Watani Steel posts sharp rise in H1 profit on stronger sales
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) reported a sharp increase in profitability for the first half of 2026, supported by higher sales...
Meranti Green Steel partners with Marafiq on desalination plant for Duqm project
Meranti Green Steel has signed heads of terms with Marafiq-CUC for the supply of industrial water to its planned DRI/HBI plant in Duqm, Oman.
Under...
Iron ore futures stay subdued as supply pressure persists
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply,...
JFE Steel produces first DRI using green hydrogen
JFE Steel has successfully produced DRI using green hydrogen at its East Japan Works in Chiba, marking the first such trial in Japan as...
Nemo Industries selects ENERGIRON technology for Louisiana DRI project
Nemo Industries has selected Tenova's ENERGIRON technology for a new direct reduction plant in Louisiana, US, as part of its planned Ironworks I pig...
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