South Korea's SeAH Steel has secured a contract to supply approximately 1,750 tons of stainless steel pipes for a carbon capture project in Teesside, northern England, marking the company's entry into the UK's growing…
Germany's Thyssenkrupp has sold its remaining 15pct stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Arvedi Group, completing the transaction agreed in 2021 for the sale of the steelmaker and…
Swedish steelmaker SSAB has awarded SMS group a contract to supply a new gas atomization plant at its Oxelosund site, supporting the company's plans to expand production of advanced high-strength steel powders for…
Azerbaijan Metal Company (AzMC) has completed the bankable feasibility study (BFS) for its planned 2 mln tons per year hot briquetted iron (HBI) project in the Shamkir region, marking a key milestone in the development…
Iron ore futures rebounded on Wednesday, supported by positive Chinese economic data, although concerns over the demand outlook continued to limit gains. The market also drew support from a month-on-month increase in…
A major accident at the Visakhapatnam Steel Plant (VSP), operated by Rashtriya Ispat Nigam Limited (RINL), claimed the lives of eight workers and left six others injured during casting operations at Steel Melt Shop-1…
Tenaris has manufactured its longest and heaviest heat-treated 2-5/8-inch OD BlueCoil coiled tubing string to date, delivering an 88-ton string to oilfield services company CUDD Pressure Control for use in…
Germany's Salzgitter Flachstahl has signed a long-term agreement with energy company EWE for the supply of 10,000 tons of green hydrogen per year, marking a significant step in the company's transition to low-carbon…
Sweden-based green steel producer Stegra has signed an agreement with rail freight operator Green Cargo to manage the transportation of raw materials and finished products for its upcoming steel plant in Boden. Under…
Iron ore futures extended their losses on Tuesday as weak steel demand and ample supply continued to weigh on market sentiment. The key steelmaking raw material remains under pressure from rising global supply and high…
China's steel exports declined by 8.1pct YoY to 44.55 mln tons during the first five months of 2026, according to data released by the General Administration of Customs. In May, steel exports totaled 10.34 mln tons…
India's JSW Steel reported consolidated crude steel production of 2.293 mln tons in May 2026, reflecting a 15pct increase compared to 1.996 mln tons produced during the same month last year. The company's Indian…
Vallourec has signed a memorandum of understanding (MoU) with India's Ultra Corpotech Pvt Ltd to establish certified local production of VAM premium threaded tubular solutions for the oilfield services sector in India…
SSAB said steel produced at its Raahe mill in Finland is being used in the construction of the world's largest cruise ships at the Meyer Turku shipyard. The shipyard has completed the third Icon-class vessel, Legend of…
Global commodities trader Cargill is in discussions to sell its metals business to Australia's Macquarie Group, according to a Reuters report citing sources familiar with the matter. The potential divestment comes as…
Iron ore futures moved lower on Monday as concerns over slowing steel demand and high supply levels continued to weigh on market sentiment. Analysts noted that port-side trading activity has slowed, while iron ore…
Angang Guangzhou Automotive Steel has successfully produced the first coil at its new hot-dip galvanizing line (CGL No. 2), supplied by SMS group, achieving the milestone 40 days ahead of schedule. The project marks the…
India remained a net importer of finished steel during the first two months of fiscal year 2026/27, with imports rising faster than exports, according to provisional data from the Joint Plant Committee (JPC). Finished…
A fire at Tata Steel's Port Talbot steelworks in Wales has damaged a pickle line and disrupted downstream operations, prompting the company to activate contingency measures to maintain customer supply. The fire broke…
The European Council has adopted new rules to protect the EU steel market from the effects of global steel overcapacity, replacing the current steel safeguard measures that are set to expire on June 30, 2026. The new…