Nucor Tubular Products Marseilles has awarded Danieli Centro Tube a contract for a new orbital cut-off saw for its 5K-ERW mill in Marseilles, Illinois, USA. This saw will cut welded tubes up to 6 5/8 inches (168 mm) in…
Thyssenkrupp Aerospace and SKF have signed a two-year contract extension for the supply of steel, stainless steel, titanium, aluminum, and copper to SKF's facility in Lons le Saunier, France. As part of this agreement…
Iron ore futures posted slight gains on Wednesday, as optimism over potential stimulus from Beijing helped offset steel demand concerns. Confidence in additional fiscal stimulus grew after a Reuters report spurred price…
China's leading steel producer, Baoshan Iron & Steel (Baosteel), reported a nearly 65pct drop in net profit for the third quarter, primarily due to declining steel prices. In a filing to the Shanghai Stock Exchange, the…
India's JTL Industries Limited has successfully expanded its Raipur facility's capacity from 100,000 to 200,000 tons per annum, according to a recent stock exchange filing. This expansion brings JTL's total pipe…
Cleveland-Cliffs Inc. has announced that it has obtained the necessary regulatory and program approvals under the Investment Canada Act and the Strategic Innovation Fund, completing the final steps needed for its…
Nucor Steel Kingman has signed a 10-year services contract with Harsco Environmental, a leading global provider of steel mill services and a division of Enviri Corporation. Beginning in 2025, Harsco Environmental will…
Iron ore futures fell on Tuesday, as rising inventory levels and weak steel demand weighed on market sentiment. Increasing iron ore supplies from major miners, combined with already elevated port inventories, have put…
India's JSW Group has signed a Memorandum of Understanding (MoU) with South Korea's Posco Group, establishing a framework for collaboration in steel, battery materials, and renewable energy sectors in India, according…
British Steel has launched a carbon capture trial at its Scunthorpe plant using groundbreaking technology to reduce carbon emissions, the company announced in a press release. While electrification of the steelmaking…
Metso has opened a cutting-edge direct reduced iron (DRI) smelting furnace pilot facility in Pori, Finland. This facility will enable customer-specific pilot-scale testing to showcase the effectiveness of Metso's…
Iron ore futures rose on Monday as renewed expectations of further stimulus from Beijing helped offset concerns about steel demand. According to the National Bureau of Statistics, China's industrial profits fell sharply…
Lloyds Metals & Energy Ltd. has selected Sarralle to build a new greenfield meltshop in Ghugus, Maharashtra, India. The facility, slated to produce 1.2 mln tons of long steel products annually, will be designed…
Axpo Italia, a leader in renewable energy, has signed a Power Purchase Agreement (PPA) with Tenaris to supply Dalmine, Tenaris' seamless steel tube factory in Italy, with 15 GWh of certified green energy annually. This…
NLMK Clabecq has launched "InThinity", an advanced process technology for producing quarto heavy plates with high precision, standardly achieving thicknesses of up to 15 mm. According to NLMK Clabecq, InThinity marks a…
Iron ore futures recovered on Friday, supported by improved production figures, though concerns over steel demand persist. Daily crude steel output among China Iron & Steel Association (CISA) member mills for…
China Iron & Steel Association (CISA) anticipates that China's steel demand in 2025 will likely remain stable compared to current levels, though risks remain due to mounting trade frictions and challenges in key…
Jindal (India) Limited, part of the B.C. Jindal Group and a leading manufacturer of downstream steel products in India, has signed a supply agreement with John Cockerill India Limited for a state-of-the-art colour…
Saarstahl has placed a significant order with Primetals Technologies for a new substation at its Volklingen, Germany plant. This power supply solution will connect the power grid to a future electric arc furnace, with a…
Greensteel Australia has partnered with Danieli to establish a 600,000-ton-per-year rolling mill powered entirely by green hydrogen in New South Wales. This groundbreaking facility aims to set a global benchmark for…