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
Iron ore futures continued their upward trend on Thursday, driven by recent property-supportive measures, though long-term demand concerns remain. The National Financial Regulatory Administration (NFRA) reported that…
Tokyo Steel, a leading EAF-based steel producer in Japan, has decided to maintain stable steel prices for September, marking the seventh consecutive month of price stability. Base prices will remain unchanged, with HRC…
Brazil's Secretariat of Foreign Trade (Secex) has officially launched an anti-dumping investigation into cold rolled flat steel imports from China, according to a recent notification. The investigation, initiated…
ArcelorMittal Brazil has signed contracts for two solar energy projects totaling 465 MW, which will cover 14pct of its current electricity needs. The first project, a 200 MW solar plant in Bahia, is a joint venture with…
Whitehaven Coal has announced separate binding agreements to sell a 20pct stake in the Blackwater coal mine to Nippon Steel Corporation and a 10pct stake to JFE Steel Corporation for a total of USD 1.08 bln. The deals…
Iron ore futures surged on Wednesday, driven by positive market sentiment following several supportive property-related measures. According to the National Financial Regulatory Administration (NFRA), China's commercial…
India remained a net importer of steel in the first four months of the current fiscal year, which began in April, with China being its largest supplier, according to provisional government data reported by Reuters…
U.S. steel producer NLMK Indiana has successfully commissioned a revamped 118-ton electric arc furnace (EAF) at its Portage, Indiana plant, following a six-week shutdown. The furnace, upgraded by Primetals Technologies…
Siemens Smart Infrastructure, through its German subsidiary Alpha Verteilertechnik, has introduced a new addition to its sustainable steel product line. The SIVACON 8MF1 industrial control cabinet series, now available…
Dalian iron ore futures extended gains on Tuesday, driven by hopes for improving steel demand, though concerns about long-term demand remain. Analysts noted a decline in steel inventories at major Chinese warehouses…
The European Carbon Border Adjustment Mechanism (CBAM) tax on steel imports and the increasing need for industry decarbonization have led India to reassess its seven-year-old National Steel Policy (NSP), according to…
Thyssenkrupp is expanding its low-carbon steel production research through a collaboration with BlueScope Steel, focusing on smelting units crucial for transitioning to carbon-neutral steel. The partnership aims to…
Fortescue has commenced work on its Green Metal Project in the Pilbara region of Western Australia, advancing its goal to create a green metal supply chain, the iron ore miner said in a press release. Located at the…
Dalian iron ore futures posted gains on Monday, recovering from earlier losses as expectations of improved steel demand supported the market, although long-term demand concerns persist. Analysts noted that better…
The demand for colour-coated steel products is set to grow by 8-10pct each year on an average driven by demand from the construction segment and manufacturers of appliances and white goods, Ranjan Dhar, the director for…
Voestalpine is expanding its production capacity in Indiana, USA, with a USD 78 mln investment to meet the demands of new long-term contracts with two global truck manufacturers for the North American market. The…
Australian iron ore miner Rio Tinto and Chinese mining equipment giant XCMG have signed a global cooperation framework agreement in Conakry, Guinea's capital. Simultaneously, XCMG and SimFer Company, a joint venture…
Iron ore futures fell for a fifth consecutive session on Friday as a bearish demand outlook continued to weigh on market sentiment. Iron ore futures also dropped 6pct compared to the previous Friday's morning session…
The Indian Ministry of Commerce and Industry has initiated an anti-dumping investigation into HR flat steel imports from Vietnam, according to a gazette notification. The investigation follows an application by the…
Jindal Stainless, India's largest stainless steel manufacturer, has commissioned its nickel pig iron smelter facility in Halmahera Islands, Indonesia, eight months ahead of schedule, according to a stock exchange…
“Premium Content” marks a news item that needs a subscription to read in full.
