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2,789 news items in Global Steel News. Show all
Germany's second-largest steel producer, Salzgitter AG, announced that its major shareholder, GP Gunter Papenburg Aktiengesellschaft, in collaboration with TSR Recycling GmbH & Co. KG, is considering submitting a…
Iron ore futures fell on Wednesday as demand outlook remained uncertain, despite hopes for additional stimulus measures. Rising iron ore inventories, increased imports from major miners, weak margins at steel mills, and…
India's Welspun Corp announced it has secured two major orders in the U.S., totaling INR 1,300 crore (USD 154.5 mln), to supply coated HSAW pipes for natural gas pipeline projects, according to a stock exchange filing…
SteelAsia Manufacturing Corporation, a major steel producer in the Philippines, recently shipped 14,200 tons of high-strength rebar valued at USD 8.8 mln to Canada from its Davao mill. This marks the first time that…
Italian steel producer Feralpi Siderurgica, part of the Feralpi Group, has granted the final acceptance certificate (FAC) to Primetals Technologies for the successful revamp of its 6-strand billet caster at the Lonato…
Iron ore futures rose on Tuesday, supported by optimism for additional stimulus measures from Beijing, though demand concerns continued to weigh on the market. Chinese Premier Li Qiang expressed confidence in meeting…
JSW Steel reported a 1pct YoY decrease in consolidated crude steel production for October 2024, totaling 22.81 mln tons, according to the company's stock exchange filing. In India, the company's steel output fell by…
Nithia Capital and Evonith Steel have announced the successful recommissioning of Blast Furnace 1 (BF1) at Evonith Steel City in Wardha, near Nagpur, Maharashtra, according to a company press release. BF1 is a 450 m3…
Shyam Metalics and Energy Ltd. (SMEL), an Indian steel producer, has officially launched a new blast furnace and sinter plant at its Jamuria facility, as announced in a stock exchange filing. The project, which involved…
Mill Steel Co., one of the largest distributors of flat-rolled carbon steel, stainless steel, and aluminum in the U.S., has acquired Maryland Metals Processing (MMP), a major stainless and aluminum toll processor based…
Iron ore futures gained on Monday, reversing earlier losses as renewed hopes for economic stimulus offset concerns about weak demand. The Standing Committee of China's National People's Congress (NPC) is meeting from…
AM/NS India, a joint venture between ArcelorMittal and Japan's Nippon Steel, plans to establish an integrated steel project in the Anakapalli district of Andhra Pradesh, targeting a capacity of 17.8 mln tons. The…
JFE Corporation, in partnership with Megatec Corporation, has secured an order from Gerdau for hot repair engineering services on the coke battery at Gerdau's Ouro Branco plant in Minas Gerais, Brazil. This hot repair…
Italian steel producer Acciaierie d'Italia (ADI) has signed a Memorandum of Understanding (MoU) with DRI d'Italia SpA, marking a formal agreement to collaborate on the construction of a 2.5 mln ton per year direct…
Iron ore futures declined on Friday amid a clouded demand outlook, despite encouraging private PMI data and expectations for further economic stimulus. Rising port-side iron ore inventories and seasonal slowdown in…
United States Steel Corporation reported net earnings of USD 119 mln for Q3 2024, a decrease from USD 299 mln in the same quarter last year. U.S. Steel President and CEO David B. Burritt highlighted that the adjusted…
An explosion at a Grupo Simec steel plant in central Mexico has resulted in at least 12 fatalities and one injury, according to authorities in Tlaxcala. The incident occurred early Wednesday morning when steel being…
The European steel market faces a challenging outlook, driven by low steel demand, a downturn in steel-using sectors, and persistently high import shares. These factors, along with a weak economic forecast, rising…
Iron ore futures fell on Thursday as the market remained cautious amid a mixed demand outlook. However, hopes for further stimulus and strong manufacturing data helped limit losses. High iron ore port inventories and…
Nippon Steel Corporation (NSC) has launched an overseas version of its ProStruct brand, providing advanced construction solutions for buildings and infrastructure since October. Originally introduced in Japan in 2022…
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