Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside. Some market participants expect Chinese steel mills to replenish…
India's Ministry of Finance has imposed anti-dumping duties on imports of cold-rolled non-oriented (CRNO) electrical steel from China for a period of five years, following recommendations from the Directorate General of…
Vietnam's Xuan Thien Group has signed a strategic investment and cooperation agreement with Primetals Technologies to develop advanced steelmaking facilities in Ninh Binh province, marking a key step toward positioning…
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories of major finished steel…
Indian state-owned SAIL's Rourkela Steel Plant (RSP) has successfully commissioned a fully mechanized cleaning system at its plate mill, clearing a completely blocked scale channel during a recently completed capital…
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish. Chinese steel mills have been replenishing raw material stocks ahead of…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to keep all product prices unchanged for January sales under its latest monthly pricing policy. Under the decision, prices for HRC (1.7-22…
Toyo Kohan Co., Ltd. has awarded Primetals Technologies a contract to modernize the pickling line at its Kudamatsu plant in Japan, aimed at improving efficiency, product quality, and maintenance. The project includes…
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the China Iron and Steel Association…
Thyssenkrupp Steel Europe has completed a major modernization of the automation systems in the coiler area of hot strip mill No. 1 at its Duisburg site, following an upgrade carried out by SMS group. The mill…
Iron ore futures fell sharply on Monday as market sentiment deteriorated following Beijing's move to introduce a steel export licensing system aimed at regulating overseas shipments next year. China's Ministry of…
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a bearish outlook for the market. Port-side iron ore stocks have climbed to…
Jindal Steel Ltd. (formerly Jindal Steel and Power Ltd.) has significantly expanded its manufacturing capabilities at its Angul plant in Odisha, tripling its heat-treated plate capacity from 20,000 tons per month to…
Morocco's leading flat steel producer, Maghreb Steel, posted a 15pct YoY increase in revenue for the first nine months of 2025, supported by stronger sales in the domestic market. Revenue rose to MAD 4.42 bln (USD 480…
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel demand continued to pressure prices, while…
Tata Steel's board has reaffirmed its long-term growth strategy for the India business, focusing on disciplined capital allocation, capacity expansion, downstream growth, and low-carbon technologies. Several key…
Thyssenkrupp will temporarily suspend its electrical steel production in response to intense import competition and a weak market environment, the company's steel division announced. Beginning mid-December, operations…
ArcelorMittal Poland has completed a major investment at its Krakow site, finishing a 44-day modernization of Galvanizing Line No. 2 to enable production of sheet metal with the company's new Optigal coating. The line…
Iron ore futures rebounded on Wednesday after several sessions of losses, supported by growing expectations that Beijing may introduce new stimulus measures following another round of weak economic data. The latest…
Turkey imported 3.24 mln tons of HRC in the first ten months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the largest supplier with 1.19 mln tons, followed by Russia…
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