Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,789 news items in Global Steel News. Show all
India's Sandur Manganese & Iron Ores has received approval to increase its annual iron ore production limit. The company will raise its production capacity from 3.81 mln tons per year to 4.36 mln tons per year…
Iron ore futures surged on Tuesday, buoyed by improved market sentiment, yet they recorded a significant yearly decline attributed to ongoing economic challenges and weak market fundamentals. Optimism followed Chinese…
Suzlon Group has secured a 302.4-megawatt (MW) wind power project from Jindal Renewables, following a 400-MW wind power deal with the same company just over a month ago. Both projects will be located in the Koppal…
In November, Vietnam's HRC exports continued to struggle, forcing companies to shift focus to the domestic market to boost consumption. According to the Vietnam Steel Association (VSA), HRC exports declined by over…
Hoa Phat Group has supplied 10,000 tons of large-sized steel pipes for the construction of Southeast Asia's largest exhibition center in Dong Anh, Hanoi. The project, funded by Vingroup, began in August 2024 and is…
Iron ore futures recorded gains on Monday, but the demand outlook remains uncertain due to weakening steel demand. Steel consumption typically slows during the winter months as downstream activities, particularly…
The Steel Authority of India Ltd (SAIL), a state-owned enterprise, has entered a strategic partnership with the TEXMiN Foundation of IIT (ISM) Dhanbad to accelerate innovation in mining and metallurgy. As part of this…
Posco, Hyundai Steel, the Korea Expressway Corporation Research Institute (KECRI), and the Korean Recycled Construction Resources Institute (KRCRI) have partnered to promote the use of steel byproducts in highway…
Metinvest Group's steelmaking facilities in Ukraine introduced 20 new products in 2024, including six developed in collaboration with the Zaporizhstal joint venture. The majority of these products were in the long…
Iron ore futures declined on Friday as a weak demand outlook weighed on market sentiment. Maintenance shutdowns at several blast-furnace-based steel mills are expected to further reduce steel production, dampening iron…
India has announced restrictions on the import of low-ash metallurgical coke, according to a notification from the Directorate General of Foreign Trade (DGFT). From January to June 2025, imports will require…
Ternium has signed an agreement with Lithium de France, a subsidiary of the Arverne Group, to provide casing, tubing, and related services for geothermal well construction. These wells, located in Northern Alsace, will…
Sidenor has acquired Eplus, a Catalan company based in Artes, Barcelona, specializing in industrial waste management and recovery. The move aligns with Sidenor's strategy to foster sustainable growth and strengthen its…
Iron ore futures were almost steady on Thursday, as weak steel demand balanced restocking activity by Chinese steel mills. Seasonal slowing in steel demand during winter dampened market sentiment. High port inventories…
India remained a net importer of finished steel during the April to November period, with imports rising 26.6pct YoY to 6.5 mln tons, while exports declined by 23.6pct to 3.154 mln tons. China dominated India's steel…
Japan's Nippon Steel has extended the closing period for its USD 15 bln acquisition of U.S. Steel, expressing confidence that the deal will bolster the American company's growth and security. The estimated closing date…
Mesabi Metallics has awarded Metso a contract for beneficiation plant equipment for its Direct-Reduction (DR) grade iron ore plant in Nashwauk, Minnesota. The plant is key to securing the supply of DR-grade pellets in…
Iron ore futures closed unchanged on Wednesday as the market remained cautious about demand prospects during a subdued trading session affected by the Christmas holiday. Earlier this week, iron ore prices found support…
Jindal Saw announced it has signed an agreement to acquire a 31.20pct equity stake in ReNew Green Energy. In a regulatory filing, Jindal Saw stated, "We have entered into a share purchase agreement with ReNew Green…
Malaysia's Ministry of Investment, Trade, and Industry (MITI) has launched an administrative review of anti-dumping duties on imports of cold-rolled coils (CRC) of iron or non-alloy steel exceeding 1,300mm in width…
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