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
Germany's GMH Gruppe has commissioned a new state-of-the-art Kocks Reducing & Sizing Block (RSB 445++/4) at its Georgsmarienhutte facility, enhancing product quality, dimensional accuracy, and rolling flexibility…
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious. Iron ore inventories at major Chinese ports are still rising and, combined with increasing global supply, are…
Posco International, the trading arm of the Posco Group, has finalized its strategic partnership with the Alaska LNG project in the United States, agreeing to supply steel for the project's pipeline infrastructure and…
U.S. Steel has begun the process of restarting one of the two blast furnaces at its Granite City Works facility, following several months of assessing customer demand. President and CEO David B. Burritt said the…
ArcelorMittal is preparing to commission the first three production lines of its new electrical steel unit at the Mardyck site near Dunkirk by the end of 2025. Electrical steels, ultra-thin, specially treated steels…
Rugui Squares & Special Profiles, a leading Spanish steel producer, has successfully commissioned a new walking hearth reheating furnace at its Azkoitia facility, with the first hot billet rolled on November 27, 2025…
Iron ore futures fell again on Thursday as rising global supply and lower steel production continued to pressure the market and keep sentiment bearish. Vale cut its 2026 output forecast, citing softer global demand and…
JSW Steel Ltd. and Japan's JFE Steel have agreed to form a 50:50 joint venture, under which JFE Steel will invest INR 157.5 bln (USD 1.75 bln) to acquire and operate Bhushan Power & Steel Limited's (BPSL) integrated…
SAIL's Bokaro Steel Plant has partnered with Primetals Technologies to begin engineering a hydrogen gas injection system for one of its blast furnaces in Jharkhand, as part of an Indian government-funded carbon…
Fortescue has signed a technology development agreement with China's Taiyuan Iron and Steel (TISCO), a Baowu Steel subsidiary, to jointly explore next-generation low-carbon metallurgical processes aimed at accelerating…
Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government meetings may deliver supportive policy signals…
India's state-owned NMDC Ltd produced 5.01 mln tons of iron ore in November 2025, up 11pct from 4.51 mln tons a year earlier, according to a stock exchange filing. Monthly iron ore sales increased 4.25ct YoY to 4.1 mln…
ArcelorMittal Eisenhuttenstadt has issued a provisional acceptance certificate (PAC) to Primetals Technologies after completing a major modernization of its reversing cold mill in Eisenhuttenstadt, Germany. The…
Germany's largest steel producer, Thyssenkrupp Steel, has signed a collective restructuring agreement with the IG Metall union, effective until September 30, 2030. The agreement is based on an industrial plan presented…
Australia's Hazer Group Ltd has extended its non-binding Memorandum of Understanding with Posco Steel for an additional two years, or until binding agreements are finalized, according to a stock exchange filing. The…
Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global supply continue to pressure prices, reflecting slower…
The Salzgitter Group and its subsidiary Ilsenburger Grobblech GmbH have received expanded approval for their SECURE 500 steel grade from Germany's Bundeswehr Technical Center (WTD 91) under the TL 2350-0000 technical…
Konepeikko Oy, a major Finnish recycling services provider, has installed a new state-of-the-art torch-cutting machine from Primetals Technologies at its facility near Ovako Imatra Oy Ab in Imatra, Finland. The…
Global stainless steel production reached 48 mln tons in January-September 2025, up 3pct YoY, according to the World Stainless Association (Worldstainless). Output in Q3 rose 2.3pct YoY to 16.1 mln tons. China remained…
Iron ore futures gained on Thursday, supported by moderate steel demand and higher production levels, though the broader outlook remains bearish. Market sources reported a decline in finished steel inventories this…
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