Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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ArcelorMittal Industeel has inaugurated a new vertical continuous casting installation at its Le Creusot site in France, representing a total investment of EUR 52 mln (USD 61 mln), including EUR 12 mln (USD 17.6 mln) in…
Russia's Magnitogorsk Iron and Steel Works (MMK) has started production of a new type of rolled steel designed for use in extremely low-temperature environments, expanding its MAGSTRONG range of high-strength and…
Iron ore futures inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains. Chinese steel mills continued restocking iron ore ahead of the May holiday…
Turkey's Tosyali Holding is advancing its global expansion strategy, including plans to begin production of automotive-grade steel at its Algerian facility in the third quarter of 2026 as part of a USD 2.5 bln…
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook. Iron ore futures had risen in previous sessions on the back of improving steel production and firm…
Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in the first quarter of 2026, up 40pct and 170pct YoY, respectively. Profit reached 41pct of the…
Hyundai-Posco Louisiana LLC has signed a long-term agreement with Air Liquide for the supply of oxygen, nitrogen and argon to its new low-carbon steel facility in Louisiana. To support the project, Air Liquide will…
Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…
Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Corinth Pipeworks and ArcelorMittal have expanded their collaboration with the use of XCarb recycled and renewably produced steel in pipe manufacturing, marking the first application of the material in Corinth…
Ukrainian steel producer Zaporizhstal has shipped over 28,000 tons of HRC since the start of 2026 to Metinvest Tubular lasi, part of Metinvest Group, the company said. The shipments come as the lasi pipe plant continues…
Turkish steel producer Erdemir, a subsidiary of Oyak Mining and Metallurgy, has signed a contract with YDA Group, a Turkish conglomerate active in construction, healthcare PPPs, aviation and energy, to supply steel for…
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength in Chinese steel production and stable domestic…
India's JSW Steel has approved entering into a share subscription and joint venture agreement with Posco Co., Ltd and Posco-India Private Limited to establish a 50:50 joint venture, the company said. The joint venture…
Taiwanese steelmaker China Steel Corporation (CSC) has increased flat steel prices for May deliveries, citing rising raw material costs and improving market conditions. Hot rolled plates and coils (commercial and…
U.S. Steel plans to restart the Gary Tin Mill at its Gary Works facility, aiming to increase domestic tin mill production and strengthen supply availability for US customers. The company said the restart will depend on…
Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…
JSW Steel Coated Products Limited has awarded a contract to John Cockerill India Limited for the design, engineering and supply of a continuous galvanizing line (CGL#3) at its Khopoli plant, according to a stock…
SSAB has supplied structural steel and foundation components for the Kruunuvuori Bridge project in Helsinki, one of the largest bridge developments in Finland. More than 3,000 tons of SSAB Domex high-strength structural…
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