Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,789 news items in Global Steel News. Show all
Jindal Steel and Power has contracted Primetals Technologies to engineer a new Hydrogen-Bearing Syn-Gas Injection System and provide site advisory services for installation and commissioning. This system will integrate…
Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel's selection of Linde…
Brazilian iron ore miner Vale and Midrex Technologies, Inc. have signed a Technical Cooperation Agreement to advance the use of iron ore briquettes in direct reduction plants, aiming to support steelmaking…
Iron ore futures extended their losses for a fourth consecutive session on Wednesday, as market sentiment remained pessimistic. The bearish outlook was driven by higher port-side iron ore inventories and weak steel mill…
India's Union Steel Minister, H D Kumaraswamy, announced plans to advocate for an increase in steel import duties to counter the dumping of cheap Chinese steel. Speaking at the Fifth Steel Conclave organized by the…
India's Rama Steel Tubes has announced a strategic collaboration with Onix Renewable to supply steel structures for Onix's solar projects. The partnership aims to leverage Rama Steel Tubes' expertise to provide steel…
Hydnum Steel, Spain's first green steel plant, has signed a Memorandum of Understanding (MoU) with Euroports, a leading European port and logistics operator, to develop integrated logistics solutions for optimizing the…
Iron ore futures tumbled on Tuesday, pressured by a bearish demand outlook driven by a contraction in manufacturing. The official manufacturing PMI fell to a six-month low of 49.1, according to the National Bureau of…
Indian state-owned iron ore miner NMDC reported a nearly 10pct YoY decline in production, reaching 3.07 mln tons in August compared to 3.41 mln tons in August of the previous year, according to a BSE filing. Sales also…
Nippon Steel stated that its planned acquisition of U.S. Steel will benefit the U.S., countering recent opposition from U.S. Vice President Kamala Harris. The company is confident that the acquisition will revitalize…
Johnny Sjostrom has been appointed President and CEO of SSAB, effective October 28, 2024. He currently leads SSAB Special Steels and will succeed Martin Lindqvist, who is transitioning to a board career. Sjostrom, who…
Russian steel producer Severstal has completed the construction of a roll forming unit for cold-formed sheet piles at its Cherepovets Metallurgical Plant. The new unit, with an annual capacity of 60,000 tons, makes…
Iron ore futures plunged on Monday, weighed down by weak official PMI data. The manufacturing PMI dropped to a six-month low of 49.1, according to the National Bureau of Statistics, intensifying pressure on Beijing to…
Sandur Manganese & Iron Ores has received Environmental Clearance (EC) from the Ministry of Environment, Forest, and Climate Change (MoEFCC) for its Ramghad Manganese & Iron Ore Mines. The clearance permits iron ore…
UK Steel has published a report on industrial electricity prices, revealing a significant gap between what UK steelmakers and their European counterparts pay. The report outlines three recommendations to align UK…
Iron ore futures declined on Friday as market remained cautious due to ongoing demand concerns. Iron ore inventories at major Chinese ports rose on a weekly basis, while weak profitability at steel mills kept the…
Nippon Steel and other Japanese steelmakers are urging Tokyo to curb cheap steel imports from China to protect the domestic market, according to Nippon Steel Vice Chairman Takahiro Mori, as reported by Reuters. China's…
Mexican steel producer Talleres y Aceros S.A. de C.V. (TYASA) plans to expand into automotive-grade steel to meet rising demand from the growing automotive industry in Mexico. To support this, TYASA has enlisted…
Tata Steel UK's Llanwern steelworks has set a new weekly output record of 14,077 tons, surpassing the previous record by 242 tons, following the introduction of a new technology system on its Zodiac galvanizing line…
Salzgitter Mannesmann Handel GmbH, a subsidiary of Salzgitter AG, has launched a new tool for calculating the product carbon footprint (PCF) of its steel products. This tool provides complete transparency by offering…
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