Aslak receives GAC clearance for 40pct stake acquisition in Al Raeda
Saudi Arabia's United Wire Factories Company (Aslak) has obtained a non-objection certificate from the General Authority for Competition (GAC) for its planned acquisition of...
Adani Ports, NMDC and Vale partner to strengthen iron ore supply chain
Adani Ports and Special Economic Zone (APSEZ), NMDC and Vale have signed a Memorandum of Understanding (MoU) to collaborate on iron ore-related opportunities, marking...
TMIC to commission new aluminum cold rolling mill in Dammam
Saudi Arabia's Tahweel Metal Industry Company (TMIC) has signed a contract with SMS group for the engineering, manufacture and supply of a six-high aluminum...
Kloeckner acquires Camalloy to expand stainless and aluminum service capabilities
Kloeckner Metals Corporation (KMC) has announced the acquisition of Camalloy, a stainless steel and aluminum service center based in Washington, Pennsylvania.
The Camalloy facility operates...
Iron ore futures slide as weak demand and commodity sell-off weigh on sentiment
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment.
Rising iron ore inventories at major...
