Steel import sourcing shifted towards regional suppliers during the second quarter of 2026, as geopolitical tensions and disruptions to maritime logistics altered supply patterns across the Gulf…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was…
Bahrain’s Arab Shipbuilding and Repair Yard (ASRY) and India’s Priya Blue Group have officially launched a joint venture for ship recycling operations following the arrival of the first vessel for…
Bahrain’s ASRY (Arab Shipbuilding & Repair Yard) has signed a partnership agreement with Italy’s Fincantieri to explore new collaboration opportunities in the shipbuilding sector. Under the MoU, ASRY…
Foulath Holding, the parent company of Bahrain Steel and Sulb, has partnered with Yellow Door Energy to develop a 123-megawatt-peak (MWp) solar power project in Bahrain, among the world’s largest…
Aluminium Bahrain (Alba), the world’s largest single-site aluminium smelter, has signed a strategic partnership with China’s Shandong Innovation Group (SIG) and investment firm BlueFive Capital to…
Bahrain’s Universal Rolling (Unirol) has urged authorities to shield local steelmakers from dumping, warning that the country’s open trade policy risks turning it into a market for surplus foreign…
Sulb has achieved a significant milestone in sustainable steelmaking with the successful deployment of SMS group’s Condoor technology at its Bahrain plant. The project marks the world’s first fully…
Bahrain-based Areen Development has awarded the construction contract for its flagship Tilal residential project, part of the Al Areen Masterplan, to Ahmed Omar Contracting Company, the developer…
Japanese steelmaker Yamato Kogyo Co., Ltd. has agreed to sell its 49pct stake in Bahraini steel producer Sulb to joint venture partner Foulath, a Bahrain-based industrial holding company with…
Bahrain Steel, a global leader in high-quality iron ore pellet production, has partnered with Nanoprecise Sci Corp, a pioneer in Energy-Centered Predictive Maintenance (ECM), to enhance asset…
Bahrain’s government has allocated USD 2.1 bln for housing projects and services, the largest budget ever dedicated to the sector, according to BNA. The announcement was made during a joint meeting…
Bahrain’s Arab Shipbuilding and Repair Yard (ASRY), the Arabian Gulf’s leading maritime repair and fabrication facility, has signed a memorandum of understanding (MoU) with Abu Dhabi Ship Building…
Bahrain’s Ministry of Housing and Urban Planning has announced that work will start this month on 372 new residential units being developed as part of Phase I of Khalifa City project. The ministry…
Bahrain Tourism & Exhibition Authority (BTEA) is seeking qualified developers for setting up a major tourist attraction in Manama Harbour with a host of food and beverage (F&B), leisure and…
Bahrain’s Ministry of Housing and Urban Planning has announced that construction work has begun on 1,269 residential units as part of the third phase of the Sitra Housing Project. Spanning a 670,000…
Bahraini authorities have announced that work has begun on the Isa Town Gate Interchange Project, located north of the Isa Town Gate Junction. The Tender Board had awarded the project to a consortium…
Leading Bahraini developer Naseej has appointed Bokhowa Contracting & Trading Group as the main contractor for the construction of its Nasayim Arad Smart project located within the Governorate of…
Four major contractors have submitted bid for the Busaiteen Link Package 4, with Haji Hassan Group, a major provider of construction and engineering services in the kingdom, having emerged as the…
Petrofac, a major service provider for the global energy industry, has secured a multi-mln-dollar, two-year contract with Bapco Upstream W.L.L. to enhance production in Bahrain. Under this contract…
China’s iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel demand and high iron ore inventories at…
Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now focused on completing the factory structure and installing…
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive…
Mesabi Metallics has started up its new iron ore mine and pellet plant in Nashwauk, Minnesota, marking the first new iron ore mine and pellet plant to start up in the US in 50 years. The company…
Italian special steelmaker ABS Acciaierie Bertoli Safau, part of the Danieli Group, has opened a new service center in Varnamo, Sweden, strengthening its presence in the Nordic market. The facility…
China’s iron ore futures edged higher on Wednesday as concerns over Brazilian supply provided support, although weakening steel mill profitability and expectations of lower steel output limited the…
Tata Steel has issued the Final Acceptance Certificate for a coke-oven gas purification and hydrogen production system supplied by Canada’s PyroGenesis through its subsidiary Pyro Green-Gas at the…
Vow ASA’s wholly owned subsidiary Scanship AS has entered into an exclusive collaboration agreement with Danieli Corus B.V. to develop and market solutions for using biocarbon in integrated steel…
Italian industrial technology company Polytec has acquired a 51pct stake in Green Project Marking & Reading Systems, strengthening its offering of automation, identification and traceability…
China’s iron ore futures declined on Tuesday as ample supply and rising port inventories weighed on sentiment, although pre-holiday restocking by steel mills and high freight costs continued to…
India’s largest iron ore producer NMDC is targeting production of 60 mln tons this fiscal year to meet growing demand from domestic steelmakers, Chairman Amitava Mukherjee said. NMDC produced 53.15…
Voestalpine has received the core equipment for a new electric arc furnace (EAF) at its Linz steelworks, with the facility scheduled to start operation in the first half of 2027. The equipment…
Huttenwerke Krupp Mannesmann (HKM) has permanently decommissioned Blast Furnace A at its Duisburg site after more than 53 years of operation, as part of Salzgitter AG’s transition toward lower-carbon…
B5Plus Group has selected Danieli to supply equipment for a new rebar and wire rod mill in Abidjan, Cote d’Ivoire (Ivory Coast), with production capacity of 50 tons per hour, or around 300,000 tons…
Severstal has completed development and started production of Forcera weather-resistant steel in thin-sheet form, targeting long-life protective structures for road and civil infrastructure. The…
China’s iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited upward momentum. Analysts…
China Baowu and BHP have renewed their steel decarbonization partnership through a new five-year Memorandum of Understanding (MoU), extending collaboration that began in 2020. The partners will…
Indonesia’s Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation into imports of galvanized steel (BJLS) from China, following an application submitted by PT Tata Metal Lestari…
Vallourec has been selected by EnEarth, a subsidiary of Energean, to supply approximately 3,000 tons of casing pipes and accessories for the first phase of the Prinos CO2 carbon storage project in…
The European Commission has imposed a provisional safeguard measure on imports of certain grain-oriented electrical steel (GOES), citing a sharp increase in imports and serious injury to EU…
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