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
Iron ore futures declined on Monday, pressured by weak steel demand and falling production in China. Rising inventories at major Chinese ports and cautious restocking by steel mills have further dragged down prices…
China's iron and steel sector reported a 1.9-fold YoY increase in profits during the first three quarters, signaling an improvement from last year, Jiang Wei, vice-chairman and secretary-general of the China Iron and…
India's Lloyds Engineering Works Limited (LEWL) announced it has been selected as a consortium partner with Primetals Technologies India Pvt. Ltd. and Primetals Technologies Austria GmbH to design and build a 4.2 mln…
ArcelorMittal has completed the sale of its Bosnian steel and mining operations to H&P d.o.o. Zvornik, part of the Pavgord Group. The transaction includes ArcelorMittal Zenica, an integrated steel plant, and…
Alter Steel has selected Danieli to supply technology and equipment for its new steelmaking facility in Pinkenba, Queensland, Australia. The plant will employ Danieli MIDA QLP - Quality Long Product - technology…
Iron ore futures fell on Friday as weak steel fundamentals and soft economic data dampened market sentiment. Iron ore futures rallied earlier in the week on optimism over easing U.S.-China trade tensions, but momentum…
Jindal (India), part of the BC Jindal Group, has added new colour coated steel capacity to better serve India's rapidly growing white goods sector. The company will supply premium coated steel through OEM partners to…
Posco has signed a MoU with BHP to jointly advance 'near-zero emissions' ironmaking through Posco's hydrogen reduction ironmaking technology (HyREX). The collaboration will focus on developing and testing a…
Outokumpu is advancing its EVOLVE strategy (2026-2030) with a USD 45 mln investment in a new pilot plant in New Hampshire, U.S., aimed at producing carbon-free materials such as chromium metal and enriched ferrochrome…
Iron ore futures edged higher on Thursday, supported by easing U.S.-China tensions, though profit-taking later trimmed early gains. The United States and China have agreed to a one-year trade truce following high-level…
Tata Steel plans to construct a new 1 mln tons per annum coke oven battery at its Jamshedpur plant as part of its ongoing modernization program to boost efficiency and sustainability in steelmaking. The company has…
Cleveland-Cliffs Inc. has successfully completed a production trial with a major automotive OEM, demonstrating that its exposed steel parts can be stamped without defects using existing aluminum-forming equipment…
Pacific Steel Group has selected Danieli to supply a cutting-edge ECO Primary Line for its upcoming Hybrid MiDa plant in California, aiming to create one of the most environmentally sustainable rebar manufacturing…
Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two largest economies. Market sentiment strengthened ahead of a planned…
India's Jindal Steel has appointed Gautam Malhotra as its new Chief Executive Officer (CEO) with immediate effect, according to a stock exchange filing on Tuesday. The appointment was approved by the company's board of…
Steel Dynamics, Inc. has introduced two new lower-embodied-carbon steel product ranges, BIOEDGE and EDGE, designed to help customers meet greenhouse gas reduction and sustainability goals. Both products are produced…
Ryerson Holding Corporation and Olympic Steel, Inc. have entered into a definitive agreement to merge, creating the second-largest metals service center in North America. The merger combines two highly complementary…
Meranti Green Steel has signed a Memorandum of Understanding (MoU) with Kingspan to supply low-carbon steel for the insulation manufacturer's operations across the Asia-Pacific (APAC) region. The Singapore-based firm is…
Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity, which lifted overall market sentiment. U.S. President Donald Trump…
China's Ministry of Industry and Information Technology (MIIT) has released draft regulations aimed at tightening control over steel production capacity and accelerating the industry's green transition. The proposal…
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