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
Zhejiang Jiuli Hi-Tech Metals Co., Ltd., a leading Chinese manufacturer of stainless steel and special alloy products, has ordered three cold pilger mills from SMS group, one KPW 50 LC and two KPW 25 LC, for its…
A new regulation by India's Ministry of Steel could severely disrupt supply chains and impose heavy compliance costs on micro, small, and medium enterprises (MSMEs), according to the Global Trade Research Initiative…
British Steel has signed a new GBP 500-mln (USD 679 mln), five-year contract with Network Rail, reaffirming its role as the UK's principal rail supplier. The deal includes an option for a three-year extension and…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Tata Steel plans to produce 10-15 mln tons of steel through recycling over the next 10-15 years, as part of its strategy to adopt low-carbon steelmaking technologies in India and Europe, CEO and MD T.V. Narendran said…
Godo Steel has contracted Danieli to modernize its 87-year-old medium-sized bar mill at the Himeji Works in Japan's Kansai region. The mill produces alloyed steel rounds, deformed rounds, and light rails. The upgrade…
U.S. Steel and Nippon Steel Corporation, along with its subsidiary Nippon Steel North America, announced that President Donald Trump has approved Nippon Steel's USD 14.9 bln acquisition of U.S. Steel. The approval…
ArcelorMittal Distribution Iberia is constructing a new state-of-the-art distribution center at its Villaverde plant in Madrid, a strategic logistics hub for steel distribution, long product processing, and recycling…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Zhongshou Special Steel Group and Primetals Technologies have reached a significant milestone at Zhongshou's Arvedi ESP line project in Luanzhou, Hebei Province. Just 12 months after the contract launch, the first…
SAIL's Rourkela Steel Plant (RSP) has commissioned a state-of-the-art Ladle Furnace 2D (LF#2D) at its Steel Melting Shop-II, marking a significant step in its ongoing modernization drive. The new LF#2D will enhance…
Hyundai Steel has signed a deal to supply GM Korea with approximately 100,000 tons of automotive steel annually starting in the second half of 2025. This marks a shift from GM Korea's previous supplier, China's Baoshan…
Voestalpine has successfully commissioned a suite of advanced processing equipment from Andritz at its Cold Rolling Mill #3 in Linz, Austria. The delivery includes a continuous pickling line, acid regeneration and…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
Hyundai Steel, Korea's second-largest steelmaker, has temporarily shut down its No. 2 plant in Pohang, North Gyeongsang, due to prolonged weak demand across the industry. The suspension was attributed to low production…
ArcelorMittal Long Products Canada (AMLPC) has announced a restructuring of its wire drawing operations to enhance competitiveness and ensure long-term profitability, particularly in the telecommunications…
SSAB and Volvo Cars have signed a landmark agreement for the delivery of SSAB Zero steel, set to begin this year. Volvo becomes the first automaker to commit to using decarbonized steel in series production. SSAB Zero…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
India's leading iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price reduction of INR 140-150 (USD 1.63-1.75) per ton, according to a filing with the stock exchange. The…
Tenaris played a key role in Brava Energia's successful completion of its first two casing drilling projects in the Alto do Rodrigues Field, located in Brazil's Potiguar Basin. With Tenaris's technical support, two…
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