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Steel & Metal
- United Arab Emirates -

Hamriyah Free Zone Hosts Over 450 Steel Companies, Strengthening Regional Industry

The Hamriyah Free Zone in Sharjah is home to more than 450 companies in the steel sector, occupying an area of 50 million square feet, according to His Excellency Saud Salim Al Mazrouei, Director of the Hamriyah Free Zone Authority. This sector accounts for approximately 16% of the total 300 million square feet of the free zone, positioning it as a key hub for the iron industry in the Middle East and Africa. The Authority recently participated in the "Italian Critical Equipment Days" in Milan to promote investment opportunities and strategic access to regional markets. The free zone continues to enhance its infrastructure and attract global investors, supporting economic diversification in Sharjah.

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