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Friday, July 24, 2026

Steel Mills

Middle East steel production continues to decline in June

Crude steel production in the Middle East declined by 13.4pct YoY to 4.0 mln tons in June 2026, according to data from the World...

SSP, APC secure Aramco pipe supply contracts

Saudi Aramco has awarded steel pipe supply contracts worth a combined SAR 160.7 mln (USD 42.8 mln) to domestic manufacturers Saudi Steel Pipe Co....

East Pipes posts strong Q1 profit growth on higher pipe sales

Saudi Arabia's East Pipes Integrated Company for Industry (East Pipes) reported strong financial results for the first quarter of fiscal year 2026/27 ended June...

Kardemir Celik launches USD 95 mln IPO to strengthen working capital

Turkish long steel producer Kardemir Celik Sanayi AÅž has launched an initial public offering (IPO) valued at TRY 4.48 bln (USD 94.9 mln), with...

SAIL approves Bhilai steel plant expansion project

State-owned Steel Authority of India Ltd (SAIL) has approved, in principle, the expansion of its flagship Bhilai Steel Plant in Chhattisgarh, increasing crude steel...

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