Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,776 news items in Global Steel News. Show all
Kloeckner Metals Corporation (KMC) has announced the acquisition of Camalloy, a stainless steel and aluminum service center based in Washington, Pennsylvania. The Camalloy facility operates as a fast-turn service center…
SSAB and JTK Power have jointly developed the world's first marine engine silencer made from low-emission SSAB Zero steel, marking a milestone in decarbonizing marine industry components. SSAB supplied around four tons…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
India's FY27 budget, with higher infrastructure spending and measures to support domestic manufacturing, has been welcomed by major steel producers, who expect sustained demand growth across railways, housing and urban…
Taiwanese steelmaker China Steel Corporation (CSC) has announced a price increase of TWD 500 (USD 16) per ton for flat steel products sold in March, including hot-rolled (commercial and rerolling grades), cold-rolled…
Tenaris has completed the installation and commissioning of a new water filtration system at its Bay City seamless pipe facility, aimed at further enhancing its already high 95pct water recycling rate. The USD 8 mln…
Iron ore futures remained under pressure on Friday as market sentiment stayed cautious amid rising supply and record-high inventories. Iron ore stockpiles at major Chinese ports have reportedly climbed to around 170 mln…
Japan's Daido Steel Co., Ltd. has secured an engineering contract from Nippon Steel Corporation for an electric arc furnace plant to be installed at Nippon Steel's Setouchi Steel Works (Hirohata area), Daido Steel said…
Dongkuk CM, a Dongkuk Steel Group company specializing in cold-rolled and color-coated steel sheets, has developed an AI-based surface defect detection system, marking an industry first. Surface inspection of…
Voestalpine has agreed to sell voestalpine Bohler Profil to Kadant Inc. as part of its ongoing streamlining of the High Performance Metals division, the company said. The transaction has been signed and is subject to…
ArcelorMittal said it has been served with a writ of summons by the extraordinary commissioners of Acciaierie d'Italia (ADI) and has filed a EUR 1.8 bln (USD 2.14 bln) claim against the Italian government over losses…
Iron ore futures rose on Thursday as expectations of a near-term recovery in steel demand improved market sentiment ahead of the Lunar New Year holidays, although broader demand concerns persisted. Market sources said…
Tata Steel has successfully integrated Kocks' RSB 370++/4(5) Reducing & Sizing Block at its new special bar quality (SBQ) and wire rod mill in Jamshedpur, India. Installed as the finishing unit after a reversing mill…
Vallourec and XGS Energy, a Palo Alto-based geothermal technology company, have announced a strategic supply chain partnership to support the development of next-generation geothermal projects across the western United…
SSAB's investment in a new electric arc steel plant in Lulea has been designated a strategic net-zero project under the EU's Net-Zero Industry Act, highlighting its importance for Europe's industrial competitiveness and…
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment. Fundamentals remain under pressure amid record-high iron ore inventories at Chinese ports and…
Chinese steel producer Maanshan Iron and Steel Co., Ltd. (Masteel) has awarded Primetals Technologies a contract to engineer, supply and commission a new bow-type, two-strand continuous slab caster to support…
India and the European Union have concluded a long-delayed Free Trade Agreement (FTA), a major step expected to reshape bilateral trade flows, including steel, though Europe's carbon border regime will continue to limit…
Brazilian miner Vale SA reported its highest annual iron ore output since 2018, exceeding its production guidance for 2025. Vale's iron ore production rose 2.6pct YoY to 336 mln tons in 2025, above its guidance range of…
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand. Iron ore prices continued to face pressure from record-high inventories at major Chinese ports…
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