Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in the coming weeks, boosting iron ore consumption…
India's Vraj Iron and Steel Limited has approved plans to establish a new rolling mill at its Bilaspur unit for the production of TMT bars, with an installed capacity of 150,000 tons per annum, the company said in a…
DWK Drahtwerk Koln GmbH, a subsidiary of Saarstahl AG, has expanded its long-standing cooperation with Max Bogl Wind AG, strengthening the supply of prestressing steel wire for hybrid wind tower construction. Under the…
Orrcon Steel, part of BlueScope Steel, is enhancing production performance at its Unanderra facility through a fully automated OTO tube mill supplied by Fives. The advanced line supports increased output of high-quality…
Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production. The company increased rebar prices by AED 73 (USD 20) per ton, taking the new price to AED 2,721 (USD 741) per ton EXW…
Saudi Arabia's Arabian Pipes Company (APC) reported a 34.3pct YoY decline in net profit for 2025, according to a stock exchange filing. The company's net profit fell to SAR 110.47 mln (USD 29.4 mln) from SAR 168.18 mln…
Thailand's Sahaviriya Steel Industries (SSI) has launched SSI GREEN, a collaborative initiative aimed at driving Thailand's first low-carbon steel supply chain, uniting 19 industry partners across the steel value chain…
Thyssenkrupp Steel will begin supplying its Bluemint recycled, a CO2-reduced steel product, to the BMW Group this year, the company said. The material will be used in series production of the BMW iX3, including outer…
Norway's Blastr Green Steel is among a small group of bidders still in talks with the UK's Official Receiver over a potential acquisition of Speciality Steel UK (SSUK), formerly owned by Liberty Steel, according to…
Whyalla Steelworks is set to secure long-term gas supply under a binding term sheet signed between Santos and the South Australian Government to support the plant's transformation into a low-emissions green iron…
The board of Saudi Steel Pipe Company has approved the initiation of voluntary liquidation procedures for its wholly owned subsidiary, Titanium & Steel Manufacturing Co. Ltd. (TSM Arabia), which has a capital of SAR 32…
India's state-owned steelmaker, Steel Authority of India Limited (SAIL) has issued a letter of intent to Atmastco Limited for the installation of a 140-tph walking beam reheating furnace at the plate mill of Bhilai…
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers held firm on prices due to tight availability and higher…
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited financial results. The company's net profit rose 35pct YoY to OMR…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, reported resilient financial results for the year ended 31 December 2025, supported by strong cash flow generation and a marked improvement in…
India's Lloyds Metals and Energy Limited has incorporated a step-down subsidiary, Virtus Lloyds Resources FZCO, in the Dubai Multi Commodities Centre (DMCC) Zone, United Arab Emirates, following its recent intimation…
Mukand Limited, part of the Bajaj Group, has been awarded Green Steel certification by the National Institute of Secondary Steel Technology (NISST) under India's new Green Steel Taxonomy. The certification recognizes…
Magnitogorsk Iron & Steel Works (MMK) has developed and begun production of a new class of hot-rolled ribbed (corrugated) steel whose mechanical properties are guaranteed to meet defined strength and impact standards…
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…
Noksel Steel Pipe has won the Mersin-Mut Natural Gas Pipeline steel pipe procurement tender finalized by Petroleum Pipeline Transportation Inc. (Botas), submitting a bid of TRY 2.69 bln (USD 61.4 mln), according to…