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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

Iron ore edges higher, weak fundamentals cap gains

China China

Iron ore futures rose slightly on Friday, supported by expectations of tighter near-term supply, although weak steel demand and declining hot metal output continued to limit further gains. Markets continued to balance…

Iron ore rises slightly, demand concerns remain

China China

Iron ore futures edged higher on Thursday, supported by concerns over a potential supply disruption at BHP's Port Hedland operations in Western Australia, although weakening steel demand continued to limit price gains…

Finished steel demand rises in Q1 FY2026

India India

India's finished steel consumption increased 7.2pct YoY to 41.6 mln tons during the April-June (Q1 FY2026) period, supported by continued demand from the infrastructure, construction and manufacturing sectors. During…

Iron ore slips on weak demand outlook

China China

Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain. Market sources said the seasonal slowdown in steel consumption has…

Baosteel orders two seamless tube rolling lines

China China

Baosteel Steel Pipe (Ma'anshan) Science and Technology Co., Ltd. has awarded SMS group a contract to supply two PQF (Premium Quality Finishing) seamless tube rolling lines for its plant in Ma'anshan, Anhui Province…

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