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
Hoa Phat Group has held a groundbreaking ceremony for its Dung Quat Rail and Special Steel Production Plant, marking a key step in the group's strategy to expand into high-tech steel products. The plant is expected to…
TMK said its subsidiary, Pervouralsk New Pipe Plant (PNTZ), has manufactured and supplied seamless pipes for racing cars produced by BR Engineering. PNTZ produced around 730 meters of seamless cold-formed tubes with a…
Metalloinvest's A.A. Ugarov Oskol Electrometallurgical Plant (OEMK) has completed a major overhaul of key equipment at Rolling Shop No. 2 (Mill-350). The kilometer-long Mill-350 production line underwent comprehensive…
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping market sentiment cautious. Analysts said Beijing is…
Alleima has begun local production of two high-performance stainless steel grades, SAF 2906 and SAF 3006, at its facility in Mehsana, Gujarat. The advanced alloys are designed for applications requiring high corrosion…
Leone Rock Metal Group has awarded Metso a contract to supply minerals processing equipment for Phase III of the Tonkolili iron ore project's 30-mln-ton magnetite concentrator in Sierra Leone. Metso's scope covers…
Iron ore futures edged lower on Tuesday as a bearish outlook continued to pressure the market. A seasonal slowdown in steel demand has prompted many Chinese steel mills to schedule maintenance, a trend expected to…
ArcelorMittal has announced three new renewable energy projects in India totaling 1GW of solar and wind capacity. Once completed, the projects will double the company's renewable capacity in India to 2GW and raise its…
U.S. Steel said its Board of Directors has approved funding for the full USD 350 mln blast furnace reline project at its Gary Works facility, a move aimed at securing the long-term ironmaking capacity of the plant. The…
Champion Iron Limited announced it has entered into a transaction agreement with Rana Gruber ASA under a conditional recommended voluntary cash tender offer to acquire all outstanding shares of Rana Gruber. The offer…
Vallourec and Geostock have signed a memorandum of understanding to strengthen cooperation on infrastructure for the energy transition, with a focus on hydrogen storage and carbon capture, utilization, and storage…
Iron ore futures edged higher on Monday, though the overall demand outlook remained cautious as the market continued to assess underlying fundamentals. Market participants believe most negative factors, such as higher…
Steel Authority of India Limited (SAIL), India's largest public-sector steelmaker, has awarded Danieli contracts to supply major technologies for the expansion of the IISCO Steel Plant in Burnpur, West Bengal. The…
China Steel Corporation (CSC) announced it will increase prices for some steel products for January deliveries. The company will raise prices by TWD 300 (USD 9.5) per ton for HRC and plates in commercial quality, HRC…
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside. Some market participants expect Chinese steel mills to replenish…
India's Ministry of Finance has imposed anti-dumping duties on imports of cold-rolled non-oriented (CRNO) electrical steel from China for a period of five years, following recommendations from the Directorate General of…
Vietnam's Xuan Thien Group has signed a strategic investment and cooperation agreement with Primetals Technologies to develop advanced steelmaking facilities in Ninh Binh province, marking a key step toward positioning…
JFE Steel Corporation has developed a sensor that measures the particle-size distribution of granulated materials in real time as they move on conveyors during the sintering process. The system is already in operation…
Tibnor, a leading steel and metals distributor in the Nordics and Baltics and a subsidiary of SSAB, has signed an agreement with Ovako to acquire Ovako Metals Oy, a Finnish steel and metals distribution company, subject…
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories of major finished steel…
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