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
The International Rebar Producers and Exporters Association (Irepas) reports that the global long steel market is structurally oversupplied and overcrowded, with cutthroat competition and razor-thin margins. In the…
Iron ore futures fell on Tuesday, weighed down by a bearish demand outlook amid rising shipments and expectations of weakening steel consumption. According to analysts, weekly shipments from key suppliers Australia and…
Maegma Minerals has signed an MoU with Primetals Technologies to establish a Midrex Flex plant in Lumut, Perak, Malaysia, with an annual capacity of 2 mln tons of hot briquetted iron (HBI). Developed in collaboration…
SSAB has signed a contract with Danieli to supply advanced, highly automated technology for its upcoming mini-mill in Lulea, Sweden, following an Early Service Agreement signed in July 2024. The new mini-mill, with an…
British Steel has successfully completed a trial using Cold Agglomerated Pellets (CAPs) in its Queen Bess blast furnace at Scunthorpe, marking a key step toward greener ironmaking. Developed by UK-based Binding…
Iron ore futures fell on Monday, pressured by weak economic indicators that dampened market sentiment. China's consumer prices declined for a fourth consecutive month in May, despite government efforts to boost domestic…
China's steel exports rose nearly 9pct YoY in the first five months of 2025, reaching 48.47 mln tons, according to the General Administration of Customs. In May alone, exports grew 9.9pct YoY to 10.58 mln tons, also…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Jiangsu Shagang for the successful upgrade of the wire rod outlet and the rebuilding of the Morgan Reducing/Sizing Mill at Line No. 3 of…
JSW Steel reported an 8pct YoY increase in consolidated crude steel production, reaching 2.27 mln tons in May 2025. In India, output grew 9pct YoY to 2.194 mln tons, despite a planned maintenance shutdown at the Dolvi…
Rio Tinto has officially opened its new Western Range iron ore mine in the Pilbara, with an annual production capacity of up to 25 mln tons. The USD 2 bln project, a joint venture with Baowu (Rio Tinto 54pct, Baowu…
Iron ore futures recovered on Wednesday, although the demand outlook for this crucial steelmaking ingredient remains uncertain. The recent gains were largely driven by profit-taking, as traders capitalized on short-term…
Huzhou Jiuli Yongxing High Performance Metals Co., Ltd., a joint venture of Jiuli Hi-Tech, has ordered a 63/71 MN two-column push-down open-die forging press from SMS group. The press will be installed in a newly built…
India's stainless steel demand is projected to grow by 7-8pct annually over the next two to three years, driven by infrastructure development and expanding industrial applications, according to the Indian Stainless…
Vardhman Special Steels Limited (VSSL) has formally expanded its strategic partnership with Japan's Aichi Steel Corporation, with the latter increasing its equity stake from 11.33pct to 24.90pct. The agreement was…
Salzgitter Flachstahl GmbH (SZFG), a subsidiary of the Salzgitter Group, has launched tenders for long-term solar power supply and on-site battery storage, advancing its transition to low-carbon steel production under…
Iron ore futures declined in post-holiday trading on Tuesday, pressured by renewed demand concerns and the U.S. decision to double steel tariffs. Market sentiment was further dampened by escalating trade tensions, as…
Hyundai Steel, South Korea's second-largest steelmaker, is considering selling its caterpillar track division at the Pohang 1 plant, 273 kilometers southeast of Seoul, local media reported Monday. The company is in…
Vietnam's largest steelmaker, Hoa Phat Group, has signed contracts to supply steel containers to VIMC Container Transport JSC (VIMC Lines) and Vinafco Shipping JSC. A key competitive edge for Hoa Phat is its self-supply…
Hybar, LLC has produced its first rebar at its newly built steel mini mill in Osceola, Arkansas, just 22 months after breaking ground on the 1,300-acre greenfield site. The initial rebar was made using purchased…
The Indian government has released the updated Domestically Manufactured Iron & Steel Products (DMI&SP) Policy 2025, tightening norms for steel procurement in public sector projects. The revised policy mandates…
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