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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

NMDC hikes iron ore prices

India India

India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has increased prices by INR 400 (USD 4.55) per ton for August deliveries, according to a filing with the stock exchange…

Iron ore futures climb on firm near-term demand

China China

Iron ore futures extended gains on Tuesday, supported by firm demand and strong fundamentals in the steelmaking sector. A rise in steel production by Chinese mills, driven by healthy profit margins and falling port-side…

JSW-JFE JV to boost electrical steel output

India India

India's JSW Steel and Japan's JFE Steel will invest around USD 670 mln to significantly expand the capacity of their joint venture companies, JSW JFE Electrical Steel Private Limited (J2ES Vijayanagar) and JSW JFE…

Changzhou Dongfang rolls first bar on new SBQ mill

China China

Changzhou Dongfang Special Steel Co. Ltd. has successfully rolled the first bar on its new SBQ bar mill equipped with a Kocks RSB 370++/4, the core unit of the facility in Changzhou, China. The 800,000 tons per annum…

Salzgitter divests footwear machinery unit

Germany Germany

German steel producer, Salzgitter Group has agreed to sell DESMA Schuhmaschinen GmbH to French-German industrial group NAME & MAWI Partners S.A.S. (NMP) as part of its portfolio optimization strategy. The deal is…

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