Ferrexpo is pursuing a potential equity capital raise of at least USD 100 mln to support its working capital position, with the board stating this is currently the only viable funding option within the required…
Oskol Electrometallurgical Plant (OEMK), part of Metalloinvest, has completed the first stage of implementing industrial artificial intelligence (AI) to control its metallization unit. Metallization units are used to…
Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…
Tata Steel has expanded its partnership with Google Cloud to deploy a unified agentic artificial intelligence (AI) platform across its global value chain. The initiative aims to scale autonomous capabilities across Tata…
NLMK Indiana has received the Gold Reliability Achievement Award from Association for Iron & Steel Technology (AIST) for the upgrade of its 118-ton electric arc furnace (EAF) at its Portage, Indiana facility, carried…
SSAB has been selected as one of Business Finland's leading companies under its 2025 challenge programme and will launch a five-year research and development initiative titled Sustainable World through Steels. The…
Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…
Tata Steel has signed definitive agreements with Paul Wurth, part of SMS Group, to implement EASyMelt (electrically assisted syngas smelter) technology. The company plans to carry out the first industrial-scale…
Jindal Stainless has entered the retail segment with the launch of its stainless steel rebar under the brand name Jindal Infinity, expanding its presence beyond its traditional business-to-business operations. The move…
Steel Dynamics reported net income of USD 403 mln in the first quarter of 2026, compared with USD 266 mln in the previous quarter and USD 217 mln a year earlier, supported by higher steel shipments and improved pricing…
SSAB and Heidelberg Materials have launched a joint research project to develop electric arc furnace (EAF) slag as an alternative binder in cement. The project aims to utilize EAF slag as a supplementary cementitious…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Corinth Pipeworks and ArcelorMittal have expanded their collaboration with the use of XCarb recycled and renewably produced steel in pipe manufacturing, marking the first application of the material in Corinth…
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, is set to complete the acquisition of Ovako Metals Oy from Ovako after receiving approval from competition authorities…
A consortium comprising BHP, ArcelorMittal Nippon Steel India, JSW Steel and Hyundai Steel has identified five potential CCUS hubs across Asia-Pacific following an assessment of more than 3,000 storage locations, as…
Ukrainian steel producer Zaporizhstal has shipped over 28,000 tons of HRC since the start of 2026 to Metinvest Tubular lasi, part of Metinvest Group, the company said. The shipments come as the lasi pipe plant continues…
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength in Chinese steel production and stable domestic…
China will step up efforts to address "involution-style" competition in its steel sector by tightening crude steel output controls and advancing capacity governance reforms, China Iron and Steel Association (CISA) vice…
India's JSW Steel has approved entering into a share subscription and joint venture agreement with Posco Co., Ltd and Posco-India Private Limited to establish a 50:50 joint venture, the company said. The joint venture…
Taiwanese steelmaker China Steel Corporation (CSC) has increased flat steel prices for May deliveries, citing rising raw material costs and improving market conditions. Hot rolled plates and coils (commercial and…