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 futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook remained bearish. Market insiders said…
Vietnamese steel producer Hoa Phat Dung Quat Steel has successfully commissioned a new slab casting and hot strip mill complex at its Dung Quat steelworks in Quang Ngai province, with technology supplied by Primetals…
Tenaris has announced plans to invest more than USD 90 mln in its steelmaking and seamless pipe manufacturing facilities in Pennsylvania, as part of efforts to improve efficiency, increase production capacity and…
Sweden's green steel producer Stegra has completed its previously announced EUR 1.4 bln (USD 1.58 bln) financing round, securing support from a consortium led by Wallenberg Investments alongside existing shareholders…
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market confidence. Market analysts said Chinese steel mills are…
China's Shougang Jingtang United Iron & Steel (SGJT) has surpassed 10 mln tons of hot-rolled steel production at its Danieli QSP-DUE (Danieli Universal Endless) casting and rolling line, marking a significant milestone…
India's state-owned iron ore producer NMDC Limited has awarded a contract worth INR 29.77 bln (USD 314 mln), including GST, to railway infrastructure company Rail Vikas Nigam Limited (RVNL) for the development of buffer…
SSAB Americas has partnered with railcar manufacturer Greenbrier and metal recycler Alter Trading to launch a closed-loop steel recycling initiative in the United States aimed at demonstrating the circular use of…
ArcelorMittal has announced a strategic partnership with Amazon Web Services (AWS) to accelerate the adoption of cloud computing, artificial intelligence and industrial automation across its global steelmaking…
Uzbekistan's Tashkent Pipe Plant (TPP) has secured a loan of up to USD 25 mln from the European Bank for Reconstruction and Development (EBRD) to support energy-efficiency upgrades and expand its long steel and pipe…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply concerns eased, with…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third quarter. For July…
Bangladesh's steel industry has called on the government to withdraw proposed increases in VAT and import duties included in the 2026-27 national budget, warning that the measures could significantly raise production…
Italian steel producer AFV Beltrame has launched a major modernization project at its rolling mill facilities, appointing AIC Group to upgrade safety, automation and control systems. The project includes the…
Ukraine-based Interpipe has highlighted its long-term supply of railway wheels for the PATH (Port Authority Trans-Hudson) rapid transit system in the United States, reinforcing its presence in the passenger rail…
Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan, Hubei Province. The project forms part of WISCO's strategy to optimize…
JSW Steel has awarded Yogiji Digi contracts for its 0.2 mln ton per year tin plate expansion project, further advancing the steelmaker's downstream processing capabilities in India. Under the contract, Yogiji Digi will…
U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing. The transaction is expected to close in the third quarter…
Valbruna ASW Inc. has received an initial order from Germany's TKMS for approximately 70 tons of non-magnetic submarine steel as part of efforts to support Canada's future submarine program. The order is intended to…
Voestalpine plans to further expand its greentec steel project at its Donawitz plant in Austria, with an additional investment of around EUR 100 mln (USD 115 mln) to increase low-carbon steel production capacity by…
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