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
Vallourec has signed a five-year supply agreement with Fervo Energy to support the development of geothermal energy projects in the United States, with the contract representing up to USD 800 mln in potential revenue…
Vale has signed an agreement with Shandong Shipping Corporation for the construction of new ethanol-powered Guaibamax vessels, with deliveries scheduled from 2029. The deal includes 25-year contracts for two vessels…
GravitHy has appointed engineering firm Hatch to carry out front-end engineering design (FEED) for its planned low-carbon iron production plant in Fos-sur-Mer, southern France. The facility is designed to produce 2 mln…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Steel Authority of India Ltd (SAIL) has initiated hydrogen injection at its Bokaro Steel Plant as part of efforts to reduce carbon emissions from blast furnace operations. The project involves injecting hydrogen at the…
Voestalpine has secured aerospace sector orders worth around EUR 1 bln (USD 1.1 bln) over the next five years, marking the largest such order volume in the company's history. The contracts include Airbus and cover a…
SSAB has temporarily suspended construction work at its new steel mill site in Lulea after around 20 subcontractor employees reported illness-like symptoms, the company said. Some of the affected workers sought medical…
The global long steel products market remains under pressure, with no signs of improvement in supply-demand fundamentals, according to the International Rebar Producers and Exporters Association (Irepas). Irepas said…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
The European Commission (EC) has published the first reference price for Carbon Border Adjustment Mechanism (CBAM) certificates, setting the Q1 2026 level at EUR 75.36 (USD 88.2) per ton. The price is based on the…
Canada's Algoma Steel and Roshel Inc. have established a joint venture, Roshel Algoma Defence, to develop a Canadian-based centre of excellence for ballistic steel production. The partnership aims to provide end-to-end…
Tata Steel Nederland has temporarily shut down its Direct Sheet Plant (DSP) at the IJmuiden site following elevated emissions, the company said in a statement. The shutdown was implemented after measurements showed that…
Severstal is upgrading the control system of reheating furnaces at its 350-bar mill at the Cherepovets Iron and Steel Works (CherMK), aiming to improve heating quality and environmental performance. As part of the…
Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…
Tata Steel reported its strongest-ever annual performance in India in FY26, supported by higher crude steel output driven by the ramp-up at Kalinganagar, partly offset by the relining shutdown of the 'G' blast furnace…
Jindal Steel has expanded the use of coal gasification technology to strengthen energy security and support lower-carbon steel production, the company said. The company has established India's first coal…
Resources Pellets Concentrates Pvt. Ltd. (RPCL), a joint venture between BKG Mining and Fomento Resources, has signed a contract with SMS group for the supply of a compact pellet plant with annual capacity of 2 mln…
South Korean steel producer, Posco and Volvo Construction Equipment (Volvo CE) have signed a memorandum of understanding (MoU) to collaborate on developing advanced materials and technologies for construction machinery…
Chinese steel producer Shougang Group and automaker FAW Group have jointly developed and validated a new generation of 2.4 GPa (2,400 MPa) hot-formed automotive steel, marking a significant step forward in…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton (USD 4.8-5.3), effective 5 April, according to a stock exchange…
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