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Salzgitter Flachstahl GmbH, the largest steel subsidiary of Salzgitter AG, has awarded a major contract to Tenova for the supply of a new walking beam furnace at its plant. The state-of-the-art, energy-efficient furnace…
Rio Tinto and Hancock Prospecting will invest USD 1.61 bln to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region, following full State and Federal Government approvals. The project will mine…
Iron ore futures rose on Monday, supported by steady near-term demand, though gains were limited by persistent concerns over future consumption. Chinese steel mills, particularly those using blast furnaces, kept…
Global stainless steel production reached 15.54 mln tons in the first quarter of 2025, marking a 6.2pct YoY increase, according to the latest data from the World Stainless Association (Worldstainless). However, output…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Alstom, a leading provider of smart mobility solutions, to supply Outokumpu Circle Green, a stainless steel with up to 93pct lower carbon…
SMS group has announced a strategic partnership with The Systems Group, a U.S.-based innovator in the metals industry, to deliver safer, more sustainable, and low-maintenance solutions for steelmaking plants using…
BHP has signed a three-year agreement with Metso for the supply of metallic chute liners to support its Western Australia Iron Ore (WAIO) operations in the Pilbara region. Under the deal, Metso will provide a range of…
Dalian iron ore futures rose on Friday, supported by steady steel production and resilient demand. However, the broader market outlook remains uncertain. Chinese blast furnace-based steel mills continue to operate…
Jingye Steel has completed a major automation upgrade for its five-meter heavy plate mill in Yingkou, Liaoning Province, with support from SMS group. Originally installed by SMS in 2009, the mill resumed production…
ArcelorMittal Europe has officially withdrawn from its planned DRI and EAF investments at its Bremen and Eisenhuttenstadt sites, citing unfavorable market, energy, and policy conditions. Despite a EUR 1.3 bln (USD 1.49…
SSAB has begun preparatory work for its new, state-of-the-art steel mill in Lulea, intended to replace the current blast furnace-based production. However, the project faces a 12-month delay, shifting the planned…
Iron ore futures posted modest gains on Thursday, supported by higher steel production. Although overall steel output has slowed, mills are still operating at relatively high levels, limiting the drop in iron ore…
Nippon Steel Corporation, along with its subsidiary Nippon Steel North America, has finalized its historic acquisition of United States Steel Corporation (U.S. Steel), forming a world-leading steelmaker with…
ArcelorMittal has completed the acquisition of Nippon Steel Corporation's 50pct stake in AM/NS Calvert, making it the sole owner of the advanced steel finishing facility, now renamed ArcelorMittal Calvert. The deal…
The Salzgitter Group and Volvo Cars are deepening their collaboration with a closed-loop recycling initiative set to launch in 2026. Under the expanded partnership, Salzgitter AG will purchase significant volumes of…
Iron ore futures fell on Wednesday, pressured by weak demand due to a seasonal slowdown in steel consumption. The summer lull has led several steel producers to scale back output, with China's crude steel production…
Sanjog, the crane manufacturing division of Preet Group, has secured a contract to supply an overhead crane to SAIL's Bhilai Steel Plant in Chhattisgarh, India, the company announced. The contract covers the design…
North Star BlueScope Steel has awarded Danieli the contract to modernize the run-out table laminar cooling system at its Quality Strip Production (QSP) facility in Delta, Ohio. The project also includes the installation…
Thyssenkrupp Steel has awarded Primetals Technologies a contract to modernize the slab sizing press at hot-strip mill # 2 in Duisburg, Germany. The project includes upgrading the electrical and drive systems with a new…
Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…
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