Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,768 news items in Global Steel News. Show all
Kazakhstan's integrated steelmaker Qarmet plans to begin producing automotive-grade steel sheet in 2028, with serial production of automotive body panels scheduled to start in 2029, as part of efforts to develop a…
Iron ore futures posted gains on Thursday as expectations of additional Chinese policy support ahead of next week's Politburo meeting lifted market sentiment, while higher freight costs increased the delivered cost of…
State-owned Steel Authority of India Ltd (SAIL) has approved, in principle, the expansion of its flagship Bhilai Steel Plant in Chhattisgarh, increasing crude steel production capacity from 6.8 mln tons per year to 10.2…
Romania's Liberty Galati has begun a partial restart of operations after securing tolling agreements with commodities trader Glencore and Turkish steel service center Kaiseri Metal Center (KMC), marking the first…
ArcelorMittal has signed an agreement with Spanish energy company Moeve to acquire Energy Savings Certificates (CAEs) covering 2.1 TWh of annual energy savings, marking the largest transaction of its kind in Spain. The…
Iron ore futures weakened on Wednesday as expectations of rising global supply continued to pressure the market, while increased blast furnace maintenance at Chinese steel mills added to concerns over near-term demand…
China's Chengde Jianlong has completed the commissioning of a Kocks RSB 500++/4 reducing and sizing block, following the issuance of the Final Acceptance Certificate (FAC), enabling the production of larger-sized…
Vallourec has secured a contract from offshore engineering company Allseas to supply seamless carbon steel line pipes and thermal insulation coating for the Atapu 2 offshore oil and gas project in Brazil, developed by…
Germany-based steel processor Wuppermann Group and Swedish green steel producer Stegra have signed a long-term tolling agreement under which Wuppermann will galvanize Stegra's near-zero emission steel products to serve…
Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of rising global supply kept sentiment weak. Market insiders…
China's Wuhan Iron and Steel Co. (WISCO), a subsidiary of Baowu Steel Group, has awarded Primetals Technologies a contract to convert its compact strip production (CSP) line into a conventional hot strip mill (HSM)…
Spanish seamless tube producer Tubos Reunidos has supplied 160 tons of seamless stainless steel tubes for the Gorakhpur Nuclear Power Plant (GHAVP) in India, strengthening its presence in the global nuclear supply…
US-based Steel Dynamics reported stronger second-quarter results, supported by improved steel prices, record shipments and solid demand across key end-use sectors. The company said favorable market conditions continued…
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron ore arrivals in China. Market insiders said heavy rainfall…
Jindal Stainless Limited (JSL) has supplied around 40pct of the stainless steel used in India's first hydrogen-powered train, supporting the country's efforts to develop low-emission rail transport. The company produced…
U.S. Steel's Big River Steel mill in Arkansas will supply more than 142,000 tons of steel coils for the first two phases of the Steel River Energy Center, one of the largest solar and battery storage projects under…
China's Jingye Group has demanded compensation following the nationalization of British Steel, saying it has initiated consultations under the China-UK bilateral investment treaty and reserved the right to pursue…
Germany's Salzgitter AG has raised its financial guidance for 2026 after reporting significantly improved preliminary results for the first half of the year, driven by stronger performances in its steel production…
Iron ore futures edged higher on Friday as tighter port supplies and continued inventory drawdowns in China lent support to the market, although weak downstream steel demand continued to cap gains. Market insiders said…
India's JSW Steel reported higher revenue and profit for the first quarter of fiscal year 2026-27, supported by record first-quarter steel sales, improved realizations and stronger operating margins. Revenue from…
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