Welspun Corp and Perma-Pipe International Holdings have signed a memorandum of understanding (MoU) with the developers of Jordan’s National Water Carrier Project and the Jordanian government to…
Jordan’s Ministry of Water and Irrigation has announced plans to establish a USD 125 mln steel pipe manufacturing facility through a US-Indian joint venture, aimed at supporting the National Water…
Jordan-based Arabian Steel Pipes Manufacturing Company reported higher net profit for the three months ended 31 March 2026, despite a decline in revenue, according to its unaudited financial…
Arabian Steel Pipes Manufacturing Company reported improved financial performance for the year ended 31 December 2025, with both revenue and net profit rising YoY, according to its audited financial…
Aqaba Special Economic Zone Authority (ASEZA) Chairman Shadi Majali met with a South Korean investment delegation to discuss plans for establishing a steel pipe production facility in the zone…
The Jordan Chamber of Industry (JCI) reported that the industrial sector maintained strong momentum in Q2 2025, posting 4.8pct real growth compared with the same period last year. The sector…
Jordan’s Arabian Steel Pipes Manufacturing reported a 9.9pct YoY increase in net profit for the first quarter of 2025, according to its latest financial statement. The company recorded a net profit…
Jordan’s Arabian Steel Pipes Manufacturing reported a 22.6pct YoY increase in profit for 2024, according to its annual financial statement. The company recorded a profit of JOD 1.53 mln (USD 2.16…
Abu Dhabi Ports Group has partnered with MAG Group Holding to develop the first phase of Marsa Zayed, a beachfront resort and residential community on the Red Sea in Aqaba, Jordan. Marsa Zayed is a…
Etihad Rail, the developer and operator of the UAE National Railway Network, signed two Memoranda of Understanding valued at USD 2.3 bln with Jordan’s transport ministry and local companies to build…
South Korean LNG infrastructure company GAS Entec announced that its consortium with group company AG&P and local firm Issa Haddadin has been awarded an engineering, procurement, construction…
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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