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 Stainless supplied stainless steel to manufacture 100 freight wagons, being exported to Mozambique, the company announced in a press release. These wagons, made up of grade IRSM 44 stainless steel specially…
Primetals Technologies has successfully obtained the final acceptance certificate (FAC) for a plate finishing mill installed at Kobe Steel's Kakogawa plant in Japan. This investment, initiated in 2021, aimed to…
JFE Steel's JGreeX green steel, known for its reduced environmental impact, has been chosen by a leading U.S. manufacturer of IT data center transformers, marking its debut in the United States. The order will be…
Tokyo Steel, a major EAF-based steel producer in Japan, has decided to maintain stable steel prices for July, marking the fifth consecutive month of price stability. The company will hold prices steady, with HRC at JPY…
JFE Steel Corporation announced the successful demonstration of its innovative radiant tube burner, developed quickly using digital twin technology. Implemented at a cold rolling plant in the Chiba District of the…
SMS has successfully completed the commissioning of a new Paul Wurth Parallel Hopper Bell Less Top (BLT) in blast furnace A at Salzgitter Flachstahl GmbH. This upgrade involved replacing the outdated BLT system from…
SSAB and Firth Steels forge a long-term partnership to supply steel with virtually zero fossil carbon emissions, aiding Firth Steels' sustainability goals. Firth Steels, a major UK manufacturer of steel profile products…
Iron ore futures extended their gains on Friday, buoyed by increased steel output, though the demand outlook remained bleak due to weak fundamentals. According to the China Iron and Steel Association (CISA), member…
Jindal Stainless has completed the acquisition of the remaining 46pct stake in Chromeni Steels (CSPL) for a total consideration of INR 277.90 crore (USD 33.2 mln). CSPL operates a cold rolling mill in Mundra, Gujarat…
The Indian Government has announced a USD 54.4 mln auction to promote hydrogen use in the steel and iron sector. MECON, the Scheme Implementing Agency (SIA), has issued a Request for Proposal (RFP) for hydrogen…
Germany's antitrust regulator has approved the sale of a minority stake in Thyssenkrupp's steel business to Czech tycoon Daniel Kretinsky's EP Corporate Group. According to a spokesman for the German company, the…
Iron ore futures prices posted gains on Thursday, supported by a pledge from China's central bank to support the country’s struggling property sector. However, the demand outlook remained bearish due to weak…
Steel Authority of India (SAIL) plans to establish a modern steel plant in Burnpur, West Bengal. The plant, near the existing IISCO Steel Plant, will have a capacity of 4.08 mln tons and is awaiting final vendor…
Tokyo Steel Japan introduces Enso, its new green steel brand symbolizing the circular economy. Developed in partnership with global steel trading firm Stemcor, the Enso logo transitions from charcoal to green…
SSAB collaborates with ILAB Container AB to introduce fossil-free steel into container manufacturing, aiming for a launch by 2026. ILAB Container AB specializes in producing environmentally friendly containers for the…
Outokumpu, a leader in sustainable stainless steel, implemented AI and safety inspection robots a year ago to enhance health and safety monitoring at its facilities. The partnership with Swiss robotics company…
Iron ore futures extended losses on Wednesday, as market sentiments remained negative despite improved economic data. China's factory price deflation eased slightly, and the consumer price index increased marginally…
India's finished steel imports hit a five-year high in the first two months of the fiscal year 2024-25 starting in April, maintaining the country's status as a net importer, according to provisional government data…
JFE Steel Corporation introduces its wall bending and restrike method, chosen by Kyoho Machine Works, Ltd., a Japanese auto parts manufacturer, to address springback in pressing 1180MPa-grade ultra-high-strength steel…
SSAB has partnered with K-Tec, Canada’s premier original equipment manufacturer of heavy-duty earth scrapers, to introduce SSAB Fossil-free steel into its earthmoving product line. As part of the K.A. Group, K-Tec takes…
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