US-Iran MoU boosts sentiment, but GCC steel sector faces slow path to normalization
The signing of a memorandum of understanding (MoU) between the United States and Iran has improved sentiment across the Gulf steel market, raising hopes...
CIM Steel begins production at Umm Al Quwain cold rolling complex
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at...
Meranti appoints Bedeschi for material handling systems at Duqm HBI project
Meranti Green Steel has selected Italy-based Bedeschi to supply material handling systems for its planned direct reduced iron (DRI) and hot briquetted iron (HBI)...
POSCO commissions country’s largest electric arc furnace
POSCO has commissioned South Korea's largest electric arc furnace (EAF) at its Gwangyang Steelworks, strengthening the company's low-carbon steelmaking capacity and supporting its long-term...
EU steelmakers call for ETS reform to protect industry’s competitiveness
ArcelorMittal Europe, Thyssenkrupp Steel and Voestalpine have jointly called for urgent reforms to the European Union's Emissions Trading System (ETS), warning that the current...
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