Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition from cheaper imported material. Formosa reduced its latest…
Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices supported sentiment, although underlying supply-demand…
Thyssenkrupp Rasselstein is developing a large-scale solar power facility at its tinplate plant in Andernach, Germany, as part of efforts to increase the use of renewable electricity and reduce the carbon footprint of…
Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand and continued supply pressure kept gains limited…
Japan has decided to impose provisional anti-dumping duties on imports of hot-dipped galvanized steel coil, sheet and strip from China and South Korea following a preliminary investigation that found evidence of dumping…
Vietnam's Pomina Steel has signed a memorandum of understanding with Hoa Binh Construction Group for the development of the second phase of its steel plant project at the Phu My 1 Industrial Park. The second phase will…
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply, high port inventories and weak seasonal steel demand continued…
Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant seaborne supply, weak seasonal steel demand and falling steel prices continued to weigh on…
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising port inventories and ample…
Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak seasonal steel demand reinforced bearish market sentiment. Market…
ArcelorMittal reported improved second-quarter earnings and said it expects stronger steel shipments in Europe during the second half of 2026, supported by the European Union's revised tariff rate quota (TRQ) system and…
Tosyali Algerie has produced its first cold-rolled steel coil following the successful commissioning of its Pickling and Tandem Cold Mill (PLTCM) line, marking the start of production at the company's new cold rolling…
Iron ore futures edged lower on Wednesday as high port inventories and sluggish seasonal steel demand continued to weigh on sentiment. Market insiders said iron ore fundamentals remained broadly balanced. Demand…
Australian steel producer Bisalloy Steel has secured its first order to supply submarine-grade steel for the construction of United States Navy Virginia-class submarines, marking a milestone in Australia's participation…
Saudi Arabia's Universal Metal Coating Company (Unicoil) has commissioned a new high-speed precision slitting line, expanding its steel processing capabilities for galvanized steel coils. The new line is designed to…
Iron ore futures edged lower on Tuesday as the market struggled to find clear direction, with lower global shipments offset by subdued steel demand and cautious sentiment ahead of potential policy support from Beijing…
Indonesia's state-owned steelmaker Krakatau Steel has declared force majeure following a fire at its Continuous Tandem Cold Mill (CTCM) on July 19, disrupting production of full hard cold rolled coil, according to local…
ArcelorMittal Europe - Flat Products has collaborated with Polyvision to develop 5-foot-wide cold rolled enamel steel coils, expanding the range of specialty steel products for architectural, infrastructure and…
Iron ore futures drifted lower on Monday as sluggish downstream steel demand continued to weigh on sentiment, while investors awaited policy signals from China's Politburo meeting later this week. Market insiders said…
Iron ore futures edged lower on Friday as fresh steel production curbs in Tangshan weighed on the demand outlook, while hopes for fresh policy support ahead of next week's Politburo meeting were tempered by doubts over…
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