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
Vietnam's Ministry of Industry and Trade has launched an anti-dumping investigation into HRC imports from China and India following complaints from the domestic industry, according to local media reports. In June 2024…
Ovako has announced a EUR 9 mln (USD 9.8 mln) investment in its Smedjebacken steel mill to further enhance innovation and efficiency. This new funding follows previous upgrades, including an exhaust gas filter…
Cogne Acciai Speciali has contracted Danieli Service for a modernization project at its Aosta, Italy, facility. The project will focus on revamping the cooling chamber of the continuous casting machine for special steel…
Iron ore futures fell on Friday due to weak seasonal demand for steel and a lack of stimulus measures from Beijing. Commodity markets were underwhelmed as the government's key meeting this week failed to signal any…
JSW Steel Limited, a major Indian steel producer, has reported its financial results for the first quarter of fiscal year 2025, which ended on June 30, 2024. In Q1 FY25, the company's consolidated profit fell by nearly…
The Competition Commission of India (CCI) has approved the indirect acquisition of Arjas Steel Private Limited (ASPL) and its wholly owned subsidiary, Arjas Modern Steel Private Limited (AMSPL), by The Sandur Manganese…
Italy's Pittini Group has signed a contract with Danieli to upgrade its two-strand wire rod mill and add a new bar finishing facility at the Acciaieria di Verona plant. The upgrade will enable the production of bars…
Iron ore futures extended their losses on Thursday, pressured by ongoing weak steel demand. Traditionally, steel demand slows during the summer, but it has been further impacted by heavy rainfall in several regions of…
Hi-Tech Pipes Ltd., a leading steel tubes and pipes manufacturer in India, has achieved its highest-ever sales volume in Q1FY25. The company reported a significant 45pct increase, reaching a total sales volume of…
Tokyo Steel, a major EAF-based steel producer in Japan, has decided to maintain stable steel prices for July, marking the sixth consecutive month of price stability. The company will hold prices steady, with HRC at JPY…
Nippon Steel Corporation and Sumitomo Corporation have extended their long-term contract with Norwegian energy company Aker BP ASA for OCTG supply until 2034. Aker BP, established in 2016, is Europe's largest…
SMS group and Steel Dynamics (SDI) have celebrated the successful start-up of four new production lines at two locations. The new Continuous Galvanizing Lines (CGLs) and Color Coating Lines (CCLs) in Sinton, Texas, and…
Iron ore and steel futures slumped on Wednesday as weak demand fundamentals continued to weigh on market sentiment. Weak steel mill margins, driven by sluggish steel demand and mounting iron ore port-side inventory…
India was a net importer of steel in Q1 FY25 (April to June), with imports exceeding exports by 0.6 mln tons. Finished steel exports declined consistently due to poor global demand and competition from China, while…
ArcelorMittal Poland placed an order in 2021 with Primetals Technologies for a gas cleaning plant for its blast furnace No. 2 in Dabrowa Gornicza, Poland. Recently, ArcelorMittal granted the final acceptance certificate…
Australian miner Rio Tinto reported a 2pct YoY decrease in iron ore output for Q2 2024, producing 79.5 mln tons. The company also saw a 2pct decline in iron ore production for the first half of 2024. Despite…
Iron ore futures declined on Tuesday as demand concerns overshadowed persistent hopes for stimulus measures. According to recent data from the China Iron and Steel Association (CISA), major member steel producers…
JFE Steel Corporation announced that its JGreeX green-steel wire rod will be used for the wire handles of "LOOPOX" containers, designed for storing and transporting recycled resources. This marks the first use of JGreeX…
SSAB and Danieli have signed an Early Service Agreement (ESA) for the pre-engineering phase of the Lulea mini-mill project in Sweden. Danieli will provide a highly automated mini-mill solution featuring two electric arc…
Cobra IS, a subsidiary of Vinci, has been awarded a contract by SMS Group GmbH to perform piping and mechanical works at Thyssenkrupp Steel Europe's production plant in Duisburg, Germany. The contract is valued at EUR…
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