Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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India's Rama Steel Tubes Limited has reported its sales volume performance for Q3 FY25 and the first nine months of FY25. In Q3 FY25, the company achieved a sales volume of 51,669.01 tons, up 10pct YoY from 50,921.67…
Hoa Phat Group has supplied 10,000 tons of large-sized steel pipes for the construction of Southeast Asia's largest exhibition center in Dong Anh, Hanoi. The project, funded by Vingroup, began in August 2024 and is…
Ternium has signed an agreement with Lithium de France, a subsidiary of the Arverne Group, to provide casing, tubing, and related services for geothermal well construction. These wells, located in Northern Alsace, will…
Saudi Arabia's East Pipes Integrated Company for Industry has signed multiple supply contracts worth over SAR 57 mln (USD 15.1 mln), including VAT, with Saudi Real Estate Infrastructure Company (Binyah) and Al-Rashid…
Jindal Saw announced it has signed an agreement to acquire a 31.20pct equity stake in ReNew Green Energy. In a regulatory filing, Jindal Saw stated, "We have entered into a share purchase agreement with ReNew Green…
Crescent Steel and Allied Products Limited has been awarded a PKR 1.5 bln (USD 5.38 mln) contract, excluding sales tax, for the supply of 40-inch diameter coated steel line pipes. The company disclosed the development…
Turkey exported nearly 1.7 mln tons of welded steel pipes in the first ten months of 2024, marking an 8pct increase compared to the same period last year, according to the Turkish Statistical Institute (TUIK). In…
Vallourec, a global leader in seamless tubular solutions, has announced an agreement to sell the majority of its Dusseldorf-Rath production site to CTP, Europe's largest publicly-listed industrial property developer…
Corinth Pipeworks, a global leader in steel pipe solutions for energy and construction, has won two major offshore contracts from Subsea7 in the North Sea, reinforcing its strong regional presence and long-term…
Tenova has partnered with DMV (Cogne Group, formerly Mannesmann Stainless Tubes) and other companies to launch the EU-funded LIFE H2Reuse project, which began in July 2024. This initiative aims to cut the carbon…
Tenaris has completed the production of steel pipes for Equinor's Raia offshore gas pipeline project at its welded mill in Pindamonhangaba, Brazil. The Raia project involves the construction of a 200-kilometer subsea…
The U.S. Department of Commerce (DOC) has decided to impose provisional duties on oil country tubular goods (OCTG) from Argentina and Mexico following its preliminary findings. DOC determined that Argentine OCTG…
South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield investment aims to expand the company's product portfolio…
Turkey exported approximately 1.54 mln tons of welded steel pipes in the first nine months of 2024, a 9pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
Turkish pipe producer Borusan Pipe recorded a significant drop in net profits for the first nine months of 2024, citing difficult market conditions. Net profit fell to USD 11 mln, a steep decline from USD 149 mln in the…
Corinth Pipeworks, the steel pipes division of Cenergy Holdings, is enhancing its competitive edge through strategic investments aimed at increasing production capacity and efficiency. To support its growing customer…
Tenaris has been awarded a contract by Subsea7 to supply pipes and coating solutions for Petrobras' Buzios 9 project in Brazil's Santos Basin. Located 180 km (112 miles) offshore Rio de Janeiro, the Buzios Field lies at…
Tubacex Group, a global leader in advanced industrial solutions for energy and mobility, has finalized a USD 200 mln strategic partnership with Mubadala Investment Company, Abu Dhabi's sovereign investor, in its Oil…
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the UAE's largest operator of integrated economic zones, has signed a 50-year land lease agreement with Pipetec Solutions Manufacturing to establish a state-of-the-art…
China's Dalipal Holdings, led by Chairman Meng Fanyong, has signed a letter of intent to build a seamless steel pipe factory at Saudi Arabia's King Salman Energy Park (SPARK). The plant will cover more than 1,000,000 m2…
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