Mesabi Metallics appoints Joe Broking President and Chief Executive Officer

Twenty-seven-year industry veteran to lead company as it ramps up staffing and construction. NASHWAUK, Minn. (June 17, 2024) – Mesabi Metallics Co. LLC today announced it has appointed Joe Broking to the position of president and chief executive officer. “Mesabi Metallics is at a new, exciting stage in its development where we are bringing on […]

Essar to start work on $4 billion Saudi steel plant from 2024

Essar-Steel-Plant

India’s Essar Group plans to invest billions of dollars in low-carbon projects in Saudi Arabia, the UK and India, as the company transitions into clean energy investments. The conglomerate controlled by billionaire brothers Shashi and Ravi Ruia expects to get final approvals by June to start investing about $4 billion to build a low-carbon steel […]

Indian conglomerate Essar plans regional hub in Saudi Arabia

Essar-Steel-Plant-1

Indian conglomerate Essar Group plans to make Saudi Arabia a hub to drive its expansion locally and regionally, its chief executive Prashant Ruia said on Wednesday. The group, built by brothers Shashi and Ravi Ruia, is setting up a 4 million metric tonnes per year steel plant along with port facilities at Ras Al-Khair in […]

Essar Group and Desert Technologies sign MOU for developing renewable energy solutions for Essar’s KSA Green Steel Arabia Project

20230911-Essar-Desert-Technologies-MOU-KSA-Green-Steel-Arabia-Project

New Delhi, India, September 11, 2023: Desert Technologies (DT) an independent solar PV and smart infrastructure holding company, entered into a long term partnership with the multinational conglomerate Essar Group. Both parties signed a Memorandum of Understanding (MOU) to develop renewable energy solutions for Essar Group’s Green Steel Arabia (GSA) project in the Kingdom of […]