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
Tenaris has announced the construction of a new 2.3-mile rail spur at its service center in Midland, Texas, directly connecting the yard with Union Pacific Railroad. The project, set to begin in early 2026 and complete…
SSAB AB has successfully issued its first green bonds under its EUR 2 bln (USD 2.31 bln) EMTN (Euro Medium-Term Notes) programme, dated June 25, 2025. The offering included two five-year senior unsecured bonds totaling…
Iron ore futures declined on Friday as weak demand and reduced steel output weighed on market sentiment. Chinese steel production continues to slow, with mills cutting output due to shrinking profitability and soft…
China's steel exports declined in October as rising protectionist measures and slowing global demand weighed on overseas shipments. Exports fell 12.5pct YoY to 9.78 mln tons and were down 6.6pct from September…
Celsa France has successfully upgraded the finishing end of its Bayonne wire rod mill, following the completion of a modernization project by Primetals Technologies. The upgrade replaced the existing finishing block and…
Saarstahl has partnered with Deutsche Bahn (DB) to launch a pilot project for the use of green steel in rail infrastructure, marking a key step toward sustainable supply chains and a circular economy in the rail…
Iron ore futures rose for the first time this week on Thursday, supported by restocking activity at some Chinese steel mills taking advantage of lower prices. However, gains were limited by persistent demand concerns…
Nippon Steel Corporation and Sumitomo Corporation have signed a 10-year framework agreement with Shell Global Solutions International B.V. for the global supply of oil country tubular goods (OCTG). The two Japanese…
Ternium S.A. announced that its subsidiary, Ternium Investments, has signed a share purchase agreement to acquire Nippon Steel Corporation and Mitsubishi Corporation's remaining stakes in the control group of Usinas…
Italy's Danieli Centro Recycling has partnered with Max-AI, a division of the BHS Group, to deliver robotic scrap-sorting systems for advanced metal recycling applications. The Max-AI technology, powered by proprietary…
The global long steel products market continues to struggle with weak demand, rising supply, and mills operating below capacity. According to the latest short-range outlook from the International Rebar Producers and…
Iron ore futures continued to fall on Wednesday as sluggish steel demand and reduced mill production kept market sentiment bearish. Chinese steelmakers have been scaling back operations due to shrinking margins, while…
India's state-owned NMDC Ltd produced 4.27 mln tons of iron ore in October 2025, up 4.9pct YoY from 4.07 mln tons a year earlier, the company said in a stock exchange filing. The company's iron ore sales fell 3.5pct YoY…
Nippon Steel Corporation and its subsidiary Sanyo Special Steel Co. will consolidate the production of steel and free forged products from the Osaka Area of Kansai Works into Sanyo Special Steel, the companies…
ArcelorMittal Belgium has postponed its planned EUR 2 bln (USD 2.29 bln) low-carbon steelmaking project at its Ghent site, citing unfavorable market conditions, CEO Frederik Van De Velde told the federal parliament. The…
Iron ore futures extended losses on Tuesday as disappointing manufacturing data and weak market fundamentals deepened concerns over steel demand in China. The RatingDog China General Manufacturing PMI, compiled by S&P…
Indian Metals & Ferro Alloys Ltd (IMFA), India's leading fully integrated ferroalloys producer, has signed definitive agreements to acquire Tata Steel's ferrochrome plant in Kalinganagar, Odisha, for INR 610 crore (USD…
South Korea will inject KRW 570 bln (USD 396 mln) into its steel industry to strengthen exports, counter unfairly priced imports, and drive technological innovation, the government announced. The package includes a KRW…
U.S. Steel has announced a USD 75 mln investment to install a new premium thread line at its Fairfield Tubular Operations in Alabama, as part of its broader capital strategy with Nippon Steel. The new facility will…
Vallourec has secured a contract from TechnipFMC to supply over 20,000 tons of subsea seamless premium carbon-steel line pipes for the Orca project (formerly Gato do Mato), a major deepwater development in Brazil's…
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