Turkish steelmaker Kardemir has raised its wire rod prices by USD 10 per ton, according to its recent price list. The company is offering 5.5 mm SAE 1006 grade at USD 590 per ton EXW, while 5.5 mm SAE 1008-1010 grades…
Egypt's Trade Remedies Sector, part of the Ministry of Investment and Foreign Trade, has extended its antidumping investigation into imports of cold-rolled, galvanized, and pre-painted steel from Turkey and China for an…
ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) and Jubail Energy Services Company (JESCO) have closed a USD 1.4 bln strategic financing package to support their major heat treatment and advanced premium…
Amreli Steels Limited's board has approved the direct issuance of up to 40 mln ordinary shares at PKR 25 each, raising PKR 1 bln (USD 3.5 mln) to strengthen working capital and support its credit restructuring plan. The…
Jindal Stainless, through its subsidiary Jindal Stainless Steelway, has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. Spanning 400,000 sq ft, the facility will primarily serve…
Outokumpu's Calvert mill in Alabama has been recognized by Partners for Environmental Progress (PEP) for its efforts to reduce environmental impact, marking the third consecutive year it has received PEP's Environmental…
Metalloinvest's Lebedinsky GOK has completed major repairs at two hot briquetted iron (HBI) production units, HBI-1 and HBI-2, five days ahead of schedule. The 17-day HBI-1 overhaul included shaft furnace repairs…
Turkish billet producer Vertra Steel has begun operations at its new automated, environmentally friendly plant in the Ceyhan Organized Industrial Zone, Adana. The facility, with an annual capacity of 800,000 tons, is…
ArcelorMittal Tubular Products Al-Jubail (TPJ), one of Saudi Arabia's most advanced industrial facilities, has completed the discovery phase of a warehouse optimization project in partnership with Sigma Software. The…
Brazil's Minerios Itauna Ltda (Minerita) has awarded Metso the supply of key comminution equipment for its greenfield compact iron ore project in Itatiaiucu, Minas Gerais. The plant will target 4.5 mln tons per year of…
SSAB announced that Denmark-based Meneta Group has begun using SSAB Zero steel in its automotive brake components, marking a key step toward more sustainable vehicle manufacturing. The milestone builds on the companies'…
Russian steelmaker Severstal has commissioned a new reheating furnace (No. 3) at its Mill 2000 in the Cherepovets Iron and Steel Works (CherMK), boosting capacity and efficiency at the site. The furnace has a design…
Turkey exported 10 mln tons of steel in the first eight months of 2025, up nearly 13pct YoY, according to the Turkish Steel Producers' Association (TCUD). Export revenues increased 4.4pct to USD 6.8 bln. In August…
Yamato Steel Co., a leading Japanese producer of beams and structural steel, has awarded SMS group a contract to modernize its section mill in Himeji. The project will replace two existing mill stands with SMS's compact…
Posco and Hanwha Ocean have signed an MOU in Seoul to jointly develop ultra-high strength, giga-class, steel for next-generation naval ships. The collaboration covers six areas, including steel materials, welding…
Vallourec, a global leader in premium seamless tubular solutions, has received a new order from Petrobras for more than 30 units of its Submagnetico Free Flow Oil Country Tubular Goods (OCTG). The equipment will be…
Thyssenkrupp has regained full control of its steel division after Czech tycoon Daniel Kretinsky agreed to sell back his 20pct stake and abandon plans for a joint venture, the company said in a joint statement. The move…
The Saudi Iron and Steel Company (Hadeed) has lowered long steel prices by SAR 75 (USD 20) per ton for October production. Under the new pricing, rebar (12-32 mm) is set at SAR 2,055 (USD 548) per ton, while wire rod…
Agha Steel Industries' Board of Directors has approved the restructuring of finance facilities worth PKR 23.2 bln (USD 82 mln) with banks and financial institutions. The plan, developed in consultation with lenders…
Hoa Phat Dung Quat Steel, a subsidiary of Hoa Phat Group, has completed a major capacity expansion at its Dung Quat 2 facility in Quang Ngai Province, Vietnam. Working with SMS group, the company installed and…