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Green Steel, Steel & Metal
- United Arab Emirates -

UAE's ESA joins top five steelmakers spearheading decarbonization

The World Economic Forum (WEF) has recognized the decarbonization efforts of Emirates Steel Arkan (ESA), the UAE's largest steel manufacturer, by including it among the top five global steelmakers pioneering decarbonization in steel production. 
ESA has joined Brazilian integrated long steel producer Aço Verde do Brasil, fellow Brazilian steelmaker Gerdau, Spanish green steel producer Hydnum Steel, and Australia-based Green Steel of Western Australia (GSWA) in this prestigious list.
 In 2016, ESA had joined forces with UAE-based carbon capture company Al Reyadah and Abu Dhabi National Oil Company (ADNOC) to capture carbon from its direct reduced iron (DRI) plant. Also, in 2023, the company announced its collaboration with Abu Dhabi Future Energy Company PJSC (Masdar) to develop the MENA region's first green hydrogen project.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices