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2,789 news items in Global Steel News. Show all
Iron ore futures continued their decline on Thursday, despite gains earlier in the session, as uncertainty surrounding Beijing's stimulus measures weighed on the market. Futures initially rose after reports that China's…
Ratan Tata, the former chairman of Tata Group, has passed away at the age of 86, the company confirmed in a statement. Born in 1937, Tata was an influential leader who shaped the future of one of India's largest…
Ternium and Petrobras have signed a contract to supply natural gas to Ternium's unit in Rio de Janeiro, marking the company's shift from the captive market to the free market in the state. Under this agreement…
Delna S.p.A., a company within the ArcelorMittal CLN Distribuzione Italia Group and a key provider of pickling services for coils and wire rods, has awarded Tenova a contract for an Acid Regeneration Plant (ARP) at its…
Iron ore futures extended losses on Wednesday, as the lack of additional stimulus measures dampened market sentiment. The sharp rally seen before the holidays cooled off after a press briefing by the National…
India became a net steel importer in the first half of FY25, ending September 30, 2024, with steel imports rising 41pct YoY to 4.7 mln tons, while exports dropped 36pct YoY to 2.3 mln tons, according to a Steel Ministry…
Dragon Steel Corporation (DSC) operates Blast Furnace No. 1 at its Taichung plant, which was originally designed, supplied, built, and commissioned by Primetals Technologies in 2010. The furnace has exceeded its…
Cleveland-Cliffs Inc. has announced that it received a "no-action letter" from the Canadian Competition Bureau, indicating that the Commissioner of Competition does not plan to challenge its pending acquisition of…
Iron ore futures reversed earlier gains and posted a loss in post-holiday trading on Tuesday, as markets were disappointed by a recent statement from the National Development and Reform Commission (NDRC), which dampened…
Welspun announced that it has secured a significant order in the U.S. to supply coated HSAW pipes for a natural gas pipeline project, according to a stock exchange filing. The contract is valued at INR 2,400 crore (USD…
Indian structural steel tube manufacturer, Rama Steel Tubes Limited announced its sales volume performance for H1FY25 and Q2FY25. The company registered a sales volume of 50,921.67 tons in Q2 FY25, up sharply by 42.3pct…
Pomini Long Rolling Mills has completed a modernization project at Celsa Armeringsstal in Mo I Rana, Norway. The existing rolling mill, operational since the 1980s, was originally designed and supplied by Pomini SpA…
Tata Steel reported a 4.56pct YoY increase in crude steel production, reaching 5.27 mln tons in Q2 FY25 from its Indian operations. During the same period, Tata Steel India recorded a 5pct YoY rise in deliveries…
The Steel Authority of India Limited (SAIL), India's largest government-owned steel producer, has partnered with leading global resources company BHP to advance steelmaking decarbonization through a signed Memorandum of…
Sweden's SSAB has appointed AFRY as the main engineering partner for its fossil-free steel mini-mill project in Lulea. AFRY will provide basic and detailed engineering services from 2024 to 2026 as part of SSAB's…
British Steel's GBP 26-mln (USD 34 mln) Skinningrove Service Centre will commission its third saw this month, adding to the two already in operation. This marks a significant milestone in the company's investment in…
The Ministry of Trade, Industry, and Energy has launched an anti-dumping investigation into Chinese-origin HRC plates following a complaint from Hyundai Steel on July 31. Hyundai Steel, a leading South Korean steel…
Indonesian steelmaker PT Krakatau Steel's efforts to restructure USD 1.5 bln in loans are highlighting the industry's challenges, according to Bloomberg. The state-owned company is grappling with intense competition…
Outokumpu Mexinox is facing potential delivery delays following recent flooding that temporarily halted production at its facility. On September 15, torrential rains in San Luis Potosi, Mexico, caused flooding at the…
ArcelorMittal Fos-sur-Mer has commissioned its ladle furnace, marking a significant step in the site's contribution to the steel industry's energy transition, the company announced in a press release. The project…
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