Hyundai Steel will build a pilot direct reduced iron (DRI) facility at its Dangjin Steelworks to test hydrogen- and gas-based direct reduction processes, accelerating preparations for its planned steel mill in the…
Italian steelmaker Pittini Group has awarded Danieli a contract to modernize the rolling mill at its SiderPotenza plant in Potenza. The project aims to improve production efficiency while reducing billet reheating gas…
ArcelorMittal and EDF have signed a Nuclear Power Production Allocation Contract (CAPN) covering ArcelorMittal's sites in France, following a letter of intent agreed in January 2024. Under the 18-year agreement, EDF…
Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank said it would continue to ensure ample liquidity…
Vietnamese steelmaker Hoa Phat Group has increased domestic HRC prices for February and March deliveries. The company is offering SAE1006/SS400 grade HRC at around USD 510-511 per ton CFR, up USD 4-5 per ton from prices…
Haynes International Inc., a nickel- and cobalt-based alloy producer based in Kokomo, Indiana and part of North American Stainless, a subsidiary of Acerinox Group, has commissioned SMS group to supply a fully integrated…
The board of BlueScope said it has unanimously rejected an unsolicited, non-binding and conditional takeover approach from a consortium comprising SGH Limited and Steel Dynamics. The proposal sought to acquire all…
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of a rebound in Chinese steel output as…
India's antitrust regulator, the Competition Commission of India (CCI), has found prima facie evidence of alleged price manipulation among leading steel producers, including Tata Steel, JSW Steel, and Steel Authority of…
Vietnamese steelmaker Hoa Phat Group has selected Danieli to supply a new long-products rolling mill and a four-strand continuous casting machine to be installed in Tay Ninh province. The new facility, with a designed…
Tenaris has commissioned a new automated inspection line at TuboCaribe, its production center in Cartagena, strengthening operational safety, product quality, and efficiency, the company announced in a press release…
SMS group has strengthened its position as a full-line supplier for sustainable metallurgy by acquiring selected business units and technologies from Metso across Germany, India, China, and Australia. The move enhances…
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile. Prices were underpinned by the resumption of…
India's state-owned steelmaker Steel Authority of India Limited (SAIL) recorded its strongest-ever sales performance for the month of December, reflecting improving market strength and operational efficiency. SAIL…
India's state-owned miner NMDC Ltd produced 5.4 mln tons of iron ore in December 2025, up 15pct YoY from 4.71 mln tons, according to a stock exchange filing. Iron ore sales also rose sharply, increasing 19pct YoY to…
Indian special steel producer, Arjas Steel has successfully commissioned a new ingot casting facility at its Tadipatri plant, strengthening its strategy to expand into higher-value specialty and alloy steel…
Australian steelmaker BlueScope said it received an unsolicited, non-binding and indicative proposal on 12 December 2025 from an Australian-US consortium to acquire all its shares via a scheme of arrangement at AUD…
China's iron ore futures market delivered one of the clearest paradoxes of 2025. Futures prices remained resilient and ended the year higher despite weakening domestic steel demand and a gradual decline in crude steel…
India-based steel tube producer APL Apollo Tubes Limited reported its highest-ever quarterly sales volume in Q3FY26. Sales volumes reached 916,976 tons during the quarter, up from 855,037 tons in Q2FY26 and 828,200 tons…
Larsen & Toubro (L&T) has secured major steel-sector orders through its Minerals & Metals (M&M) business vertical, including key engineering, procurement and construction (EPC) packages from the Steel Authority of India…