steel Tosyali

Turkish steel giant Tosyali could partner with Saudi firms for $5bn expansion 

Tosyali is pursuing investment opportunities in Europe and the Americas as it aims to become one of the world’s top 30 iron and steel producers

UAE’s Emirates Steel Arkan posts $76.4m in H1 profit

UAE’s Emirates Steel Arkan posts $76.4m in H1 profit

The robust profitability in the first half of the year was driven by continued high demand for the company’s steel products and stable margins

emirates steel arkan DNV to boost decarbonisation through five-year collaboration Image credit emirates steel arkan

Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration

AD Ports Group

AD Ports Group signs MoU with Türkiye’s Tosyalı

The agreement will enable collaboration across shipping, logistics, freight forwarding and port management

UAE’s Emirates Steel’s exports reach 56 markets in 2020-21

Emirates Steel’s exports represented 45 per cent of its total sales volumes last year, with the balance sold within the UAE

Arkan and Emirates Steel merge to create UAE’s largest steel and building materials company

Under key terms of the offer, Arkan issued to Senaat a convertible instrument, which converted into 5.1 billion ordinary Arkan shares

Global Steel Demand Growth To Slow Next Year

Demand is reducing because of decreasing consumption in China and uncertainties in Europe, said the World Steel Association.