Rebar prices hold steady as slow demand limits upside
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...
Arabian Pipes signs steel pipe coating contract with Aramco
Arabian Pipes Company has signed a contract with Saudi Aramco for steel pipe coating works valued at around SAR 19 mln (USD 5 mln).
The...
Ajeej Steel renews working capital facility with Bank Aljazira
Ajeej Steel Manufacturing Co. has renewed a SAR 50 million (USD 13.3 mln) Shariah-compliant banking facility with Bank Aljazira, its parent company National Building...
Iron ore futures gain as pre-holiday restocking supports prices
China's iron ore futures moved higher on Thursday, supported by pre-holiday restocking by steel mills, although weak mill profitability continued to limit the upside.
Market...
GravitHy awards EPC contract for Fos-sur-Mer substation
GravitHy has awarded CAP INGELEC an EPC contract to design and build a 1.15 GW electrical substation for its planned low-carbon hot briquetted iron...