Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Showing Kuwait — 27 articles. Show all
Kuwait’s Heavy Engineering Industries & Shipbuilding Co. (HEISCO) has received a formal contract award letter from Kuwait Oil Company (KOC) for the construction of flowlines and associated works in…
Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) has announced that it has been awarded a contract valued at KD 174.24 mln (USD 568 mln) by Kuwait Oil Company (KOC)…
Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) has strengthened its financial position by renewing and securing multiple credit facilities with local banks, according to…
Heavy Engineering Industries and Shipbuilding Company (HEISCO) has secured a contract to construct feeder lines for the Al-Khairan power plant and to develop fuel-receiving infrastructure at the…
Kuwait’s Combined Group Contracting Company has secured a USD 13.3 mln contract from Kuwait Oil Company (KOC) for crude oil flowline services. The agreement covers maintenance, repair, and…
Kuwait’s Heavy Engineering Industries & Shipbuilding (Heisco) has acquired the remaining 25pct stake in Gulf Sky Factory, a pressure vessel manufacturer in Jubail, Saudi Arabia, for about USD 4.5…
Kuwait-based Metal Recycling Company (MRC) is on track to open its new steel scrap recycling plant later this year. This development was announced in a stock exchange filing by MRC’s parent company…
Vallourec, a global leader in premium seamless tubular solutions, has secured a significant contract to supply Oil Country Tubular Goods (OCTG) for Kuwait Oil Company’s (KOC) drilling operations. The…
Kuwait’s Combined Group Contracting Company (CGCC) has announced it has been awarded a contract to construct a pipeline for gas exports from Wafra Joint Operations, according to a filing with the…
China Gezhouba Group Company Limited (CGGC) has signed two contracts worth a combined USD 557 mln with Kuwait’s Public Authority for Housing Welfare (PAHW). The contracts cover road networks…
A Kuwaiti company announced it has signed a contract for construction work at South Saad Al-Abdullah City in the outskirts of the capital Kuwait City. Kuwait Company for Process Plant Construction…
The Public Authority for Housing Welfare (PAHW) has launched a major affordable housing project in Kuwait, which will include 9,800 homes. The project, which is located south of Salmi Road about 16…
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a major contract from Kuwait Oil Company for the upgradation of gas and condensate network at East…
Combined Group Contracting Company (CGCC) has been awarded a contract for pipeline servicing in the oil-rich Neutral Zone that is shared by Saudi Arabia and Kuwait. In a Kuwait bourse statement, CGCC…
Kuwait’s Public Authority for Housing Welfare (PAHW) has awarded contracts for the construction of a total of 3,345 residential units as part of its Jahra City affordable housing project. In…
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (HEISCO) reported it had made the lowest bid for tube replacement at Mina Al-Ahmadi oil refinery in North Kuwait. The firm said in a…
Combined Group Contracting Company, a leading provider of construction services in the GCC region, has announced that it has won a tender worth USD 12.6 mln from Kuwait Oil Company (KOC) for the…
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon) said it has been awarded a contract for the construction of cooling towers with a value of around USD 4.5 mln. The contract was…
The value of projects awarded by the Kuwaiti government to companies listed on the bourse plunged by nearly 38 pct in the first nine months of 2024, official figures have shown. From around USD 4.29…
Combined Group Contracting Company has won a road development project in Kuwait with a value of around USD 69 mln. In a Kuwait bourse statement, the company said it had submitted the lowest bid for…
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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