Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,768 news items in Global Steel News. Show all
A Russian missile strike on August 11 damaged energy facilities and infrastructure at Metinvest's enterprises in Zaporizhzhia, forcing steel production at the Zaporizhstal plant to a complete halt. Metinvest said the…
Iron ore futures rebounded on Tuesday, supported mainly by a sharp rally in coking coal and coke prices, while near-term supply concerns provided additional support. However, persistent oversupply and weak steel demand…
JSW Steel's consolidated crude steel production increased 3pct YoY to 2.402 mln tons in July 2026 from 2.327 mln tons a year earlier, according to the company's latest production update. Indian operations produced 2.339…
South Korea's KG Steel has contracted Primetals Technologies to modernize its pickling line tandem cold mill (PLTCM) at the company's Dangjin plant. The 18-month project will involve a comprehensive upgrade of the…
South Korea's Hyundai Steel has signed an agreement with global classification and certification body DNV to develop technologies and an international certification system for steel used in the transportation and…
Russia's Magnitogorsk Iron and Steel Works (MMK) has recommissioned Blast Furnace No. 7 following a major overhaul costing RUB 4.8 bln (USD 58.3 mln). The overhaul lasted about a year, with the furnace now reaching its…
Iron ore futures edged lower on Monday, with the market consolidating after last week's recovery as stable global supply and subdued steel demand outweighed concerns over potential disruptions from industrial action at…
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices by INR 200 (USD 2.1) per ton, effective August 8. Following the revision, NMDC's 65.5pct Fe lump ore (10-40 mm) is priced…
Taiwan's China Steel Corporation (CSC) has left domestic prices for all steel products unchanged for September 2026 deliveries, citing signs of stabilization in international steel markets despite continued uncertainty…
Japan's Nippon Steel has commissioned a new hot strip mill at its Nagoya Works, significantly strengthening its production capability for advanced flat steel products, including ultra-high tensile strength (UHSS) steel…
Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing and reduce dependence on imported components, according to local media…
Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex, although weaker Chinese steel production and high port inventories…
China's steel exports declined 4.4pct YoY to around 65 mln tons during the first seven months of 2026, as growing trade barriers and weaker overseas buying continued to weigh on shipments. According to data from the…
Steel Authority of India Limited (SAIL) has commissioned its first micro pellet plant at Rourkela Steel Plant (RSP), supporting greater recycling of steelmaking waste and improved raw material efficiency. The new…
Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition from cheaper imported material. Formosa reduced its latest…
TK Accelis Processing Europe has ramped up its expanded steel processing facility in Stuttgart, Germany, following the commissioning of a new high-performance slitting and packaging line. The company said the new…
Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices supported sentiment, although underlying supply-demand…
Thyssenkrupp Rasselstein is developing a large-scale solar power facility at its tinplate plant in Andernach, Germany, as part of efforts to increase the use of renewable electricity and reduce the carbon footprint of…
French company GravitHy has contracted Danieli to supply a direct reduction plant for its planned green HBI production project at Fos-sur-Mer, France. The facility will use ENERGIRON Zero Reformer technology, jointly…
Spain's Hydnum Steel has secured a EUR 150 mln (USD 173 mln) investment commitment from the Co-investment Fund (FOCO), managed by state-owned COFIDES, supporting the development of its planned green steel plant in…
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