Industry News
Overview: Industry News
Global DRI Output Hits New High of 151.0 Mt in 2025
25.09.2026
Global production of direct reduced iron (DRI) set a new record in 2025, reaching 151.0 million tons (Mt) — an increase of 10.2 Mt, or 7.2%, over the previous record of 140.8 Mt achieved in 2024.
Welspun Corp and Perma-Pipe plan pipe manufacturing and coating facilities in Jordan
25.09.2026
Welspun Corp and Perma-Pipe have signed an MoU to explore new pipe manufacturing and coating facilities in Jordan, targeting water, oil and gas, energy and infrastructure projects across the Levant region.
Corinth Pipeworks to supply 250 km of LSAW pipes for Rovuma LNG
21.09.2026
Corinth Pipeworks has secured a major line pipe contract for the Rovuma LNG Phase 1 Project in Mozambique. The Greek manufacturer will produce around 120,000 tonnes of LSAW steel pipes for the project’s offshore pipeline network.
Turning Corn Steep Liquor Into a Sustainable Flame Retardant
18.09.2026
For years, researchers have been searching for alternatives to halogenated flame retardants, which raise significant environmental and health concerns. One promising avenue now comes from an unexpected source: corn steep liquor.
Man Industries wins new pipe orders worth around $63 million
18.09.2026
Man Industries has secured new domestic and international orders worth approximately $63 million for the supply of various types of pipes, lifting its unexecuted order book to around $428 million.
Intercom Group broadens welded and precision steel tube portfolio
15.09.2026
Intercom Group is expanding its range of welded steel pipes and hollow sections while adding precision steel tubes for automotive, mechanical engineering and general engineering applications.
Energy Efficiency Emerges as a Security Factor
11.09.2026
Germany is heading into autumn with unusually low gas reserves. Structurally, too, the country's energy supply remains heavily dependent on imports: in 2025, two-thirds of primary energy consumption came from abroad. On paper, domestic energy sources would have covered only 125 days of the year — up to May 5, 2026.
Vallourec and Aramco strengthen OCTG partnership in Saudi Arabia
11.09.2026
Vallourec and Aramco have signed a new agreement for the supply of Oil Country Tubular Goods, further expanding a partnership that dates back to 1962.
Interpipe targets higher seamless pipe output at Romanian plant
08.09.2026
Interpipe plans to expand seamless pipe production at its recently acquired Romanian facility and is reportedly seeking up to €20 million in financing to support the development.
Hi-Tech Pipes targets 2 million tonnes of steel pipe capacity by FY29
04.09.2026
Hi-Tech Pipes plans to double its annual production capacity to 2 million tonnes, with new investments focusing on API pipes, ERW tubes, solar tubes and other value-added products.