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Arabian Pipes to establish drilling pipe coupling factory in Riyadh
Arabian Pipes Company announced that its Board of Directors has approved the establishment of a drilling pipe coupling factory at the company's facility in...Jindal Steel Sohar sets new monthly liquid steel production record
Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, said its 220-ton electric arc furnace (EAF) in Sohar...Meranti signs green HBI offtake agreement with Thyssenkrupp Materials Trading
Meranti Green Steel has signed an offtake agreement with Thyssenkrupp Materials Trading (TKMT) covering the supply of 1 mln tons of green hot briquetted...Customs extends export duty on stainless steel scrap
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an...
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Iron ore edges higher as Beijing eases property policies, upside limited by fundamentals
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals...Hoa Phat breaks ground on Dung Quat Rail and Special Steel Plant
Hoa Phat Group has held a groundbreaking ceremony for its Dung Quat Rail and Special Steel Production Plant, marking a key step in the...TMK supplies high-strength pipes for racing cars
TMK said its subsidiary, Pervouralsk New Pipe Plant (PNTZ), has manufactured and supplied seamless pipes for racing cars produced by BR Engineering. PNTZ produced around...Metalloinvest’s OEMK completes major overhaul of Mill-350
Metalloinvest's A.A. Ugarov Oskol Electrometallurgical Plant (OEMK) has completed a major overhaul of key equipment at Rolling Shop No. 2 (Mill-350). The kilometer-long Mill-350 production...
- Prices
Iron ore edges higher as Beijing eases property policies, upside limited by fundamentals
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals...Iron ore futures rise slightly amid cautious market sentiment
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping...Iron ore futures ease as seasonal demand weakness weighs on sentiment
Iron ore futures edged lower on Tuesday as a bearish outlook continued to pressure the market. A seasonal slowdown in steel demand has prompted...Emirates Steel holds rebar prices steady for Jan production
Emirates Steel, a subsidiary of the EMSTEEL Group, has kept its rebar prices unchanged for January production. The company maintained its rebar price at AED...
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