SSAB announced that Denmark-based Meneta Group has begun using SSAB Zero steel in its automotive brake components, marking a key step toward more sustainable vehicle manufacturing. The milestone builds on the companies'…
Russian steelmaker Severstal has commissioned a new reheating furnace (No. 3) at its Mill 2000 in the Cherepovets Iron and Steel Works (CherMK), boosting capacity and efficiency at the site. The furnace has a design…
India continued to be a net importer of steel in August 2025, despite an increase in exports, according to the Ministry of Steel's monthly economic report. Finished steel imports reached 0.67 mln tons in August, down…
Yamato Steel Co., a leading Japanese producer of beams and structural steel, has awarded SMS group a contract to modernize its section mill in Himeji. The project will replace two existing mill stands with SMS's compact…
Posco and Hanwha Ocean have signed an MOU in Seoul to jointly develop ultra-high strength, giga-class, steel for next-generation naval ships. The collaboration covers six areas, including steel materials, welding…
Vallourec, a global leader in premium seamless tubular solutions, has received a new order from Petrobras for more than 30 units of its Submagnetico Free Flow Oil Country Tubular Goods (OCTG). The equipment will be…
Thyssenkrupp has regained full control of its steel division after Czech tycoon Daniel Kretinsky agreed to sell back his 20pct stake and abandon plans for a joint venture, the company said in a joint statement. The move…
India's state-owned NMDC Ltd produced 3.75 mln tons of iron ore in September 2025, up 23.4pct YoY from 3.04 mln tons a year earlier. Sales also rose 9.6pct to 3.88 mln tons. In the first half of FY26 (April-September)…
Hoa Phat Dung Quat Steel, a subsidiary of Hoa Phat Group, has completed a major capacity expansion at its Dung Quat 2 facility in Quang Ngai Province, Vietnam. Working with SMS group, the company installed and…
South Korea's Hyundai Steel and Dongkuk Steel have formally asked the government to extend anti-dumping duties on Chinese H-beams, local media reported. The companies filed an application with the Trade Commission under…
Outokumpu has advanced plans for a restructuring program aimed at achieving EUR 100 mln (USD 117 mln) in structural cost savings by the end of 2027, following its earlier announcement in July. The program will primarily…
Germany's Klockner & Co has agreed to sell seven U.S. distribution sites of its subsidiary, Kloeckner Metals Corporation, to Russel Metals for about USD 119 mln, based on net working capital as of June 30, 2025. The…
Iron ore futures declined on Tuesday as disappointing manufacturing data weighed on sentiment. China's manufacturing PMI edged up to 49.8 in September from the previous month but remained in contraction for the sixth…
Chinese steelmaker Shanxi Jingang New Materials Technology has contracted Primetals Technologies to supply a new thin-slab casting and rolling plant using Arvedi ESP (Endless Strip Production) technology at its Jincheng…
Jiangsu Lihuai Steel, a subsidiary of Jiangsu Shagang Group, has ordered a 100 MW-class gas turbine combined cycle (GTCC) power plant from Mitsubishi Power to be built at its steelworks in Huai'an City, Jiangsu…
Nippon Steel Corporation has signed a master agreement with Champion Iron Limited (CI) and Sojitz Corporation to acquire a stake in the Kamistiatusset Iron Ore Project (Kami Project) in Newfoundland and Labrador…
Tata Steel and Tata Steel Nederland (TSN) have signed a non-binding letter of intent with the Dutch government and the province of North Holland to advance the first phase of TSN's transition to low-CO2 steel production…
Iron ore futures fell on Monday as demand concerns deepened ahead of China's October holidays. Iron ore consumption has slowed as mills completed restocking before the October 1-8 break, reflected in rising inventories…
Jindal Steel has commissioned India's largest blast furnace at its Angul plant, raising hot metal capacity from 4 mln to 9 mln tons per year and setting the stage to reach 12 mln tons annually. The newly inaugurated…
Acciaierie d'Italia, formerly known as Ilva, has received 10 bids for its Taranto steel plant, though only two are for the company's entire business, it said in a statement. Full-asset bids were submitted by Bedrock…