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
Outokumpu, the global leader in stainless steel, is partnering with Nordic Steel, Norway's leading competence centre in steel, to introduce sustainable stainless steel in Norway. Outokumpu’s Circle Green is the world’s…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
NINL, a 1.1-mln-ton steel manufacturing unit in Odisha, has reached 100 pct capacity utilisation within one year of its acquisition by Tata Steel. On July 4, 2022, the steel major completed the acquisition of Neelachal…
Vietnamese steel producer, Hoa Phat has successfully commenced operations at its upgraded QSP plant in Dung Quat. The expansion project, conducted by Danieli, focused on enhancing the existing Danieli QSP - Quality…
Sweden’s H2 Green Steel (H2GS) has signed a 7-year binding agreement with ZF, one of the biggest suppliers to the automotive industry globally. Deliveries of near zero emissions steel are set to begin in 2026. ZF…
ArcelorMittal, the world’s leading steel and mining company, and Snop, a major tier-one European automotive supplier, have signed a sustainability-focused memorandum of understanding (MoU) at Snop’s headquarters in…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices help the world's biggest producer offload surplus metal due to weak demand at home. China's massive…
ABB has been appointed to provide electrification and automation systems for ArcelorMittal Nippon Steel India’s (AM/NS India) advanced steel cold rolling mill (CRM) in Hazira, Gujarat. The contract at the flagship…
India’s NMDC Steel Limited (NSL) has commenced trial production of HRC from its rolling mill. The NSL team, along with MECON and technology provider Danieli, successfully completed integrated trial runs by utilizing…
Preliminary data from the Census Bureau reveals that the United States imported a total of 2.31 mln tons of steel in May 2023. Among these imports, finished steel amounted to 1.86 mln tons, marking a decrease of 2.6pct…
The UK government has announced its decision to maintain the anti-dumping measure on heavy plate steel imports from China, as recommended by the Trade Remedies Authority (TRA). This measure will remain in place for an…
Tata Steel UK has achieved a significant milestone in its decarbonisation journey after delivering its first Optemis Carbon Lite steel to infrastructure supplier, Boecker Stahl-Service. The 22-ton hot dip galvanised…
Union Steel Minister Jyotiraditya M Scindia virtually inaugurated SAIL's INR 149-crore (USD 18 mln) beneficiation project at Kanker, Chhattisgarh. The project includes a silica reduction plant at Dalli iron ore mines…
Outokumpu, the global leader in stainless steel, is partnering with Thyssenkrupp Materials Processing Europe, a leading steel and aluminium service centre, and Boysen Group, a premium exhaust system manufacturer, to…
Magnitogorsk Iron and Steel Works (MMK) has upgraded its system for optimising sales and production planning, which now covers the company’s entire production cycle. Thanks to the upgrade, MMK’s production in the areas…
Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit and a prolonged period below USD 2,400 a ton is likely to trigger output cuts. Used for…
According to data from the Steel Ministry, several key export markets for India's steel, including Vietnam, Italy, Spain, Belgium, UAE, and others, either reduced their orders or maintained them at the same level in May…
India plans to widen the range of steel grades covered by a government incentive program in a bid to boost output and back Prime Minister Narendra Modi’s goal to establish the nation as a global manufacturing hub. The…
Jindal Steel & Power (JSP) has joined ResponsibleSteel, showcasing their dedication to our mission of being a catalyst for socially and environmentally responsible production of net-zero steel on a global scale. As a…
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