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Keywords: Steel


Biden Faces Crucial Decision on US-Japan Steel Deal

The proposed $15 billion acquisition of US Steel by Japan’s Nippon Steel has reached a critical juncture, leaving the final decision in the hands of United States President Joe Biden. This development comes after the Committee on Foreign Investment in the United States (CFIUS) failed to reach a......

Sonasid Reports 5% Sales Growth Driven by Strategic Investments and Regional Expansion

Sonasid, Morocco’s leading steel producer, has announced a 5% rise in sales, reaching MAD 3.704 billion by the end of September 2024. This growth is attributed to a 12% increase in sales volumes over the first nine months of the year, reflecting the company's effective strategies and investments. A......

Tragedy Strikes Central Mexico: Steel Plant Explosion Claims Twelve Lives

A devastating explosion at a steel plant located in the city of Apizaco, Tlaxcala,has resulted in the deaths of twelve individuals, with one additional person injured, according to local authorities. The incident occurred on Wednesday and has raised significant concerns regarding safety protocols within......

Riva Industries Unveils $290 Million Steel Complex in Morocco

New Facility Aimed at Boosting Domestic and International Steel Production Riva Industries, a prominent Moroccan steel manufacturer, has inaugurated an advanced industrial complex in Jorf Lasfar with an investment of approximately 2.9 billion dirhams ($290 million). This cutting-edge facility is set......

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