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2,771 news items in Global Steel News. Show all
Iron ore futures moved higher on Wednesday following the holiday break, supported by firm near-term demand, although longer-term concerns persist. Chinese steel mills continued restocking activity amid expectations of…
ArcelorMittal Nippon Steel India (AM/NS India) has inaugurated a pickling line and tandem cold mill (PLTCM) at its Hazira facility in Gujarat, strengthening its automotive steel production capabilities. The new unit has…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 200 (USD 2.1) per ton, effective May 6, according to a stock exchange filing…
Galperti Special Alloys S.p.A., a newly established company within the Galperti Group, has awarded a contract to Danieli for the engineering and supply of vacuum induction melting (VIM) and electro-slag remelting (ESR)…
India's state-owned miner NMDC Limited reported a 16pct YoY increase in iron ore production for April 2026, reaching 4.64 mln tons. The company's iron ore sales rose by 1.4pct YoY to 3.68 mln tons during the month. The…
JFE Steel Corporation has commissioned a new electric arc furnace (EAF) at its East Japan Works (Chiba district), with operations starting on April 29, 2026, the company announced in a press release. The new unit is…
Hyundai-POSCO Louisiana Steel LLC has selected Danieli as technology partner for a new integrated steel plant in Louisiana, USA, aimed at producing high-quality hot-rolled slabs for low-carbon, value-added automotive…
Salzgitter AG has received approval from the European Commission to acquire sole control of Huttenwerke Krupp Mannesmann (HKM) under the EU Merger Regulation. The transaction, which relates mainly to semi-finished…
Thyssenkrupp AG and Jindal Steel International have agreed to pause discussions on a potential stake sale in Thyssenkrupp Steel Europe, citing changes in key assumptions around the proposed transaction. The decision…
Wuppermann expands capacity and product range with new pipe mill Wuppermann Metalltechnik GmbH (WMT) has inaugurated a new pipe mill at its Altmunster site in Austria, marking a key capacity and technology expansion for…
GrafTech International Ltd. has announced a price increase of USD 600-1,200 per ton on uncommitted graphite electrode volumes, as part of efforts to restore pricing and improve profitability. The company said the…
Ferrosource is nearing completion of a new steel processing facility at the Big River Steel Works campus in Osceola, Arkansas, with operations expected to begin in August 2026. The project introduces an on-campus…
United States Steel Corporation plans to invest USD 1.9 bln to build a new direct reduced iron (DRI) facility at its Big River Steel Works in Osceola, Arkansas. The project will be the first DRI facility of its kind in…
Hyundai Steel, together with POSCO, has advanced its planned US steel investment through its joint venture Hyundai-POSCO Louisiana Steel (HPLS), following the signing of a long-term power supply agreement with Entergy…
ArcelorMittal, one of the world's largest integrated steel and mining companies, announced results for the first quarter of 2026, reporting lower profit but higher revenue and improved margins. Net profit attributable…
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's manufacturing purchasing managers' index (PMI) stood at 50.3…
China's Baoshan Iron & Steel Co. reported weaker profitability in the first quarter of 2026, with net profit attributable to shareholders falling 8.6pct YoY to 2.23 bln yuan (USD 326 mln). Revenue rose 5.7pct YoY to…
India-based Tata Steel Limited has commissioned a 280 tons per day (TPD) cryogenic air separation unit (ASU) at its electric arc furnace (EAF)-based steel plant in Ludhiana, Punjab, in partnership with INOX Air Products…
India-based Vardhman Special Steels Limited (VSSL) has commissioned a new walking beam reheating furnace at its Ludhiana facility, enhancing its capability to produce high-quality special steel for the automotive…
Iron ore futures increased on Wednesday, supported by firm steel demand and cost pressures, although concerns over slowing steel production growth and rising supply limited gains. Chinese steel traders said domestic…
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