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 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)…
Tenaris has awarded Tenova, through its U.S. subsidiary Tenova Inc., a contract to modernize the electric arc furnace (EAF) at its steel mill in Koppel, Pennsylvania, as part of the pipemaker's recently announced USD 90…
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…
SSAB has temporarily suspended work in parts of the construction site for its new fossil-free steel plant in Lulea, Sweden, after personal gas detectors recorded low levels of hydrogen cyanide. The company said the…
The European Union's new steel trade protection measures entered into force on 1 July 2026, replacing the previous steel safeguard regime with a revised tariff-rate quota (TRQ) system aimed at addressing persistent…
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron ore continues to face supply-side pressure…
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of hot rolled flat products of alloy or non-alloy steel originating in or exported from China, Japan and…
Hybar LLC has secured USD 1.1 bln in financing to build a second environmentally sustainable scrap-based rebar mill adjacent to its existing facility in northeast Arkansas, doubling the company's production capacity…
Spain's Tubacex has secured new orders worth more than EUR 80 mln (USD 91 mln) for the supply of umbilical tubes to one of the world's leading subsea technology providers, reinforcing its position in the high-value…
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from the China Iron and Steel Association…
India's RHI Magnesita India has approved the formation of a joint venture with Khemka Refractories Private Limited to establish a greenfield refractory recycling facility in the eastern state of Odisha, according to the…
South Korea has imposed definitive anti-dumping duties on imports of hot rolled carbon steel and alloy steel flat products originating from Japan and China, following an investigation that found dumped imports had…
The UK government has finalized a new steel trade measure that will take effect on July 1, 2026, replacing the existing steel safeguard regime with a revised tariff-rate quota (TRQ) system featuring significantly lower…
French water infrastructure specialist Tubao has begun using ArcelorMittal's XCarb recycled and renewably produced steel in its hot-dip galvanized metallic tubes, supporting efforts to decarbonize hydraulic…
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…
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of Cold Rolled Grain Oriented Electrical Steel (CRGO) and Amorphous Metal (AM) originating in or exported…
U.S. Steel's Board of Directors has approved a USD 475 mln investment to install a new state-of-the-art quench and temper (Q&T) line at its Fairfield Tubular Operations in Alabama. The project is designed to expand the…
The United States imported approximately 1.92 mln metric tons (2.117 mln net tons) of steel in May 2026, including 1.41 mln metric tons (1.554 mln net tons) of finished steel, according to preliminary data from the…
Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has completed a major modernization project at its oxygen converter shop with the installation of combined inert gas bottom purging systems on all three…