• UN warns record e-waste in 2022 a catastrophe for environment

    On average, every person on earth generates roughly 7.8 kilograms (17 pounds 3 ounces) of e-waste each year, said the report from the UN Institute for Training and Research (UNITAR) and the International Telecommunication Union (ITU), another UN agency.
  • Tata Steel to slash 2,800 UK jobs

    Tata Steel employs about 8,000 staff in the United Kingdom.
  • Two-thousand years old tombs discovered in Gaza

    Gaza City, Palestinian Territories - Four Roman tombs dating back 2,000 years have been discovered in the Gaza Strip, a Palestinian archaeologist said on Saturday, bemoaning a lack of resources that has delayed excavations in the besieged territory. "With the discovery of these four tombs, the total number of tombs in this...
  • Ducab 2022 revenues up 19%

    The company said the metal business alone grew by over 23 percent.
  • ArcelorMittal 2022 profit $9.3bn

    Profit was affected as demand for steel fell and production hit.
  • Gold jumps out of the gate to kick off 2023

    Traders' conviction at the beginning of a new trading year always tends to be low for fear of catching the wrong move. At the same time, however, the fear of missing out (FOMA) can also drive a rapid buildup in positioning which subsequently can be left exposed should a change...
  • Saudi Arabia issues permits for projects worth US$1.1bn

    Riyadh, Saudi Arabia—Saudi Arabia has issued permits for non-oil industrial projects worth $1.1 billion in August. The licenses issued in August were for chemicals, metals, machinery, furniture, home appliances and other light-medium products. Around 115 licenses were issued for non-oil industrial projects — 20 percent higher than those issued in...
  • EGA H1 2022 profit $1.61bn

    Cast metal sales rose 11% compared to H1 2021.
  • Financial institutions exposed to high risk by global water crisis: Report

    Financial institutions are exposed to significant risks posed by depleted and contaminated water supplies, a report released by non-profit Carbon Disclosure Project (CDP) and Planet Tracker said. The analysis, the first-of-its-kind, shows how global companies in key industries are already losing billions as a result of the global water crisis....
  • Construction of $834m steel casting plant in Saudi to begin this year

    A metal casting and forging plant will be built by South Korea’s Doosan Heavy Industries and Construction at the cost of 1 trillion won ($834 million) in Saudi Arabia. Under the deal, the construction of the plant at the King Salman Global Maritime Industries Complex in Ras Al-Khair will start...
  • Turkey lifts ban on importing scrap metals from Lebanon after ministerial meet

    Turkey has lifted the ban on importing scrap metals from Lebanon, which could secure about $100 million annually for Lebanon, according to Minister of Economy and Trade, Amin Salam. Salam said that during his meeting in Ankara with Turkish Trade Minister Mehmet MuÅŸ, Interior Minister Suleiman Soylu and Foreign Minister...
  • Aleastur, top European metal producer, sets up base in Bahrain

    Aleastur, top European metal producer, has set up first plant for aluminum grain refiners and master alloys production in Bahrain.
  • Spain fortress contains mysterious Islamic era keys

    They are believed to have reached Segovia as spoils of war after the conquest of Muslim cities in Andalusia during the reign of Mohammad IX in the 15th century.