Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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JSW JFE Electrical Steel Nashik has awarded John Cockerill India a contract to engineer, design, manufacture, and supply advanced tunnel furnaces for its Nashik facility, with commissioning scheduled for early 2027. The…
Iron ore futures rose slightly on Wednesday, supported by expectations of stronger steel output after environmental curbs on Tangshan mills were lifted last week. A drop in weekly shipments from major suppliers also…
Iron ore futures extended gains on Tuesday, supported by expectations of stronger steel production following the lifting of output curbs in Tangshan, imposed earlier for a parade in Beijing. Analysts said higher steel…
Turkey's steel producers are calling for tougher trade defense measures against rising imports from Asia, warning that state-subsidized products from China, Russia, India, and other Far Eastern countries are distorting…
Iron ore futures rose on Monday, supported by resilient Chinese steel exports and reduced shipments from Brazil. Market sources said Brazilian iron ore exports fell sharply last week due to scheduled berth maintenance…
Steel demand in India is expected to recover from October, with around 55-60pct of annual consumption typically concentrated in the second half of the year, according to Jindal Steel and Power chairman Naveen Jindal…
Iron ore futures rose on Thursday, supported by expectations of higher demand after Tangshan steel mills resumed operations following the end of Beijing's military parade-related output curbs on September 3. Analysts…
Shougang Jingtang has contracted SMS group to supply a new continuous galvanizing line (CGL) at its Caofeidian plant in China. With an annual capacity of 450,000 tons, the line will produce high-quality galvanized sheet…
Iron ore futures rose on Wednesday, supported by expectations of stronger demand as Tangshan steel output curbs near their end. Beijing had ordered Tangshan mills to cut production from August 25 to September 3 for a…
China's Baoshan Iron and Steel Co. (Baosteel) said construction is advancing on its USD 4 bln integrated steel plate complex in Saudi Arabia, the company's first overseas steel base. Located in Ras al-Khair Industrial…
Iron ore futures inched up on Tuesday as investors weighed hopes of stronger demand once Beijing lifts steel production curbs after this week's military parade against persistent signs of weak steel consumption…
Algoma Steel has achieved first steel production at Unit One of its new Electric Arc Furnace (EAF) facility in Sault Ste. Marie, Ontario. This marks the start of the company's transition from integrated to electric arc…
Turkey's Ministry of Commerce has imposed antidumping duties on imports of heavy plate from South Korea, according to a notification published in the Official Gazette. The investigation concluded that South Korean…
Iron ore futures fell on Monday as steel production curbs and weakening steel demand weighed on market sentiment. Chinese Steel output is expected to be hit by new environmental restrictions in Tangshan and other…
The U.S. Department of Commerce has issued its final determinations in the antidumping and countervailing duty investigations on corrosion-resistant steel imports from the UAE and Turkey. For the UAE, the regulator set…
Iron ore futures edged higher on Friday, supported by strong near-term demand and a weekly decline in port inventories. Analysts noted that robust steel production continues to underpin consumption, though environmental…
Marcegaglia and Danieli have signed an agreement to begin the engineering phase of the Mistral Project, a flat-product minimill in Fos-sur-Mer, France. Danieli will supply a fully automated plant covering scrap…
Portuguese flat steel producer Lusosider Acos Planos has once again partnered with Fives to optimize zinc consumption at its 275,000 tons per year continuous galvanizing line in Paio Pires. The project involves…
Iron ore futures surged on Thursday, supported by reports that Chinese authorities plan to cut steel production to reduce excess supply. Beijing aims to curb crude steel output between 2025 and 2026 amid persistent…
NEOVAC, a joint venture between SMS group GmbH and SITIZN Group Holding AG, has introduced a new vacuum coating technology for high-strength and ultra-high-strength steel strips at its Karlstein, Germany facility…
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