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
Hoa Phat Group is accelerating development of its Hoa Phat Dung Quat Rail and Special Steel Production Plant, while advancing its push into high-quality railway steel through a certification partnership with…
Hyundai Steel and France-based Fives Group have signed a major contract to design and supply advanced coil finishing lines for automotive steel applications. The agreement supports Hyundai-Posco Louisiana Steel's new…
Tata Steel UK has secured funding from the Welsh Government to support a collaborative project aimed at developing next-generation wind turbine towers using UK-produced steel. The project, supported under the Welsh…
Severstal has completed a major upgrade of the shaped casting section at its SSM-Tyazhmash machine-building center at the Cherepovets Iron and Steel Works (CherMK), increasing casting output by 40pct annually. The…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
Indian state-owned miner NMDC reported record iron ore production of 53.15 mln tons in the financial year ending March 31, 2026 (FY26), marking a 20.6pct YoY increase. The milestone makes NMDC the first mining company…
The United States has revised its Section 232 tariff regime on steel, aluminum and copper imports, introducing changes to derivative products while maintaining high duties on core metal products. Under the updated…
Interpipe has completed the acquisition of ArcelorMittal Tubular Products' (AMTP) seamless pipe facility in Roman, Romania. The plant becomes Interpipe's first manufacturing asset within the European Union, supporting…
ArcelorMittal has produced the first industrial coil at its new electrical steel line at the Mardyck site in France, marking the start of operations. The first coil, weighing over 17 tons, was produced on the initial…
Primetals Technologies has appointed Koji Sakatani as Chief Executive Officer, succeeding Yoshiharu Ikeda, who is retiring. Sakatani brings extensive experience in the metals and heavy industry sector, having held…
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Vietnam's Ministry of Industry and Trade (MOIT) has imposed temporary anti-circumvention measures on certain hot-rolled steel imports from China, extending existing trade defence actions. The ministry applied a duty of…
CMC Steel has completed two major power and automation upgrade projects at its Sayreville, New Jersey facility, as part of a broader modernization program executed by AIC. The first project involved a full revamp of the…
SSAB has signed a binding offtake agreement with Greenland Resources to secure long-term supply of low-carbon ferromolybdenum. Under the agreement, SSAB will source ferromolybdenum extracted in Greenland and refined in…
Benteler Steel/Tube and SMS group have completed the modernization of the stretch-reducing mill (SRM) at the Paderborn-Schloss Neuhaus plant in Germany. The project involved replacing the legacy CARTA automation system…
Iron ore futures rose on Wednesday, supported by cautious optimism over demand recovery despite ongoing headwinds. A steady recovery in Chinese steel production continued to underpin iron ore consumption, while…
Baosteel has achieved key production and cost targets at its Fastarc Zerobucket electric arc furnace (EAF) in Shanghai, with monthly output exceeding 100,000 tons of liquid steel and operating cost reductions of around…
SAIL's Durgapur Steel Plant (DSP) has awarded SMS group a turnkey contract to modernize its two 6-strand billet casters in Durgapur, West Bengal, as part of efforts to enhance long product capacity and efficiency. The…
Mesabi Metallics, backed by India's Essar Group, has secured a USD 520 mln senior secured credit facility as it advances its iron ore project in Minnesota toward commercial operations later this year. The financing has…
UMB Steel will restart its Otelu Rosu plant in Romania with the development of a new meltshop, supported by technology supplier Sarralle, as part of a project focused on modern, energy-efficient steelmaking. The…
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