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
Liberty Steel is temporarily shutting down its wire rod plant in Peoria, Illinois, and has furloughed over 500 employees, according to local media reports. A company spokesperson told the Peoria Journal-Star that the…
SSAB and Snop have entered a long-term partnership to deliver fossil-free steel, helping Snop reduce its CO2 footprint and achieve its target of a 30pct emissions reduction by 2030. Groupe Financiere SNOP Dunois (FSD)…
Finnish recycling provider Konepeikko Oy has awarded Primetals Technologies a contract for a new torch-cutting machine at its facility in Imatra, Finland, located at Ovako Imatra Oy Ab. This environmentally friendly…
Iron ore futures rose on Wednesday as markets anticipated additional stimulus measures from Beijing, despite lingering demand concerns. Market expectations are high for additional stimulus measures ahead of the annual…
India's steel ministry has proposed a 25pct safeguard duty on imports of certain steel items, according to local media reports. The proposal was discussed in a meeting between Union Steel Minister H.D. Kumaraswamy and…
U.S. President-elect Donald Trump has reiterated his opposition to Japanese steelmaker Nippon Steel's proposed acquisition of U.S. Steel, vowing to block the deal and strengthen the iconic American company through tax…
South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield investment aims to expand the company's product portfolio…
BHP and HBIS Group have signed a new Memorandum of Understanding (MOU) to strengthen their strategic collaboration on decarbonizing the steel value chain. This builds on successful initiatives since their 2021…
Iron ore futures climbed on Friday, supported by restocking activity and anticipation of further economic stimulus. Chinese steel mills increased their iron ore inventories to prepare for potential disruptions during…
Tata Steel has partnered with Danieli to modernize the wire rod line at its Jamshedpur plant. The project included the installation of two advanced shearing units, a crank shear and a rotary shear, along with an…
Japanese steel distribution giant Marubeni-Itochu Steel Inc. announced that its UK subsidiary, Barclay & Mathieson Limited (B&M), has acquired 100pct of the shares in Angus F. Gunn Limited. Founded in 1958 and based in…
Blastr Green Steel has signed an MoU with Interfere Edelstahl Group, a leading European steel trader, to supply 150,000 tons of ultra-low CO2 steel annually. This marks the second offtake agreement in just over a month…
CSIRO, Australia's national science agency, has successfully trialed its innovative hydrogen production technology at BlueScope's Port Kembla Steelworks in New South Wales, proving that affordable, renewable hydrogen…
Iron ore futures remained unchanged on Thursday, reflecting cautious sentiment in the market despite firm near-term demand. Restocking by Chinese steel mills ahead of winter continues to provide support for prices…
SAIL (Steel Authority of India) has signed a Memorandum of Understanding (MoU) with John Cockerill India, an industrial equipment supplier, to explore joint initiatives aimed at advancing solutions for the steel…
Marcegaglia Stainless Sheffield, located in the UK, has partnered with Primetals Technologies to optimize production at its Sheffield minimill. The modernization project aims to double the plant's annual capacity from…
Axpo Nordic, a leading international energy company, and Stegra have signed a power purchase agreement to supply electricity to Stegra's integrated green hydrogen, green iron, and green steel production plant in Boden…
Iron ore futures rose on Wednesday as Chinese steel mills increased restocking efforts ahead of the winter season, partially offsetting the weak steel demand outlook. The market also anticipates potential policy…
The Embassy of Japan in India has raised concerns over delays in Japanese steel consignments at Indian ports, with Customs officials holding up shipments due to the absence of a No Objection Certificate (NOC), as…
Swedish steel producer, SSAB has chosen SMS group to construct a 190-ton electric arc furnace (EAF) in Oxelosund, which is set to be one of the largest installations in the world with an upper shell diameter of 9.3…
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