Sunday, November 16, 2025
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Steel Mills

Al Yamamah Steel backs subsidiary’s billet plant plan with new investment

Al Yamamah Steel Industries Company will take part in the planned capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to...

Mughal Steel accelerates long steel expansion

Mughal Iron & Steel Industries Ltd (Mughal Steel) is accelerating expansion in its core ferrous operations while keeping its copper segment on hold amid...

Iron ore futures inch higher, but weak demand caps gains

Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted...

Finished steel exports rise sharply as imports decline in Oct 2025

India turned a net exporter of finished steel in October, with outbound shipments reaching 0.64 mln tons, up 44.8pct from a year earlier, according...

CSC leaves December prices flat on weak demand recovery

Taiwan's China Steel Corp (CSC) will keep its domestic list prices unchanged for December, the company said, citing a mixed outlook for global and...

Tenaris acquires scrap recycling firm to streamline Koppel steelmaking operations

Tenaris said its subsidiary, Steel Recycling Services, has acquired the Beaver Falls scrap processing yard from SA Recycling. The 39-acre facility sits next to...

El Marakby orders new reheating furnace from Danieli

El Marakby for Metallic Industries (MKM), a subsidiary company of El Marakby Steel, has awarded Danieli Centro Combustion India a contract to supply a...

Egyptian Steel to upgrade plants and boost output as part of new expansion drive

Egyptian Steel plans to launch a new investment program worth nearly EGP 2 bln (USD 42 mln) within the next 18 months, beginning early...

Aisha Steel sees demand rebound as policy shifts expected to support local producers

Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and...

Ministry imposes anti-dumping duty on Vietnamese hot-rolled steel imports

India has imposed an anti-dumping duty on imports of hot-rolled flat products of alloy and non-alloy steel from Vietnam, according to a notification issued...

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