9,612.84 TRY BIST 100 BIST 100
40.78 EUR EUR EUR
37.83 USD USD USD
5.24 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

Jindal Shadeed signs agreement with Danieli for new technology

Oman-based Jindal Shadeed Iron & Steel has signed an important agreement with Italian technology giant Danieli to modernize its casting machines and increase production capacity in Sohar.

Jindal Shadeed signs agreement with Danieli for new technology

Jindal Shadeed Iron & Steel announced an important agreement with Italy-based Danieli, a full-cycle metals processing company since 1914 and a pioneer in green steel technologies, to retrofit its casting machines in Sohar, Oman. This innovation aims to diversify the company's product range and increase production efficiency.

Thanks to the new technology, Jindal Shadeed will be able to produce round steels with diameters of 450 mm and 380 mm and steel products with dimensions of 250x350 mm for rail applications. In addition, innovative automation and control systems, such as advanced electromagnetic mixers, will ensure higher precision and quality in production.

This collaboration with Danieli will allow Jindal Shadeed to expand into new markets and cater to a wider customer base. The new types of specialty steels that the company will offer will be able to cater to many sectors, such as construction, automotive, power generation, infrastructure and chemicals. This diversification is expected to increase the company's market share while expanding its production capacity and sectoral diversification.

The new technologies will be deployed from July 2025 to March 2026 in a “phased” intervention in the production process, minimizing downtime.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russia increases iron and steel exports to South Korea

Friday, March 28, 2025

Discussions on scrap trade in Europe are deepening

Tuesday, March 25, 2025

ACEA expressed deep concern over new US tariffs

Friday, March 28, 2025

German companies are accelerating layoffs

Friday, March 28, 2025

Uzbekistan and Russia to discuss industrial cooperation development at Innoprom-2025

Friday, March 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now