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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 futures decline on demand worries

China China

Iron ore futures declined on Tuesday amid concerns that growth in Chinese steel production may be peaking, while high port-side inventories and rising global iron ore supply also pressured market sentiment. According to…

Tenaris to acquire Artrom Steel Tubes

Romania Romania

Tenaris announced that it has entered into a definitive agreement to acquire 100pct of the share capital of Romania-based Artrom Steel Tubes S.A. from U.S.-based GLGH Steel LLC. The transaction value amounts to EUR 86…

Iron ore slips on demand concerns

China China

Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments from major miners, coupled with high port inventories in China…

Iron ore extends gains on firm steel demand

China China

Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…

Thyssenkrupp Steel appoints Chief Sales Officer

Germany Germany

Thyssenkrupp Steel's Supervisory Board has appointed Georgios Giovanakis as a member of the Executive Board of Thyssenkrupp Steel Europe AG, effective June 1, 2026. He will assume responsibility for the newly…

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