chinese exporters were selling…
Saudi Arabia-based East Pipes Integrated Company for Industry has approved the establishment of a new external steel pipe coating line at its pipe coating plant in the Second Industrial City in Dammam. The project…
Riyadh Steel Company has appointed Eng. Abdullah Radhwan Ali as Chief Executive Officer, effective March 12, after its Board of Directors approved the termination of his assignment as acting CEO, the company said in a…
Iron ore futures declined on Monday as lower Chinese steel production and rising supply weighed on market sentiment. Daily crude steel output among mills of the China Iron and Steel Association (CISA) fell 0.8pct during…
Jingye (Yingkou) Medium Plate Co. Ltd. has signed a contract with SMS group to modernize the No.1 high-speed wire rod line at its Yingkou plant in China, aiming to expand the line's product diameter range and improve…
ArcelorMittal Nippon Steel India (AMNS India) has partnered with the CSIR-Central Road Research Institute (CSIR-CRRI) to explore the use of iron ore tailings in road construction, aiming to convert mining waste into…
German steel producer Salzgitter AG's subsidiary Ilsenburger Grobblech GmbH is investing just over USD 2.2 mln in a new waterjet cutting system at its Ilsenburg plant, aiming to strengthen production for the growing…
UAE-based steel and building materials producer EMSTEEL reported improved operational performance in 2025, supported by strong domestic demand and higher finished steel production. The company's crude steel production…
UAE-based Arabian Gulf Steel Industries (AGSI) has secured a Sustainable Finance Working Capital Facility from Ajman Bank, further strengthening its sustainable finance framework and supporting its green steel strategy…
The Islamic Corporation for the Development of the Private Sector (ICD), a Saudi-based member of the Islamic Development Bank Group, plans to arrange up to USD 900 mln in Sharia-compliant financing to support the…
India's state-owned steelmaker Steel Authority of India Limited (SAIL) recorded its highest-ever sales for the April 2025-February 2026 period, supported by strong domestic demand and expanded customer outreach…
PT Bahagia Steel, an Indonesian producer of round bar and rebar based in Surabaya, has placed its first order with SMS group for a twin-strand high-speed delivery (HSD) rebar production line for its Kampung Wringinanom…
Negotiations between Germany's Thyssenkrupp and India's Jindal Steel over a potential sale of Thyssenkrupp's steel unit are facing uncertainty amid disagreements on key issues, according to media reports. The talks…
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…
Turkey's Koc Group has joined the shareholder base of Swedish green steel producer Stegra as part of a new capital increase aimed at financing construction of the company's hydrogen-based steel plant in Boden, northern…
Yongfeng Group has awarded Fives a contract to design and supply annealing furnaces for new strip processing lines at its upcoming steel facility in Linyi, Shandong province, China. The project will include the…
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