Wednesday, May 21, 2025
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    EMSTEEL to supply MENA region’s first hydrogen-based rebar for Aldar project

    EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has signed a memorandum of understanding with Aldar to supply hydrogen-based...

    Dost Steels finalizes loan rescheduling agreement amid revival efforts

    Pakistani rebar producer Dost Steels Limited has finalized a loan restructuring agreement with a consortium of banks to reschedule outstanding debt of PKR 2.08...

    Iron ore futures tick up on firm near-term demand

    Iron ore futures saw a modest uptick on Tuesday, supported by firm near-term demand, though broader market gains were limited by long-term economic concerns. Despite...

    Megasa’s SN Maia enhances furnace efficiency with new oxygen enrichment system

    Fives has completed its first PREMIX oxygen enrichment project on a billet reheating furnace at SN Maia Siderurgia Nacional in Maia, Portugal, the Megasa...

    Outokumpu targets specialty 3D printing with new stainless steel powder grade

    Outokumpu, a leader in sustainable stainless steel, expanded into the metal powder market for additive manufacturing in 2023. As of May 2025, the company...

    Al Watania to commission tinplate plant in Ras Al-Khair

    Saudi Arabia's Al Watania for Industries and China's Donghexin Group have signed a joint venture agreement to establish the region's first tinplate manufacturing facility...

    Iron ore imports drop 17pct in Q1 2025 YoY

    Turkey imported approximately 2 mln tons of iron ore in the first quarter of 2025, marking a 17pct decline compared to the same period...

    Iron ore futures fall as weak economic data dampens market sentiment

    Iron ore futures declined on Monday, pressured by weak economic indicators from China that raised concerns over demand. China's economy showed signs of losing...

    Jindal (India) launches new steel pipes & tubes line at Ranihati plant

    Jindal (India) Limited, a key player in India's downstream steel sector and part of the B.C. Jindal Group, has entered the steel section pipes...

    Tokyo Steel holds prices Steady for June amid market uncertainty

    Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced it will keep its product prices unchanged for June, reflecting ongoing global and...

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