Riyadh Steel’s net profit up sharply in H1 on higher prices
Saudi Arabian steel producer Riyadh Steel Co. reported a 145.8pct YoY increase in net profit to SAR 6.03 mln (USD 1.61 mln) in the...
EMSTEEL supplies steel, cement for Etihad Rail passenger project
UAE's EMSTEEL Group, one of the region's largest publicly traded steel and building materials manufacturers, has supplied locally manufactured rebar and more than 80,000...
SNS, Baowu explore low-carbon DRI and green steel project
Algeria's National Iron and Steel Company (SNS) and China's Baowu Group are exploring a strategic partnership to establish an integrated complex for the production...
Iron ore futures lack direction amid mixed market signals
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support.
Iron ore fundamentals...
AMNS, Coal India plan syngas utilization at Paradip pellet plant
ArcelorMittal Nippon Steel India (AMNS) and state-owned Coal India Ltd (CIL) have signed a non-binding memorandum of understanding (MoU) to explore the use of...
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