US-based Electra, specializing in low-carbon iron production, has signed an MoU with Interfer Edelstahl Group, a global steel and raw materials trader, to collaborate on clean iron production for specialty steel…
Vallourec, a global leader in seamless tubular solutions, has announced an agreement to sell the majority of its Dusseldorf-Rath production site to CTP, Europe's largest publicly-listed industrial property developer…
The European Commission has initiated a review of the EU's steel safeguard measure following a request from 13 member states. The request highlights the mounting challenges facing the EU steel sector, driven by…
Iron ore futures edged up on Tuesday as cautious market sentiment persisted, with weak fundamentals outweighing stimulus hopes. Concerns over higher port-side iron ore inventories and slowing steel demand continued to…
India's Vardhman Special Steels has collaborated with Kocks to order the country's first 4D EAGLE S profile measuring system. Introduced in April 2024, the 4D EAGLE S is an advanced in-line profile measuring gauge…
Tata Steel UK has signed an MoU with JCB to supply low-CO2 steel from its Port Talbot site, supporting JCB's focus on carbon reduction in manufacturing and equipment. This marks Tata Steel UK's first supply agreement…
BlueScope, BHP, and Rio Tinto have selected the Kwinana Industrial Area, south of Perth, to host Australia's largest electric smelting furnace (ESF) pilot plant. This groundbreaking project aims to test technology that…
Iron ore futures rose on Monday, buoyed by expectations of policy support from Beijing, even as fundamentals in the steel sector continued to weaken. A senior official from China's central bank announced plans to boost…
Tata Steel is in talks with NMDC and Odisha Mining Corporation (OMC) to ensure future iron ore supplies as it scales up its domestic steel manufacturing capacity. As part of its strategy for raw material security, the…
ABS Sisak, a Croatia-based steelmaker, has successfully installed the EBT-SAND tap hole inspection and sand filler system in its 67-ton Electric Arc Furnace (EAF). The EBT-SAND system, part of the ZERO MEN AROUND…
The global long steel products market has entered a seasonal lull, with business activity expected to resume only after January 13, according to the International Rebar Producers and Exporters Association (Irepas). Key…
Iron ore futures fell on Friday due to demand uncertainties and the lack of detailed Chinese stimulus measures, which weighed heavily on market sentiment. Adding to the bearish outlook, port-side iron ore inventories…
ICRA projects that domestic steel industry capacity utilization will dip below 80pct in FY2025 for the first time in four years, as cheap imports continue to take market share. The credit rating agency warned that the…
SSAB and Stena Metall have signed a strategic cooperation agreement to ensure the delivery of recycled scrap metal from Stena Nordic Recycling Center in Halmstad, Sweden, to SSAB's new electric arc furnace in Oxelosund…
Corinth Pipeworks, a global leader in steel pipe solutions for energy and construction, has won two major offshore contracts from Subsea7 in the North Sea, reinforcing its strong regional presence and long-term…
Iron ore futures recovered on Thursday, as improved steel demand and stimulus hopes supported the key steelmaking raw material. Steel demand in China remained firm, specially from the manufacturing sector, reflected by…
The Indian government is considering imposing a 25pct safeguard duty on flat steel imports, Union Steel Minister H.D. Kumaraswamy announced. According to reports, the proposal is under review, with a final decision to…
India's Competition Commission (CCI) has approved the acquisition of Thyssenkrupp Electrical Steel India Pvt Ltd by JSquare Electrical Steel Nashik Pvt Ltd, a subsidiary of JSW JFE Electrical Steel Pvt Ltd (J2ES). J2ES…
Vale has finalized negotiations with the US Department of Energy (DOE) to begin Phase 1 of its project to develop an industrial-scale briquette plant in Louisiana. Over USD 3.8 mln in awarded funds will be used for…
ArcelorMittal S.A. and LanzaTech Global, Inc. announced a milestone at ArcelorMittal's Steelanol facility in Ghent, where ethanol production has reached a volume sufficient for barge shipments. LanzaTech took title to…