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    Kardemir raises rebar and wire rod prices

    Turkish steel producer Kardemir has raised its rebar and wire rod prices in the latest sales round, according to the company's updated price list. Rebar in sizes ranging from 12 to 32 mm is now offered at TRY 19,875 (USD 584) per ton, up from TRY 19,450 (USD 579) per...

    Emirates Steel Arkan rebrands as EMSTEEL to boost global presence and sustainability

    Emirates Steel Arkan, the UAE's largest publicly listed steel and building materials company, has rebranded as EMSTEEL to accelerate its operational transformation and expand its global presence. The rebranding reflects the successful 2021 merger of Emirates Steel and Arkan Building Materials, which created the UAE's largest steel and building materials...

    Edamah awards infra works contract for mixed-used project

    Edamah, the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), has awarded leading Bahrain construction firm Cebarco the contract for the first phase of infrastructure works at the Bilaj Al Jazayer project, a mixed-used project, located on the southwest coast of Bahrain. The scope of work includes the development...

    Ministry signs MoU with Etihad Rail to build railway project

    Etihad Rail, the developer and operator of the UAE National Railway Network, signed two Memoranda of Understanding valued at USD 2.3 bln with Jordan's transport ministry and local companies to build, operate and maintain a mineral railway network in Jordan. Etihad Rail said in a press statement that it has...

    Iron ore futures continue decline as market cautious on demand recovery

    Dalian iron ore futures extended their decline on Thursday, falling for the fifth consecutive session, as the outlook for iron ore demand remains weak despite a modest recovery in steel demand. The improvement in steel demand is evident from the ongoing weekly drop in steel inventories at major Chinese warehouses....

    Jindal Steel & Power upgrades blast furnace with hydrogen injection technology

    Jindal Steel and Power has contracted Primetals Technologies to engineer a new Hydrogen-Bearing Syn-Gas Injection System and provide site advisory services for installation and commissioning. This system will integrate with Primetals Technologies' existing Level 2 automation solution. By substituting some traditional carbon fuels with hydrogen, Jindal Steel and Power aims...

    Linde India acquires Tata Steel’s industrial gas supply assets

    Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel's selection of Linde India as the successful bidder to own and operate the gas supply infrastructure at...

    Vale and Midrex collaborate on iron ore briquette solution to cut CO2 emissions

    Brazilian iron ore miner Vale and Midrex Technologies, Inc. have signed a Technical Cooperation Agreement to advance the use of iron ore briquettes in direct reduction plants, aiming to support steelmaking decarbonization, according to a Midrex press release. The agreement builds on a year of joint technical cooperation and testing....

    NTC investigates alleged circumvention of AD tariffs on Chinese galvanized steel imports

    Pakistan's National Tariff Commission (NTC) has launched an investigation into the alleged circumvention of antidumping duties on Chinese galvanized coils and sheets imports. The investigation was launched following an application filed on June 28, 2024, by domestic flat steel producers International Steels and Aisha Steel. The producers allege that...

    Ministry begins EIA process for YC Inox’s SS pipe capacity expansion project in Kocaeli

    The Turkish Ministry of Environment and Urbanization has initiated the environmental impact assessment (EIA) process for YC Inox TR Celik, a Turkish subsidiary of Taiwan's YC Inox, as part of its stainless steel pipe production capacity expansion project in Dilovasi, Kocaeli. The project, with a total investment of TRY 64.86...

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