Indian steelmakers could gain access to a new export market in Uzbekistan after the Indian Steel Association (ISA) signed a bilateral MoU with the Uzbekistan Metallurgy Association to strengthen cooperation between the…
Canada's Algoma Steel has suspended production at its electric arc furnace (EAF) following an unplanned outage at its Lake Superior Power (LSP) generating facility in Sault Ste. Marie, Ontario. One of LSP's turbine…
Mexico's TYASA has completed the start-up of its new 350,000 tons per year special bar quality (SBQ) plant in Ixtaczoquitlan, Orizaba, with the Danieli-supplied complex now in operation. The new complex includes a…
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal prices. Chinese steel traders said finished steel…
Jindal Stainless plans to invest INR 900 crore (USD 94.1 mln) to increase its cold rolling capacity in India from 2.05 mln tons per annum to 2.67 mln tons per annum by FY28, managing director Abhyuday Jindal said in the…
Czech steelmaker Nova Hut has started receiving steel billets from Norway-based 7 Steel Nordic, according to local media reports. The first shipment arrived several weeks ago, with 7 Steel Nordic potentially supplying…
A Russian missile strike on August 16 damaged key production and energy facilities at ArcelorMittal Kryvyi Rih, forcing a partial halt to production at the Ukrainian steelmaker. The company said the attack damaged…
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream activity ahead of September also provided some support…
ArcelorMittal Nippon Steel India (AMNS India) has launched STRUCTROMAX and WELDSTAR, two new heavy steel plate brands targeting infrastructure, construction, transportation, energy and heavy engineering applications…
US steel producer Hybar LLC has selected SMS group to supply a second CMT 550 continuous minimill for its steelmaking complex in Osceola, Arkansas. Installed alongside the existing mill, the project will create the…
US steelmaker Nucor will invest USD 59 mln to expand production capabilities at its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capacity to produce steel grating products. The project marks…
Finnish stainless steel producer Outokumpu will inaugurate a new biocoke agglomeration plant at its Tornio production site, enabling the replacement of fossil coke with biomass-based biocoke in ferrochrome production…
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support. Iron ore fundamentals remained broadly balanced but lacked a strong…
ArcelorMittal Nippon Steel India (AMNS) and state-owned Coal India Ltd (CIL) have signed a non-binding memorandum of understanding (MoU) to explore the use of syngas from a proposed coal gasification facility at or near…
Vale and ABB have signed a strategic alliance to expand the use of automation, artificial intelligence (AI) and digitalization across Vale's iron ore operations in Brazil, aiming to improve safety, productivity and…
Russian pipe producer TMK has developed a technology for applying weather-resistant coatings to large-diameter pipes, with the first industrial batch comprising around 500 tons of 820 mm diameter pipes produced at its…
Iron ore futures edged higher on Wednesday, holding near two-week highs as continued strength in coking coal and coke provided cost support, while weak steel demand and ample supply limited further gains. Coking coal…
Fujian Sanming Steel & Guangming Co. has completed final acceptance of a new high-efficiency billet-grinding machine supplied by Danieli and installed at its Sanming works in Fujian province. The new Danieli Centro…
India's iron ore advantage is shifting from securing sufficient volumes to securing higher-quality ore, as the country plans a major expansion in steelmaking capacity while reducing emissions and reliance on coking…
New Zealand Steel has produced its first commercial steel from a new electric arc furnace (EAF) at its Glenbrook steelworks, marking a major step in the transition to lower-carbon steelmaking. The new EAF, commissioned…