Al Jazeera Steel strengthens US presence with new subsidiaries
Oman's Al Jazeera Steel Products Company SAOG has completed the incorporation and legal establishment of two wholly owned subsidiaries in the United States, strengthening...
Mughal Steel commissions main turbine at captive hybrid power plant
Mughal Energy Limited, a wholly owned subsidiary of Mughal Iron & Steel Industries Limited, has successfully commissioned the main 31.5 MW turbine of its...
Iron ore futures consolidate as cooler sentiment offsets cost support
China's iron ore futures remained broadly stable on Tuesday as firmer raw material costs and expectations of seasonal demand were offset by cooler market...
Hadeed raises wire rod prices, keeps rebar unchanged for September
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by...
Scrap import prices remain range-bound amid mixed fundamentals
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD...
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