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
Algoma Steel Group has entered into a binding memorandum of understanding (MOU) with Hanwha Ocean to establish a long-term strategic arrangement linked to Canada's Patrol Submarine Project (CPSP). The proposed…
Tenaris has inaugurated a new service center in Barrancabermeja, Santander, strengthening its service footprint and support capabilities for oil and gas operators in Colombia. The facility spans 35,000 square metres and…
Dillinger has placed an order with SMS group for Paul Wurth cast iron staves and additional copper staves for blast furnace 5, which has an annual hot metal capacity of about 2.5 mln tons. The equipment will replace the…
Iron ore futures remained subdued on Monday as oversupply pressure continued to weigh on market sentiment. Rising global supply, together with high iron ore inventories at major Chinese ports, kept the market under…
JSW Steel reported a sharp rise in earnings for Q3 FY26 ended 31 December 2025, supported by higher volumes and lower input costs. The company posted a consolidated net profit of INR 2,410 crore (USD 262.6 mln)…
Interpipe Steel has commissioned Danieli to supply a new 310-mm round section for its continuous casting machine #2 (CCM #2) at the company's EAF-based greenfield steelmaking complex. The upgrade will extend CCM #2's…
Tajikistan's pipe manufacturing firm, Sughd Metal plant has reached and exceeded its designed production capacity, supported by advanced OTO tube mill technology supplied by Fives, positioning the facility as a…
Iron ore futures rose on Friday, supported by pre-holiday restocking by Chinese steel mills, although concerns over rising supply are expected to limit further upside. Steelmakers increased inquiries and procurement…
Global metals engineering group, SMS group has inaugurated a new production facility in Sanand, marking a key step in its international expansion and reinforcing its long-term commitment to India. The…
SSAB has signed a letter of intent with Rheinmetall for the supply of fossil-free steel, marking the first time a defence equipment manufacturer has committed to using decarbonized steel in production. The cooperation…
Cogne Group has signed a contract with Danieli Breda for the supply of a 70-MN forging line to be installed at Special Melted Products (SMP)'s facility in Sheffield. The project, named "Vulcan", includes a 70-MN…
Iron ore futures inched higher on Thursday, supported by China's latest fiscal stimulus measures, although gains remained limited amid continued concerns over rising supply. Iron ore futures found some support after…
Lodhia Industries has signed a contract with Danieli for the supply of a state-of-the-art bar and wire-rod rolling mill complex in Tanzania, marking a major investment to expand steelmaking capacity in East Africa. The…
ArcelorMittal has increased its HRC offers for the EU market for April delivery to EUR 700 (USD 819) per ton delivered, up EUR 30-40 (USD 35-47) per ton from prices announced last month. The company's CRC offers were…
Stegra has signed a letter of intent with Galmed Steel under which Galmed will galvanize green steel produced at Stegra's Boden plant to serve parts of Stegra's automotive customer base. Galmed Steel, based in Sagunto…
Iron ore futures extended losses on Wednesday, marking a fifth consecutive session of declines, as rising supply and lingering demand concerns continued to weigh on market sentiment. Supply-side pressure intensified…
Xiangtan Iron and Steel has again selected Primetals Technologies to upgrade its Multi-Purpose Interrupted Cooling (MULPIC) line, aiming to improve cooling performance for new, higher-value alloys and increase…
India's competition regulator has approved two major transactions in the steel sector, involving Tata Steel and JSW Steel, according to separate announcements. The Competition Commission of India (CCI) has cleared Tata…
Trinecke Zelezarny has completed a partial hearth repair of its BF4 blast furnace in the Czech Republic with SMS group, extending furnace life while avoiding a full rebuild. The 3,100 tons per day furnace had…
Rio Tinto reported a 4pct YoY increase in iron ore output in Q4 2025 to 89.7 mln tons, supported by a strong recovery in the Pilbara following earlier weather disruptions. For full-year 2025, iron ore production was…
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