Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,789 news items in Global Steel News. Show all
Baoshan Iron & Steel Co. Ltd., a leading global steel producer, has placed an order with Friedrich Kocks GmbH & Co. KG for a state-of-the-art Reducing & Sizing Block (RSB) as part of a greenfield project. The advanced…
Indian state-owned iron ore miner NMDC reported a 1.33pct YoY increase in production, reaching 3.04 mln tons in September, up from 3 mln tons in the same month last year, according to a BSE filing. Sales also rose by…
Hyundai Steel in Dangjin, South Korea, has ordered a blast furnace gas injection study from Primetals Technologies, set to be conducted in two phases. Phase 1 will assess the effects of injecting hydrogen-bearing gases…
Italy's Acciaierie Venete has awarded AIC an order to automate the control systems of the rolling mill, shears, and cooling bed entry line at its Buja plant. In this project, AIC focused on implementing critical control…
Shandong Shouguang Juneng Special Steel is the first steelmaker in China to utilize the advanced Danieli Drawer technology for SBQ production, enhancing both quality and flexibility. This technology is part of the…
India's leading iron ore producer and exporter, the National Mineral Development Corporation (NMDC), has raised prices by INR 400 (USD 4.76) per ton for both lump and fines iron ore. According to a stock exchange…
Vietnam's leading steel producer, Hoa Phat, has raised domestic prices for HRC scheduled for December delivery. The company is now offering HRC in SAE 1006 and SS400 grades to domestic buyers at around USD 548-550 per…
SSAB and Norway's Smith Stal have signed a letter of intent for future deliveries of fossil-free steel. Smith Stal is a major distributor of value-added steels and metals in Norway, offering a comprehensive range of…
India's Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into imports of cold-rolled non-oriented electrical steel (CRNGO) from China, according to an official notification. The…
The UK Government has accepted the Trade Remedies Authority's (TRA) recommendation to modify the tariff rate quota (TRQ) on imports of category 1 (HRC). These changes will take effect from October 1, 2024, according to…
Singapore's Mlion Corporation Pte Ltd has announced a strategic minority investment from Nippon Steel Trading Corporation (NST) to strengthen its presence in key ASEAN markets, including Singapore and the Philippines…
Spain's Hydnum Steel, the first green steel plant on the Iberian Peninsula, has signed a Memorandum of Understanding with Knauf Interfer, a leading European steel processing and distribution company. This partnership…
Iron ore and other raw materials, along with steel futures, posted sharp gains during pre-holiday trading on Monday, driven by Beijing's latest stimulus measures that have improved market sentiment and the outlook for…
Jindal Stainless, India's largest stainless steel manufacturer, has teamed up with CJ Darcl Logistics Limited to develop lightweight and sustainable stainless steel containers. These containers are made from…
Tata Steel has announced the closure of Blast Furnace 4 and other associated iron and steelmaking assets at Port Talbot, the UK's largest steel plant, marking the end of over 100 years of ironmaking at the site. The…
SSAB and Alstom have partnered to supply steel with near-zero fossil carbon emissions. The first delivery of SSAB Zero will occur this year for Alstom's Traxx Shunter locomotives, designed for shunting and trackwork…
Iron ore futures extended their rally for a fourth consecutive session on Friday, driven by Beijing's recent stimulus measures. This week, China's central bank announced a reduction in the reserve requirement ratio…
The Indian government is exploring the merger of Rashtriya Ispat Nigam Ltd (RINL) with another state-owned steel company, SAIL, as a potential solution to address RINL's financial and operational challenges. RINL…
The Indonesian government aims to finalize a loan restructuring agreement next month between PT Krakatau Steel, the nation's largest steelmaker, and its lenders, as reported by Bloomberg. Discussions have been ongoing…
Wabash, North America's largest producer of semi-trailers and liquid transportation systems, has announced a 10-year strategic agreement with Steel Dynamics, Inc., a leading steel producer and metal recycler. This…
“Premium Content” marks a news item that needs a subscription to read in full.
