Wednesday, July 9, 2025
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    Jindal Steel Duqm aims to launch green steel complex by 2028

    Jindal Steel Duqm, also known as Vulcan Green Steel and part of India's Jindal Steel Group, is targeting 2028 to begin operations at its...

    AGSI secures green financing to advance low-carbon steel goals

    UAE-based Arabian Gulf Steel Industries (AGSI) has secured an AED 126 mln (USD 34.3 mln) sustainable financing facility from Mashreq Bank, bolstering its transition...

    Oman Chromite boosts stake in Gulf Alloys and Metals

    Oman Chromite has increased its equity stake in Gulf Alloys and Metals (FZC) LLC from 20pct to 30pct, strengthening its position in the value-added...

    Iron ore futures hold ground amid mixed steel sector signals

    Iron ore futures edged slightly higher on Tuesday, supported by firm short-term fundamentals, though gains were limited by a weakening demand outlook. Chinese steel...

    Ministry moves to standardize rebar testing amid growing demand

    Myanmar's Ministry of Industry plans to establish a certified laboratory for conformity testing of both imported and locally produced rebar, as part of broader...

    HRC exports surge in Jan-May 2025

    Turkey exported approximately 1.3 mln tons of HRC between January and May 2025, a 52pct increase YoY, according to data from the Turkish Statistical...

    Ashry Steel plans to build country’s first high-speed train wheel factory

    Ashry Steel Group plans to establish Egypt's first factory for manufacturing high-speed train wheels in Sadat City, aligning with the government's push to localize...

    Tubacex’s Abu Dhabi plant secures API certification for CRA tubulars

    Tubacex has announced that its Abu Dhabi facility has earned the prestigious API 5CRA Monogram License (#5CRA-0044) from the American Petroleum Institute, marking a...

    Iron ore futures dip on demand concerns

    Iron ore futures declined on Monday as weakening demand fundamentals weighed on market sentiment. Data from the China Iron and Steel Association (CISA) showed that...

    Ministry imposes final AD tariffs on Chinese HRC imports

    Vietnam's Ministry of Industry and Trade has officially imposed definitive anti-dumping duties ranging from 23.01pct to 27.83pct on HRC imports from China, exceeding the...
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