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…
Baoshan Iron & Steel (Baosteel) has successfully rolled the first bar at its new KOCKS RSB 370++/4 Reducing & Sizing Block, marking the commissioning of a new special bar quality (SBQ) rolling mill at its greenfield…
JSW Steel reported consolidated crude steel production of 6.59 mln tons in the first quarter of FY2027, up 3pct YoY and 2pct from the previous quarter. Indian operations accounted for 6.35 mln tons, increasing 3pct from…
Vietnam's leading steelmaker Hoa Phat Group produced more than 3.6 mln tons of crude steel in the second quarter of 2026, up 48pct YoY and 9pct from the previous quarter, driven by higher output across its integrated…
Salzgitter AG has completed the acquisition of the remaining shares in Huttenwerke Krupp Mannesmann (HKM) from Thyssenkrupp Steel Europe and Vallourec, making the integrated steelworks in Duisburg a wholly owned…
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…
Baosteel has successfully commissioned its new two-strand No. 6 slab caster at its Baoshan steelworks in Shanghai, supplied by Primetals Technologies, expanding its capability to produce both conventional and high-end…
Tata Steel reported crude steel production in India of 5.82 mln tons during the April-June (Q1 FY2027) period, up 11pct YoY from 5.23 mln tons, driven by higher output at its Jamshedpur and Kalinganagar plants. Steel…
Vallourec has received certification from the Global Steel Climate Council (GSCC) for its science-based decarbonization pathway, confirming that the company's emissions reduction strategy is aligned with the Paris…
Bekaert and CITIC Special Steel have signed a strategic cooperation agreement to explore the use of recycled steel recovered from end-of-life tires in the production of new tire reinforcement products. Under the…
The global long steel products market remained under pressure in recent weeks, with weak demand, excess supply and intense competition continuing to weigh on prices and margins, according to the latest short-range…
Iron ore futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal, although the medium-term outlook remained weak due to soft…
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…
Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move by Hoa Phat amid weak market demand. The producer is now…
PT Krakatau Steel has signed a memorandum of understanding (MoU) with India's Steel Authority of India Ltd. (SAIL) to explore the establishment of a joint venture for the production of stainless steel slabs in…
Dutch public prosecutors have decided to bring criminal charges against Tata Steel IJmuiden over alleged environmental violations following a years-long investigation into pollution from the company's steelworks…
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 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…
Kenya's steel industry is operating at only 36pct of its installed production capacity of 4.2 mln tons as manufacturers continue to struggle with high energy costs, low-priced imports and the influx of substandard steel…
Canada Nickel Company has signed a memorandum of understanding (MoU) with RWE Supply & Trading GmbH (RWEST) to support the commercialization of low-carbon intermediate stainless and alloy steel products from its Net…