Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
ArcelorMittal is significantly expanding its footprint in the UAE with the inauguration of its third steel plant at the Hamriyah Free Zone. This strategic move is aimed at strengthening the company’s position in the Middle East’s growing steel market. The new plant is designed to enhance production capabilities and support local and regional demand for high-quality steel products. It will help ArcelorMittal to provide timely and cost-effective steel solutions for key industries in the UAE, including construction, automotive, and infrastructure. The expansion is expected to improve the company’s competitiveness in the region while ensuring a more sustainable supply chain. By boosting its presence in the UAE, ArcelorMittal seeks to capitalize on the country’s strategic location and burgeoning demand for steel products. The plant will also play a vital role in supporting the UAE's vision for industrial growth and economic diversification. This addition complements ArcelorMittal’s existing plants in the region, solidifying the company’s role as a key player in the steel sector.
Also Read : JFE Invests ₹7,875 Crore in JSW Kalinga, Picks Up 25% Stake UK Tariff Move May Revive Tata Steel UK by FY27
The Supreme Court of India has quashed a money-laundering case filed against JSW Steel Ltd in connec...
India 07-Oct-2025
ArcelorMittal, one of the world’s largest steel producers, expects a 2% year-on-year inc...
Business 06-Feb-2026
India’s manufacturing sector improved substantially at the begin of 2024 with factory activity...
Notification 01-Feb-2024
ICRA predicts domestic steel consumption growth will slow to 7-8% in FY25, following three consecuti...
Ferrous 07-Mar-2024
The Prime Minister, Shri Narendra Modi inaugurated, dedicated to the nation and laid the foundation...
Press Releases 16-Feb-2024
Pralhad Joshi, Union Minister for Coal and Mines, stated that the country's coal production will exc...
Renewables 24-Jan-2024