Eti Bakir orders DRI and smelting technologies from Metso
Eti Bakir, a Turkish metals and fertilizer producer, has awarded Metso an approximately EUR 55 mln (USD 64 mln) order for core process technology...
Safeen Drydocks expands Abu Dhabi ship repair capacity with new floating dock
Safeen Drydocks, the shipbuilding and repair subsidiary of Noatum Maritime, has added a 230-metre floating dock at Zayed Port in Abu Dhabi, expanding its...
Govt begins overhaul of Gadani shipbreaking yard
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at...
Hanwa completes acquisition of Associated Steel Group
Japan's Hanwa Co. has completed the acquisition of US-based Associated Steel Group, LLC (ASG), making the company a consolidated subsidiary.
Hanwa acquired a 50.1pct stake...
Molan Steel losses widen in H1 on lower revenue
Saudi Arabia's Molan Steel Co. reported a 72pct YoY decline in revenue to SAR 9.3 mln (USD 2.47 mln) in the first half of...