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Monday, August 24, 2026

Steel Mills

Middle East steel production decline persists in July

Middle East crude steel production declined 13.4pct YoY to 3.8 mln tons in July 2026, according to World Steel Association data. During the January-July...

Watani Steel renews working capital facility with Alinma Bank

Saudi Arabia's Watani Iron Steel Co. (Watani Steel) has renewed a Sharia-compliant SAR 25 mln (USD 6.7 mln) banking facility with Alinma Bank to...

Baosteel H1 profit under pressure from weak steel demand, higher costs

China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln)...

NS-SUS commissions new coil-handling cranes at Rayong plant

NS-Siam United Steel (NS-SUS) has completed commissioning and final acceptance of two new 25-ton Danieli coil-handling cranes at its Plant 3 in Rayong, Thailand,...

JFE Steel joins project to develop large-scale CCS hub at Mizushima

JFE Steel and five other companies have signed an agreement with the Japan Organization for Metals and Energy Security (JOGMEC) to conduct design work...

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