Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,768 news items in Global Steel News. Show all
The UK government has announced plans to work towards the public acquisition of Speciality Steel UK (SSUK), following its decision that the proposed sale to a preferred private-sector bidder would not provide sufficient…
U.S. Steel Kosice (USSK) has approved an investment of approximately EUR 900 mln (USD 1.03 bln) in a new electric arc furnace (EAF) and air separation unit (ASU) at its Kosice steelworks, strengthening the plant's…
GSM Tanzania Limited has awarded Danieli a contract to supply a new 300,000 tons per year rebar and wire rod mill at the Kilimanjaro Industrial Park in Tanzania. The mill will process 150x150-mm billets at a production…
China's iron ore futures fell on Monday, extending their recent decline, as weak steel mill margins and subdued steel demand continued to weigh on the market. Market participants said worsening profitability is…
India will receive country-specific tariff-rate quotas (TRQs) totalling 1.64 mln tons per year for steel exports to the European Union under the draft India-EU free trade agreement (FTA). The total quota of 1.641 mln…
Indian steelmaker Jindal Steel has received Guinness World Records recognition for constructing the world's longest road using processed steel slag aggregates at its Raigarh facility in Chhattisgarh. The 1.85-km…
Tata Steel Thailand has completed an EU Carbon Border Adjustment Mechanism (CBAM) pre-verification audit at its SISCO plant, marking a step toward compliance with evolving EU carbon reporting requirements. The audit was…
Swedish green steelmaker Stegra has selected four shipping and logistics companies to manage its sea transport operations, supporting the movement of raw materials and finished steel products across Europe. ESL Shipping…
Russian strikes hit several Ukrainian steel and mining facilities over the weekend, including ArcelorMittal Kryvyi Rih, Zaporizhstal and an Interpipe Steel complex in Dnipro, adding to continued disruption of the…
China's iron ore futures fell on Friday as uncertainty over a recovery in steel demand continued to weigh on market sentiment. Market insiders said Chinese steel demand remains weak, with expectations for the…
Tata Steel has commissioned a coke oven gas (COG) injection project at Blast Furnace No. 1 at its Meramandali steel plant in Odisha, describing it as the first-of-its-kind project in the Indian steel industry. The…
Vallourec has broken ground on a new production line at its Serra facility in Espirito Santo, Brazil, dedicated to Proxxima resin systems with Goldilocks (GDLX) subsea thermal insulation technology. The project marks a…
The UK has extended its anti-dumping duty on wire rod originating from China for a further five years, with the measure now set to remain in place until January 28, 2031. The decision, published by the UK government on…
China's iron ore futures fell on Thursday as weak steel mill margins continued to weigh on demand sentiment. Market insiders said Chinese steel mills remain cautious about iron ore restocking, with squeezed margins…
Indian steel export prices have strengthened significantly in recent weeks, amid higher raw material costs, firmer domestic steel prices and expectations of improving demand. Indian HRC export offers are currently heard…
India's state-owned iron ore producer NMDC has signed a four-year memorandum of understanding (MoU) with Steel Exchange India Limited (SEIL) for long-term supply of iron ore fines. Under the agreement, SEIL will source…
Bull Moose Tube Company has completed the acquisition of Hanna Steel Corporation, a US producer of structural and mechanical steel tubing, expanding its manufacturing and product portfolio. Hanna Steel will operate as a…
Greek steel pipe producer Corinth Pipeworks has been awarded a contract by DESFA, the operator of Greece's National Natural Gas System, for the manufacture and supply of steel pipes for the Duplication of…
ArcelorMittal and Spanish energy company Moeve have launched Green Molecules to Green Steel (G2G), a joint platform aimed at developing technologies to accelerate the transition to low-emission steel and industrial…
China's iron ore futures edged lower on Wednesday as demand sentiment remained mixed, with tight steel mill margins and a lack of substantial improvement in steel demand weighing on the market. Market insiders said…
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