Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures fell again on Tuesday, pressured by rising global supply and slowing demand from Chinese steel mills. Sentiment weakened further after reports that Guinea's Simandou project, expected to produce 120 mln…
Salzgitter AG and Umicore's Metal Deposition Solutions (MDS) unit have jointly developed a process that enables the recovery of iridium from anodes used in continuous electro-galvanizing, supporting resource…
Iron ore futures declined on Monday as falling steel production reinforced a weak demand outlook. According to the China Iron and Steel Association (CISA), daily crude steel output among its member mills fell 6.4% in…
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious. Iron ore inventories at major Chinese ports are still rising and, combined with increasing global supply, are…
ArcelorMittal is preparing to commission the first three production lines of its new electrical steel unit at the Mardyck site near Dunkirk by the end of 2025. Electrical steels, ultra-thin, specially treated steels…
Turkey exported 12.5 mln tons of steel in the first ten months of 2025, up 12.6pct YoY, with export revenues rising 4.1pct to USD 8.5 bln, according to the Turkish Steel Producers' Association (TCUD). In October, steel…
Iron ore futures fell again on Thursday as rising global supply and lower steel production continued to pressure the market and keep sentiment bearish. Vale cut its 2026 output forecast, citing softer global demand and…
JSW Steel Ltd. and Japan's JFE Steel have agreed to form a 50:50 joint venture, under which JFE Steel will invest INR 157.5 bln (USD 1.75 bln) to acquire and operate Bhushan Power & Steel Limited's (BPSL) integrated…
Turkey's steel industry continues to demonstrate resilience despite market volatility, with exports and ongoing investments in efficiency, digitalization, and green transformation emerging as central pillars of…
Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government meetings may deliver supportive policy signals…
ArcelorMittal Eisenhuttenstadt has issued a provisional acceptance certificate (PAC) to Primetals Technologies after completing a major modernization of its reversing cold mill in Eisenhuttenstadt, Germany. The…
Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global supply continue to pressure prices, reflecting slower…
The Salzgitter Group and its subsidiary Ilsenburger Grobblech GmbH have received expanded approval for their SECURE 500 steel grade from Germany's Bundeswehr Technical Center (WTD 91) under the TL 2350-0000 technical…
Iron ore futures gained on Thursday, supported by moderate steel demand and higher production levels, though the broader outlook remains bearish. Market sources reported a decline in finished steel inventories this…
Hoa Phat Steel Sheet Co., Ltd., part of Vietnam's largest steelmaker Hoa Phat Group, has signed a new contract with The Bronx Group for the supply of a state-of-the-art 120 m/min colour coating line (CCL). The line will…
Iron ore futures inched higher on Wednesday, supported by a pickup in steel production, though demand concerns continued to cap gains. The China Iron & Steel Association (CISA) reported that its member mills produced an…
JFE Steel Corporation has ordered a new continuous galvanizing line (CGL) from Primetals Technologies for its West Japan Works in Fukuyama. Equipped with alloying capabilities, the line will help meet growing demand for…
Iron ore futures extended gains on Tuesday as lower shipments from major miners provided support, although the market's longer-term outlook remains uncertain. Analysts reported a week-on-week decline in supply from…
Iron ore futures edged higher on Monday, supported by tighter supply and expectations of fresh policy measures from Beijing, though the market's longer-term outlook remains uncertain. Traders reported a week-on-week…
ArcelorMittal has signed a memorandum of understanding with Ponant Explorations Group, leader in high-end exploration cruises, to collaborate on sustainability initiatives supporting Ponant's Swap2Zero project, which…
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