Iron ore futures rose on Friday, supported by firm near-term fundamentals and expectations of upcoming policy support from Beijing. Healthy profit margins have prompted blast furnace-based steel mills to boost…
Hebei MFG Metallurgical Materials Technology Co. will add a new annealing furnace to its continuous galvanizing line as part of its precision alloy color coating project in Changzhou, Jiangsu Province. The furnace will…
JSW Steel Limited, one of India's leading steel producers, has announced its financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company posted a modest revenue increase of 0.48pct YoY…
India's Stella Metal & Tubes has awarded Danieli Breda a contract to supply a 20-MN steel extrusion plant in Gujarat to meet rising demand for stainless steel and corrosion-resistant alloy (CRA) pipes, primarily for oil…
ArcelorMittal is supplying CO2-reduced reinforcing steel for Hamburg's new U5 underground line, the company announced in a press release. The U5 line will link the city center with eastern and western districts and is…
Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production. A decline in iron ore inventories at major Chinese ports and improved profit margins has encouraged…
Chinese steel producers are increasingly exporting semi-finished products like billets to avoid tariffs imposed on finished steel in markets such as Indonesia and Turkey, according to a Reuters report citing industry…
ArcelorMittal Nippon Steel India (AM/NS India) has commissioned a new state-of-the-art Continuous Galvanising Line (CGL) at its flagship Hazira plant in Gujarat, the company announced. The new facility makes AM/NS India…
Canada will introduce new measures to limit steel imports in an effort to support its domestic steel industry, Prime Minister Mark Carney's office said in a statement. Under the new rules, tariff rate quota (TRQ) levels…
SMS group has successfully commissioned a fully integrated and automated forging line at Perryman Company's site in Pennsylvania, USA. The new line includes a high-speed 40/45 MN open-die forging press and an SMX 500/15…
Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns. While overall steel production has declined, blast furnace-based producers have maintained high output…
Vietnamese steel producers Ton Dong A has reaffirmed its partnership with Danieli by ordering a new cold rolling mill to process 400,000 tons per year of low-carbon steel strip. The twin-stand reversing cold-strip mill…
SSAB has entered a long-term partnership with Metal Solutions to supply fossil-free steel with near-zero carbon emissions. Building on a successful collaboration, the agreement reflects a shared commitment to…
Arvedi AST, a leading European stainless steel producer, has selected Fives to upgrade its cold annealing and pickling line to enhance productivity and meet growing demand in the food, chemical, construction, and…
Thyssenkrupp Steel has concluded a comprehensive restructuring agreement with Germany's industrial union IG Metall under the initiative titled "Steel Realignment." The agreement, reached after extensive negotiations…
Iron ore futures edged up slightly on Tuesday, buoyed by encouraging economic data from China, though lingering demand concerns limited further gains. China's GDP grew 5.2pct YoY in Q2 2025, according to the National…
India's Ministry of Steel has delayed the enforcement of its Quality Control Order (QCO) on finished steel imports by four months, following concerns raised by smaller importers over shipments already in transit and…
Toyota Tsusho Corporation has completed the full acquisition of U.S.-based Radius Recycling, Inc. through its subsidiary, Toyota Tsusho America, Inc. The deal was finalized on July 11, 2025, making Radius a wholly owned…
Primetals Technologies has inaugurated a state-of-the-art service workshop in Santa Cruz, Rio de Janeiro, aimed at enhancing maintenance and refurbishment support for Brazil's steel and industrial sectors. Strategically…
Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains. China's exports rose 5.8pct YoY in June 2025 (in USD terms), according to customs data…