Thursday, March 6, 2025
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    El-Marakby Steel targets 10pct export growth in 2025

    Egypt's El-Marakby Steel aims to increase its rebar exports by at least 10pct in 2025, targeting 140,000 tons compared to 120,000 tons worth USD...

    British Steel supplies rails for Green Line railway project

    Egypt has taken a significant step toward modernizing its rail infrastructure with the recent dispatch of British Steel-manufactured rails for the country's first fully...

    Iron ore futures extend losing streak amid trade tensions and potential steel output cuts

    Iron ore futures remained under pressure on Wednesday, marking their eighth consecutive session of decline as escalating trade tensions between the U.S. and China,...

    Donghua Iron & Steel breaks ground on advanced EAF project

    Donghua Iron & Steel has commenced construction on its electric-arc furnace (EAF) project in Tangshan, Hebei province, featuring the installation of two new Danieli...

    Agha Steel reports heavy losses in H1 FY25, management pursues recovery strategies

    Agha Steel Industries Limited reported a net loss of PKR 3.84 bln (USD 13.7 mln) for H1 FY25, a sharp increase from the PKR...

    Iron ore futures decline amid trade tensions and steel production cuts

    Iron ore futures remained under pressure on Tuesday, marking their seventh consecutive session of decline. The drop was driven by ongoing U.S.-China trade tensions...

    Finished steel imports surge while exports plunge to a 7-year low in 10M FY25

    India's finished steel imports from China, South Korea, and Japan reached a record high in the first 10 months of the financial year, according...

    Salzgitter subsidiary supplies steel for major infrastructure project

    Salzgitter AG's subsidiary, Ilsenburger Grobblech GmbH, is contributing high-quality steel to the Rader High Bridge replacement project, a crucial infrastructure upgrade in northern Germany. Spanning...

    Ezz Steel keeps rebar prices unchanged

    Ezz Steel, one of Egypt's leading steel producers, has kept its rebar prices unchanged for the sixth consecutive month. The company's rebar price remains at...

    Borusan Pipe reports net loss in 2024 amid market challenges

    Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit...

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