Thursday, October 30, 2025
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Base Metal

PACRA maintains Mughal Steel ratings with positive outlook on cost efficiency

The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Mughal Iron & Steel Industries Limited (Mughal Steel), citing the company's...

ALUPCO and AAG to build aluminum industrial base in Riyadh

Saudi Arabia's Aluminium Products Company (ALUPCO) and Hong Kong's Asia Aluminum Group (AAG) have signed a USD 500 mln agreement to establish the region's...

Beco Steel in talks for USD 22 mln export order

Beco Steel said it is in advanced discussions with an international client for an export order worth USD 22 mln for the coming financial...

Beco Steel makes first copper ingots export to Hong Kong

Pakistan's Beco Steel Limited has successfully completed its first export shipment of copper ingots to Hong Kong, China, the company announced in a filing...

Govt targets 300 mln tons steel output by 2030 to become global export hub

India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said...

GCC imposes AD tariffs on aluminum alloy flat steel imports from China

The Gulf Cooperation Council (GCC) has announced the imposition of anti-dumping duties on imports of aluminum alloy flat products from China. According to the GCC's...

EU unveils measures to protect regional steel industry

The European Commission has announced a comprehensive action plan to support and expand industrial capacities in the steel and metals sectors, aiming to counter...

Basra to host country’s largest steel industrial hub – report

Iraq plans to open its first steel-focused industrial zone this year in Basra as part of a broader effort to attract investment in steel,...

Naba Alsaha awards contract to Siab Aluminum for hospital project

Naba Alsaha Medical Services Co. has awarded Siab Aluminum Factory a USD 2.73 mln contract (excluding VAT), according to a stock exchange filing. The contract...

Mill Steel acquires Maryland Metals to expand processing capacity

Mill Steel Co., one of the largest distributors of flat-rolled carbon steel, stainless steel, and aluminum in the U.S., has acquired Maryland Metals Processing...

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