Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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3,171 news items in Steel Mills. Show all
EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has signed a memorandum of understanding with Aldar to supply hydrogen-based steel rebar, marking a regional first in…
Pakistani rebar producer Dost Steels Limited has finalized a loan restructuring agreement with a consortium of banks to reschedule outstanding debt of PKR 2.08 bln (USD 7.35 mln), including future markup, according to a…
Nippon Steel plans to invest USD 14 bln in U.S. Steel's operations, including up to USD 4 bln for a new steel mill, if the Trump administration approves its acquisition bid, according to sources, Reuters reported. The…
Fives has completed its first PREMIX oxygen enrichment project on a billet reheating furnace at SN Maia Siderurgia Nacional in Maia, Portugal, the Megasa Group's largest rebar production facility. SN Maia sought to cut…
Outokumpu, a leader in sustainable stainless steel, expanded into the metal powder market for additive manufacturing in 2023. As of May 2025, the company has entered the commercial production phase for the aerospace and…
Saudi Arabia's Al Watania for Industries and China's Donghexin Group have signed a joint venture agreement to establish the region's first tinplate manufacturing facility in Ras Al-Khair Industrial City. With commercial…
China's crude steel production held steady in April at 86.02 mln tons, according to data from the National Bureau of Statistics (NBS). Output was down 7pct from March but flat compared to the same month last year. For…
Jindal (India) Limited, a key player in India's downstream steel sector and part of the B.C. Jindal Group, has entered the steel section pipes and tubes market with a ₹100 crore (USD 11.68 mln) investment aimed at…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced it will keep its product prices unchanged for June, reflecting ongoing global and domestic market challenges. The company's HRC prices…
Malaysia Steel Works (KL) Bhd (Masteel) has signed a Memorandum of Understanding (MoU) with Ace Gases Marketing Sdn. Bhd., a subsidiary of Kelington Group Berhad, and Universiti Tunku Abdul Rahman (UTAR) to advance…
Watani Iron Steel Co. (Watani Steel) reported a net profit of SAR 2.9 mln (USD 0.77 mln) for the first quarter of 2025, down 42pct from SAR 4.9 mln in the same period last year. Sales revenue declined 17.8pct YoY to SAR…
Pakistan's large-scale manufacturing (LSM) sector grew by 1.79pct YoY in March 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, on a monthly basis, LSM output fell sharply by 4.64pct…
ArcelorMittal is set to invest approximately EUR 1.2 bln (USD 1.34 bln) in a new electric arc furnace (EAF) in Dunkirk, signaling a strong commitment to decarbonizing its steel operations there. The European steel…
Knauf Interfer has acquired a majority stake in the H. D. Lenzen Group, based in Hagen, boosting its steel division by expanding into strip finishing. The acquisition was completed via a share deal by Knauf Interfer…
UAE-based EMSTEEL, one of the region's leading publicly traded steel and building materials manufacturers, has announced its financial results for Q1 2025. The group reported revenue of AED 2.155 bln, up slightly from…
ArcelorMittal Tubular Products Jubail has secured full financial backing from leading commercial banks in Saudi Arabia for its heat treatment and advanced premium OCTG finishing line expansion. The expansion will add…
Saudi Arabia's Al Yamamah Steel Industries Co. reported a significant drop in net profit for the first half of fiscal year 2025, ended March 31. Net profit fell by nearly 56pct YoY to SAR 26.54 mln (USD 7 mln), driven…
Iran has ordered cement and steel factories nationwide to halt or significantly reduce production for 15 days starting May 15 to manage soaring electricity demand, local media reported. According to Tejarat News, the…
Tenaris has invested USD 8 mln to upgrade safety and boost automation at its Sault Ste. Marie industrial center in Ontario, as part of a broader USD 72.5 mln modernization plan launched in 2024. The investment includes…
Danieli has announced the final acceptance of a new billet reheating furnace at the Stahlwerk Annahutte Max Aicher plant in Ainring-Hammerau, Germany. Supplied by Danieli Centro Combustion, the 80 tph furnace exceeded…
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