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Thursday, September 3, 2026

Steel Fabricators & Users

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...

Govt explores investment opportunities with Gonvarri Steel

Spanish steel processing company Gonvarri Steel Industries is exploring investment opportunities in Egypt, with potential projects spanning the automotive, renewable energy and steel structures...

Bena Steel’s net profit surges in H1 2026

Saudi Arabia's Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by...

SSAB supplies steel for expanded AQS electric vessel programme

Swedish steelmaker SSAB, through its distributor Tibnor, will supply steel for four additional electric service vessels ordered by Norwegian shipping company AQS Rederi from...

ICON’s H1 earnings decline despite higher revenues

Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 12.91pct YoY decline in consolidated net profit attributable to the parent company in...

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