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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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2,771 news items in Global Steel News. Show all

Iron ore declines on weak steel demand

China China

Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment. Demand for finished steel remained subdued, with prices coming under pressure amid ample supply and seasonally…

Iron ore gains on stronger PMI data

China China

Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit gains. China's official Purchasing Managers' Index (PMI)…

TYASA orders twin vacuum degassing plant

Mexico Mexico

TYASA has awarded Primetals Technologies a contract to supply a twin vacuum degassing (VD) plant for its steelworks in Ixtaczoquitlan, Mexico, with startup scheduled for October 2027. The new VD plant is expected to…

Iron ore retreats on demand concerns

China China

Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment. The seasonal slowdown in Chinese steel consumption has led to rising inventories of finished steel…

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