India's Shyam Metalics and Energy announced a significant increase in its stainless steel production, which surged 100.69pct YoY to 7,015 tons in June 2024, compared to 3,496 tons in June 2023. However, the production…
Blastr Green Steel has selected Primetals Technologies as its technological partner for a new 2.5 mln tons-per-year steel production complex near Helsinki, Finland. The plant, powered entirely by green hydrogen…
Montenegro's state-controlled power utility EPCG has initiated a new tender to lease the production facilities of the troubled steel mill EPCG Zeljezara Niksic, aimed at revitalizing production at the plant. According…
Iron ore futures dropped on Monday as weak fundamentals, driven by sluggish steel demand, weighed on market sentiments. Concerns over long-term demand outlook were exacerbated by mounting port-side iron ore inventory…
Tata Steel reported a 5pct YoY increase in crude steel production to 5.25 mln tons in Q1 FY25 in its Indian operations. However, production was lower compared to the previous quarter due to planned maintenance…
ArcelorMittal and Mitsubishi Heavy Industries, Ltd. (MHI) are partnering with climate tech company D-CRBN to trial a new technology that converts carbon dioxide (CO2) captured at ArcelorMittal's plant in Gent, Belgium…
The global long steel products market is increasingly unstable, with China moving steel billets at the lowest prices. Chinese finished products dominate most markets in both long and flat segments, with no signs of…
Iron ore futures dropped on Friday due to weak steel output figures and slow steel demand, negatively impacting market sentiment. Based on recent figures released by the China Iron and Steel Association (CISA), major…
The Steel Executives Federation of India (SEFI) has urged the steel ministry to merge state-run Rashtriya Ispat Nigam Limited (RINL), Ferro Scrap Nigam Limited (FSNL) and Nagarnar steel plant with the Steel Authority of…
Italian steel manufacturer, Acciaieria Arvedi and Gestamp, the Spanish multinational specializing in the design, development, and manufacture of metal components for the automotive industry, have signed an agreement to…
Fortescue and Liebherr Mining have announced a partnership to jointly develop and validate a fully integrated Autonomous Haulage Solution (AHS), aiming to be the first to operate zero-emissions vehicles globally. Zero…
Iron ore futures saw their fifth consecutive session of gains on Thursday, buoyed by robust short-term demand and ongoing expectations of further stimulus measures. Chinese steel producers are maintaining production…
Baosteel, the world's largest steel producer and part of the Baowu Group, has signed a contract with Primetals Technologies for a new continuous casting project in Shanghai. This marks the third caster order from Baowu…
Steel Exchange India announced the progress of its expansion projects in a stock exchange filing. The company has allocated INR 60 crore (USD 7.1 mln) in capital expenditure to increase the installed capacity at its…
Blastr Green Steel has partnered with Lhoist, a global leader in lime, dolime, and mineral solutions, to supply low-carbon lime and dolime for Blastr's future steel plant in Inkoo, Finland. This collaboration aims to…
Iron ore futures continued to post gains on Wednesday, driven by near-term demand and expectations of additional stimulus from a key government meeting scheduled for mid-July. Improved data from the real estate sector…
Nippon Steel Corporation and Sumitomo Corporation have renewed a long-term contract with Equinor ASA for the supply of OCTG (Oil Country Tubular Goods) for up to 9 years, to be used in Norway and internationally. For…
Vallourec, a global leader in premium tubular solutions, has secured approvals from Brazil's state environmental authority (COPAM) and federal mining regulator (ANM) to proceed with the first phase extension of its Pau…
TenarisDalmine, a global leader in pipe manufacturing and related services for the energy industry, has launched Italy's first trial using hydrogen at a steel plant to process steel products. This collaboration involves…
Dalian iron ore futures extended their gains on Tuesday, driven by expectations of additional stimulus measures. Despite the traditional summer slowdown in construction activity leading to weaker steel demand and…