Thursday, January 30, 2025
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    Steel Mills

    Hadeed updates long steel prices for February deliveries

    Saudi Iron and Steel Company (Hadeed) has released its long steel prices for February deliveries. The price of rebar (12-32 mm) remains unchanged at SAR...

    US firm appointed to sell unused steel plant in Dammam

    US-based Gordon Brothers has been named the exclusive selling agent for a never-utilized flat and long steel production plant in Dammam, Saudi Arabia. The...

    JSIS promotes steel slag as sustainable alternative for road construction

    Jindal Shadeed Iron and Steel (JSIS) hosted an exclusive event at its Liwa facility in North Al Batinah to promote steel slag as a...

    SAIL unveils major expansion plans for Bokaro Steel plant

    India's Union Minister H.D. Kumaraswamy unveiled an INR 20,000-crore (USD 2.3 bln) expansion plan for SAIL's Bokaro Steel Plant (BSL), aiming to boost its...

    Thyssenkrupp modernizes Bochum facility to boost production of electrical steel

    Thyssenkrupp Steel has made significant progress in its ongoing investments, with the new annealing and isolating line now in operation and the modernization of...

    Scrap imports up from 2023 lows but lag behind pre-crisis levels

    In 2024, Pakistan experienced a modest recovery in annual scrap imports, though volumes remained relatively low, according to data from the Pakistan Bureau of...

    AGSI and SEE Holding partner to promote sustainable construction

    SEE Holding, the parent company of The Sustainable City brand, has signed a Memorandum of Understanding (MoU) with Arabian Gulf Steel Industries (AGSI) to...

    Tata Steel Q3 FY25 earnings hit by weak steel prices

    Tata Steel posted a 43.41pct YoY decline in consolidated net profit after tax, falling to INR 295 crore (USD 34.1 mln) in Q3 FY25,...

    Ansteel and SMS Group partner to advance green steel technologies

    China's Ansteel Group has signed a Memorandum of Understanding (MoU) with German equipment supplier SMS Group, reaffirming their commitment to advancing "dual-carbon" initiatives focused...

    Middle East crude steel output rises marginally in 2024

    Crude steel production in the Middle East rose slightly by 0.5pct YoY to 54.1 mln tons, but December output dropped by 4.5pct YoY to...

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