Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,780 news items in Global Steel News. Show all
Iron ore futures fell on Tuesday as demand outlook weakened amid potential production curbs and slowing steel consumption. Market sources said several steel mills in Tangshan have been instructed by authorities to cut…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, said it will keep product prices unchanged for September, marking the fourth straight month of no adjustments. HRC remains at JPY 89,000 (USD 603) per…
Tenaris announced a technical milestone in offshore Brazil with the successful use of corrosion-resistant alloy (CRA) tubulars featuring its Dopeless technology in two wells at the Buzios and Jubarte fields. Each well…
Danieli has acquired a 30pct stake in Italian company Novastilmec, based in Garbagnate Monastero near Lake Lecco, as part of a new cooperation agreement. Founded in 1978, Novastilmec specializes in high-performance…
Iron ore futures fell on Monday as expectations of steel production curbs and weak demand weighed on sentiment. Iron ore futures risen earlier in the session, supported by strong Chinese steel output and healthy mill…
India's Directorate General of Trade Remedies (DGTR) has recommended a three-year safeguard duty on imports of certain non-alloy and alloy flat steel products to protect domestic producers from a surge in low-priced…
India's JSW Steel announced it has signed a non-binding heads of agreement with South Korea's Posco Group to jointly develop a 6 mln tons per annum integrated steel plant in India. The agreement, which follows a…
Japan's steel associations have called on the government to introduce import trade measures to protect domestic producers from a surge in steel exports driven by China's excess production capacity, the Japan Iron &…
The U.S. Commerce Department has expanded the scope of its 50pct tariffs on steel and aluminum imports to cover hundreds of derivative products, effective August 18, according to a notice in the Federal Register. The…
Severstal has begun installing the world's largest dry-grinding ball mills at its new iron ore pellet production complex in Cherepovets. The mills, each measuring 6.7 meters in diameter and over 13 meters in length…
Iron ore futures fell on Friday as continued weakness in China's property sector and disappointing economic data dampened market sentiment. According to the National Bureau of Statistics (NBS), China's economy showed…
India's Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty of USD 121.55 per ton on HR steel imports from Vietnam, according to its final findings. Vietnam's Hoa Phat Group would…
India's Jindal Steel has commissioned Primetals Technologies to upgrade the Level 1 and 2 automation systems at its 5-meter plate mill in Angul, Odisha. The project aims to boost system availability, reduce downtime…
British Steel has delivered over 2,000 tons of structural sections for the construction of Sumitomo Electric's high-voltage cable factory at the Port of Nigg in the Scottish Highlands. The steel was supplied to BHC…
ArcelorMittal, through its Steligence business, has signed a memorandum of understanding with galvanizing specialist ZINQ to promote sustainable construction by combining ArcelorMittal's low-carbon XCarb recycled and…
Iron ore futures fell on Thursday as sluggish steel demand weighed on sentiment. A seasonal slowdown in consumption, compounded by a tropical storm in southern China, has driven a steady buildup of finished steel…
India's Ministry of Steel has eased steel import procedures by exempting 202 Bureau of Indian Standards (BIS) licenses from mandatory compliance requirements on the Steel Import Monitoring System (SIMS) portal…
Vietnam's Hoa Phat Group has commissioned a new basic oxygen furnace (BOF) and RH vacuum refining furnace at its Dung Quat 2 Iron and Steel Complex, marking a key milestone toward launching Blast Furnace No. 2 and…
Spartan UK, part of the Metinvest Group, has won a contract to supply 1,600 tons of steel plates for the new Sizewell C nuclear power station in Suffolk, one of the UK's largest energy projects in decades. The plant is…
Iron ore futures were flat on Wednesday as traders weighed reports of steel production cuts in China. According to market sources, authorities ordered steel mills in Tangshan, a key steelmaking hub, to temporarily halt…
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