GCC beams market navigates weak demand and shipping disruption
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply.
Due to geopolitical...
Borusan Pipe’s US unit wins USD 555 mln in new orders
Turkey's Borusan Pipe's US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 555 mln following commercial negotiations in the US...
Dalipal advances OCTG manufacturing project at SPARK
Chinese tubular products manufacturer Dalipal Holdings has signed a 25-year lease for a 1.03 mln sq m plot at King Salman Energy Park (SPARK)...
Iron ore futures ease as rising raw material costs weigh on steel demand
China's iron ore futures edged lower on Thursday as rising coking coal and coke costs put further pressure on steel mills, while expectations of...
JSW Steel orders two pelletizing plants for Paradeep facility
Indian steelmaker JSW Steel has placed an order for two pelletizing plants with a combined capacity of 16 mln tons per year at its...
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