Turkish steel producer Kardemir has signed a new rail supply contract with Algeria's Infrarail, according to a stock exchange filing. The agreement is valued at EUR 11.83 mln (USD 13.3 mln), with deliveries scheduled to…
Tosyali Algerie is set to explore the development of an integrated green hydrogen project in partnership with Sonatrach, Sonelgaz, and Hecate Renewable Energy. The project will use renewable energy to support the…
EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced a strategic partnership with Finnish company Magsort to advance decarbonised cement production by leveraging…
Vardhman Special Steel has awarded Danieli a contract to supply a new black-bar straightening line for its Ludhiana plant in Punjab, India. The advanced line will feature a two-roll straightening unit capable of…
Hoa Phat Dung Quat Rail and Special Steel JSC has partnered with SMS group to build a state-of-the-art rail and section mill with an annual capacity of 700,000 tons. The facility will be located in the Dung Quat…
Nippon Steel plans to invest JPY 868.7 bln (USD 5.98 bln) to install electric furnaces at its domestic steel plants, backed by up to JPY 251.4 bln (USD 1.7 bln) in aid from Japan's industry ministry. The initiative…
Habas A.S., based near Izmir, Turkey, is moving forward with its modernization and expansion strategy. Following the launch of its pickling line/tandem cold mill (PLTCM) project in October 2021, the company initiated…
EMSTEEL Group, one of the region's leading publicly traded steel and building materials manufacturers, has signed a Memorandum of Understanding (MoU) with TAQA Distribution, a subsidiary of Abu Dhabi National Energy…
Pakistani rebar producer Dost Steels has signed a restructuring agreement with a consortium of banks as part of efforts to stabilise its financial position. The deal is backed by a PKR 2.08 bln (USD 7.33 mln) investment…
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ending March 31, 2025. In Q4 FY25, SAIL posted a revenue of INR 29,316 crore (USD 3.4…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Danish water solutions company Grundfos to accelerate the use of low-emission materials. As part of the collaboration, most of the stainless…
Tubacex, a global leader in advanced industrial solutions for the energy and mobility sectors, has signed a strategic agreement with Adnoc, the UAE's integrated energy group, granting Adnoc exclusive rights to use…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Outokumpu Stainless USA for the successful upgrade of process optimization systems at its Calvert, Alabama facility. The project involved a…
Salzgitter Mannesmann Stahlhandel GmbH, a subsidiary of Salzgitter AG, has announced the sale of its Austrian unit, Salzgitter Mannesmann Stahlhandel Austria, to the ECCO Group. The company, based in Graz and Gratkorn…
Arabian Pipes Company (APC) has announced a new supply contract with Saudi Aramco, according to a recent stock exchange filing. The agreement, valued at SAR 104 mln (USD 27.7 mln), involves the supply of pipes…
Algerian Qatari Steel (AQS) has achieved a major milestone with the European certification for its B500B rebar, in compliance with the technical requirements of the Kingdom of the Netherlands. The certification was…
Tata Steel UK has awarded a major contract to global crane manufacturer JASO Industrial Cranes as part of its GBP 1.25 bln (USD 1.69 bln) investment in sustainable steel production at Port Talbot. Under the agreement…
Subsea Micropiles has entered into a global supply agreement with Marubeni Itochu Steel for the provision of steel used in offshore wind projects and other applications. Based in Banchory, Scotland, Subsea Micropiles…
The global steel sector is expected to face ongoing challenges through 2025 and beyond, according to the OECD. Despite projected capacity growth of 6.7pct between 2025 and 2027, the OECD warns that capacity utilization…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for June production will remain unchanged for the fifth straight month. The company has maintained its rebar price at AED 2,660 (USD…