Middle East Steel News
Kardemir sells sizable billet volumes in domestic market
Turkish steelmaker Kardemir opened a new billet sales round on May 13 and closed it after securing significant order volumes from the domestic market.
The...
APC signs OCTG supply contract for Kuwait Oil Company
Saudi Arabia-based Arabian Pipes Company (APC) signed a contract with Kuwait's KAC Trading Company for the manufacture and supply of OCTG casing pipes for...
Senaat unit to develop manufacturing complex in Dammam
Saudi Arabia's Advanced Building Industries Company (Senaat) announced that its subsidiary, Advanced Construction Solutions Company for Projects (ZODCON), signed a contract with TKE ALAT...
Kingspan launches insulation manufacturing facility in Dammam
Kingspan Insulation announced the operational launch of its new manufacturing facility in Dammam, Saudi Arabia, strengthening the company's local production presence in the Kingdom.
The...
IIL plans diversification into mining business
Pakistan's major pipe producer, International Industries Limited (IIL) announced plans to diversify into mining and exploration activities through a proposed joint venture focused primarily...
Global Steel News
Iron ore futures close flat amid balanced market sentiment
Dalian iron ore futures closed largely unchanged on Thursday, as firm near-term steel demand offset pressure from high port-side iron ore inventories and concerns...
Xiangtan Steel to upgrade heavy plate mill in Hunan
Xiangtan Iron and Steel, part of China's Hunan Valin Group, selected Primetals Technologies to upgrade automation and thickness control systems at its heavy plate...
Salzgitter unit expands military-grade steel certifications
Ilsenburger Grobblech GmbH, a subsidiary of Salzgitter AG, obtained additional certifications for its SECURE protection steel grades for military applications, expanding its approved product...
ArcelorMittal awards decarbonization contract for Dunkirk steel plant
ArcelorMittal awarded a consortium comprising Spain-based Tecnicas Reunidas and IDOM an EPCM contract for the development of new steelmaking facilities at its Dunkirk plant...
Iron ore gains amid cautious optimism over trade talks
Iron ore futures increased on Wednesday, supported by cautious optimism over U.S.-China trade talks, although demand concerns persisted.
Markets looked ahead to the high-level meeting...
