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
Hyundai Steel has commissioned the first foundry-rated robotic wire rod coil trimming and sampling system at its Dangjin wire rod mill in South Korea following final acceptance of the project supplied by Primetals…
Bangladesh's largest steelmaker BSRM plans to invest around BDT 100 bln (USD 810 mln) to build the country's first integrated hot-rolled flat steel plant at the Mirsarai Economic Zone, according to local media reports…
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over the medium-term demand outlook. According to the China…
Indian steel exporters will be able to ship more than 1.1 mln tons of steel annually to the UK duty-free under the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into force on July 15. The…
Govt nationalizes British Steel to safeguard domestic steel production The UK government has taken British Steel into public ownership after the Steel Industry (Nationalization) Act received Royal Assent, saying the…
Tenaris has commissioned two new photovoltaic plants at its Sabbio Bergamasco and Arcore facilities in Italy as part of its strategy to reduce CO2 emissions by 30pct by 2030 compared with 2018 levels. The two solar…
Rio Tinto reported a 6pct YoY increase in Pilbara iron ore production to 162.3 mln tons during the first half of 2026, supported by productivity improvements across its mining operations, while iron ore sales from the…
Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the medium-term outlook. China's crude steel production increased…
China's Henan Jiyuan Iron & Steel has awarded Danieli a contract to supply a new four-strand bow-type continuous casting machine (CCM) for its steelworks in Henan province. The new caster, scheduled to start up in 2027…
Outokumpu Stainless USA has placed an order with Primetals Technologies for a 180-ton twin ladle furnace to be installed at its stainless steel facility in Calvert, Alabama. The new furnace will replace a ladle…
Uzbekistan has commissioned its first hot rolled steel sheet production complex following the inauguration of a new casting and rolling facility at the Uzbek Metallurgical Plant (Uzmetkombinat) in Bekabad. President…
Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill profitability. Iron ore prices found support after workers at BHP's…
China's steel exports declined 5.6pct YoY to 54.87 mln tons during the first half of 2026, reflecting growing trade barriers in key export markets and disruptions to shipments caused by the Middle East conflict. The…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products by TWD 800 (USD 25) per ton for August 2026 deliveries, reflecting weak regional market conditions and sluggish…
Metalloinvest has completed the pilot operation of the second crushing and conveyor complex (CCC-2) at its Mikhailovsky Mining and Processing Plant (Mikhailovsky GOK), with the facility reaching its designed monthly…
Iron ore futures fell on Friday as the demand outlook remained weak, with seasonal slowdown in steel consumption continuing to pressure Chinese steel mills' margins. Market insiders said sluggish steel demand and rising…
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices effective July 10, lowering lump ore prices by INR 250 (USD 2.6) per ton and fines prices by INR 150 (USD 1.56) per ton…
JSW Steel Italy has signed a program agreement with the Italian government, local authorities and trade unions to advance the revitalization of the Piombino steelworks, providing a framework for implementing the site's…
Marcegaglia has awarded Fives a contract to modernize the annealing and pickling line (APL) at its Gazoldo degli Ippoliti stainless steel plant in Italy, as part of its strategy to further automate production and…
Greensteel Australia will invest AUD 500 mln to build Australia's first new steel mill in more than 30 years at the former BHP Newcastle Steelworks site in Mayfield, New South Wales. The all-electric plant, expected to…
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