Middle East steel industry news.

Steelonthenet.com logo

Middle East News

SSAB highlights fossil-free steel at Expo 2020 Dubai
Fri, 01 Oct 2021 00:00:00 GMT
SSAB will display its plan for fossil-free steelmaking at Expo 2020 in Dubai, as well as highlight the importance of fossil-free value chains as a solution to the climate crisis. A green transition is necessary to tackle climate change, it is also the best business plan, strengthens competitiveness and builds

Steel products output drops 10%
Fri, 01 Oct 2021 00:00:00 GMT
TEHRAN- Production of steel products in Iran fell 10.6 percent in the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, the data released by Industry, Mining and Trade Ministry

IMIDRO conducting mining development projects worth over $10b
Wed, 22 Sep 2021 13:04:02 GMT
TEHRAN Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) are currently conducting mining development projects worth over $10 billion across the country, an official with the organization

Iron ore concentrate output up 4% in 5 months on year
Mon, 20 Sep 2021 00:00:00 GMT
Production of iron ore concentrate in Iran has risen four percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year. According to the data provided by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), ten large iron ore concentrate producers of the country have produced 21.195 million tons of the product in the five-month period of this year, while the figure was

Steel products export rises 88% in 5 months on year
Wed, 15 Sep 2021 13:04:02 GMT
TEHRAN- Irans export of steel products increased 88 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past

Chinas Baosteel plans steel plate factory in Saudi Arabia
Sat, 11 Sep 2021 00:00:00 GMT
Baoshan Iron & Steel Company (Baosteel), Chinas biggest listed steelmaker, said it has signed an initial agreement with the state oil giant Saudi Aramco to study building an integrated steel plate manufacturing facility in Saudi Arabia. This comes as part of the Saudi groups industrial investment programme, Aramco Namaat, which aims to drive the countrys economic growth and diversification. Aramco had recently signed 22 new MoUs and one JV agreement focused on capacity building in

Ukraine: EMSS prepares another batch for Akkuya
Fri, 03 Sep 2021 09:48:23 GMT
Under a long-term contract, Energomashspetsstal has produced another set of billets for the Akkuya NPP units Nos. 3 and 4 under construction in Turkey. The quality of the billets has already been inspected and the customer has accepted them. This time 16 billets with the combined weight of 152 tons have been produced. (Ukrainian

Tosyali continues investments to reach 8.5 million mt/year target ...
Fri, 20 Aug 2021 00:00:00 GMT
Tosyali Algerie, which produced more than 2.23 million mt of direct reduced iron (DRI) in 2020, a world record for a single direct reduction module, has continued investments to reach its 8.5 million mt/year capacity target in Algeria, according to Fuat Tosyali, CEO of Turkeys Tosyali Holding. Algeria was a net importer of rebar

Ukraine: AMKR output up in H1 2021
Fri, 13 Aug 2021 09:50:47 GMT
In January-June, ArcelorMittal Kriviy Rih increased output by 7% YoY. The beginning of the year was complicated because of the growth of prices for cargo transportation and raw materials. Because of the increase in import duties, AMKR has reoriented its sales from Egypt, UAE and Saudi Arabia to Latin America and China. This year,

MMK Metalurji's hot plant in Iskenderun officially resumed operation ...
Mon, 09 Aug 2021 00:00:00 GMT
During a scheduled trip to Iskenderun (Turkey), Pavel Shilyaev, CEO of Magnitogorsk Iron and Steel Works (MMK), took part in the launch of an electric steelmaking shop with a foundry and rolling module at MMK Metalurji (MMKs Turkish asset). At the same time, MMK Metalurji set a record monthly production volume of hot-dip galvanized rolled products, exceeding 86 thousand

Investors call for urgent action by steelmakers on carbon emissions
Thu, 05 Aug 2021 00:00:00 GMT
Steelmakers need to take urgent action on producing less carbon in order to meet the Paris Agreement on climate change, investors managing $55 trillion in assets said on Wednesday. Emissions from steel production account for 9% of the global total and must fall 29% by 2030 and 91% by 2050 to meet the net zero scenario laid out by the International Energy Agency in May, the Institutional Investors Group on Climate Change said. The IIGCC, as part of the Climate Action 100+ initiative, said in

Iranian company constructs sponge iron production plant for China
Mon, 26 Jul 2021 13:04:02 GMT
TEHRAN Irans Mines and Metals Company (MME) has established Chinas first gas-based sponge iron production unit using the Persian Direct Reduction (PERED) technology, the portal of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)

Number of Middle East industry news reports: 12
Subscribers get access to latest set of business news releases (up to 20 reports).
Click here to subscribe.

Copyright © 2001 - 2021 Steelonthenet.com. All rights reserved.
Middle East iron and steel industry news.