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
The global long steel market remains relatively stable, although regional differences are becoming increasingly pronounced due to trade restrictions, geopolitical tensions, and changing import regulations, according to…
Iron ore futures declined on Friday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market sentiment. Higher coking coal prices and the seasonal slowdown in steel…
India's largest iron ore producer, NMDC, reported a 19.9pct YoY increase in iron ore production to 5.31 mln tons in May, according to provisional company data. However, sales declined by 6.9pct YoY to 4.04 mln tons…
Thyssenkrupp Steel has resumed trial operations at hot strip mill 4 at its Duisburg site following extensive repair and modernization work after a fire damaged the facility in October 2025. The incident, caused by a…
SSAB will expand its steel powder production facility in Oxelosund, Sweden, to support growing demand for additive manufacturing materials and strengthen its position in the advanced materials sector. The expansion will…
Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market sentiment. Market insiders noted that steelmakers are facing…
Shougang Cold Rolling Co., Ltd. has awarded Primetals Technologies a contract to modernize the Level 1 and Level 2 automation systems at its pickling line tandem cold mill (PLTCM) in Shunyi, Beijing, China. The project…
JSW Vijayanagar Metallics Limited (JVML) has awarded John Cockerill a contract to supply two annealing and coating lines (ACL) and one annealing and pickling line (APL) for its cold-rolled non-oriented (CRNO) electrical…
SSAB will supply its SSAB Zero steel to Vattenfall for the construction of the Juliusburg/Krukow solar park in Schleswig-Holstein, Germany. The low-emission steel will be used in the supporting structures for the solar…
Global steel excess capacity is projected to reach 745 mln tons by 2028, up from an estimated 640 mln tons in 2025, as capacity expansion continues to outpace demand growth, according to the OECD Steel Outlook 2026…
Iron ore futures declined on Wednesday as concerns over weakening steel demand continued to weigh on market sentiment. The outlook for iron ore remained under pressure amid expectations of slower steel consumption…
China's Henan Jiyuan Iron & Steel (Group) has awarded Danieli a contract to supply a new 55-ton ECS Zerobucket electric arc furnace (EAF), marking the company's first EAF installation and a key step in its transition…
India's National Mineral Development Corporation (NMDC) has raised domestic iron ore prices effective June 3, increasing lump ore prices by INR 200 (USD 2) per ton and fines prices by INR 150 (USD 1.56) per ton…
US-based Steel Dynamics, Inc. (SDI) has awarded SMS group a contract to modernize the process automation system at its hot strip mill in Butler, Indiana, as part of efforts to improve long-term maintainability…
Peruvian steel producer Aceros Arequipa has awarded Fives a contract to supply a complete OTO tube mill with integrated finishing equipment for its plant in Lima, Peru. The new production line will manufacture tubes for…
Iron ore futures post gains on Tuesday, supported by a continued rally in coking coal prices, although the broader outlook for the steelmaking raw material remained pressured by concerns over weakening steel demand and…
Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have initiated anti-dumping investigations into imports of hot-rolled and cold-rolled steel coil, sheet, and strip originating from…
US President Donald Trump has signed a proclamation modifying tariffs on certain downstream steel- and aluminum-related products under Section 232 measures, aimed at supporting domestic manufacturing and encouraging…
Sweden-based SSAB has resumed construction activities at its Lulea transformation project following an investigation into illness symptoms reported by workers earlier this year. The company said an extensive analysis…
Iron ore futures edged lower on Monday as concerns over weak steel demand and seasonal consumption slowdown outweighed support from a sharp rally in coking coal prices. Meanwhile, coking coal and coke futures surged…
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