Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain in August, with sluggish domestic demand…
Indian steel producer Godawari Power and Ispat (GPIL) has awarded an INR 500 mln (USD 56.7 mln) contract to John Cockerill India for the engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill at Tilda…
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Petrobras following a competitive bidding process. The long-term deal, running from 2026 to 2029, could generate up to…
Vale has signed a long-term contract of affreightment (COA) with South Korea's largest shipping company, HMM, worth KRW 430 bln (USD 310 mln). Under the deal, HMM will transport iron ore using five bulk carriers over a…
LKAB's board has approved a SEK 6 bln (USD 646 mln) investment to build a new sorting plant at the Malmberget mine in Gallivare, strengthening production capacity and reducing environmental impact. Construction will…
Iron ore futures closed nearly flat on Friday, with firm near-term demand tempered by sluggish steel consumption. Market sentiment was supported by expectations of resumed steel production after environmental curbs were…
Xinyu Iron & Steel Co. Ltd. (Xisco), a subsidiary of China Baowu Group, has completed its Kocks RSB 370++/4 project with the signing of the Final Acceptance Certificate (FAC), marking full operation of its new SBQ mill…
Tenaris has secured a contract to supply seamless line pipe and TenarisShawcor thermal insulation coatings for risers and flowlines in the Buzios 11 offshore development. Located 180 km off Rio de Janeiro in the Santos…
Aperam Stainless Belgium has signed a long-term Power Purchase Agreement (PPA) with LRM to source renewable electricity from Kristal Solar Park, Belgium's largest photovoltaic installation. The deal reinforces Aperam's…
Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced. Rising inventories of finished steel products, particularly long steel, at major Chinese stockists highlighted sluggish domestic…
JSW Steel Ltd. has issued a Final Acceptance Certificate (FAC) to SMS group for commissioning a second 350-ton RH-TOP (Ruhrstahl Heraeus) unit at its Dolvi steelmaking shop in Maharashtra. The first unit was…
JSW JFE Electrical Steel Nashik has awarded John Cockerill India a contract to engineer, design, manufacture, and supply advanced tunnel furnaces for its Nashik facility, with commissioning scheduled for early 2027. The…
Metso has inaugurated its Circored pre-reduction pilot plant in Frankfurt, Germany. The investment reflects Metso's commitment to advancing low-carbon technologies and supporting the global transition to fossil-free…
Japan's Mitsui & Co. and Itochu Corporation have signed agreements with BHP to acquire indirect stakes in the Ministers North iron ore deposit in Western Australia, with Mitsui taking 7pct and Itochu 8pct. BHP will…
Iron ore futures rose slightly on Wednesday, supported by expectations of stronger steel output after environmental curbs on Tangshan mills were lifted last week. A drop in weekly shipments from major suppliers also…
JSW Steel's consolidated crude steel output rose 17pct year-on-year to 2.703 mln tons in August 2025, the company said in a stock exchange filing. Production from Indian operations increased 16pct to 2.615 mln tons…
Shyam Metalics Group has awarded a new contract to Sarralle for the design, engineering, and supply of key equipment at its Jamuria facility in West Bengal. The scope of supply includes an 180-ton electric arc furnace…
Outokumpu, a global leader in sustainable stainless steel, has signed a Memorandum of Understanding (MoU) with Boston Metal to accelerate the development of carbon-free metals for industries such as defense and…
Ukraine-based Interpipe, a global producer of steel pipes and railway products, has added a new product to its portfolio with the successful delivery of E470 grade line pipes under EN 10297-1 standards to a French…
Iron ore futures extended gains on Tuesday, supported by expectations of stronger steel production following the lifting of output curbs in Tangshan, imposed earlier for a parade in Beijing. Analysts said higher steel…