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2,780 news items in Global Steel News. Show all
Marcegaglia has partnered with Fives to install Eyeron, an advanced digital quality management system, at its Ravenna plant in Italy. Developed by Fives, Eyeron monitors every stage of steel production in real time…
Tata Steel Nederland has introduced HyperFlange, a new advanced steel designed to help automakers produce lighter, more reliable components, crucial for improving fuel efficiency and vehicle performance. Optimized for…
SMS group has signed an agreement to acquire key technologies from Metso Corporation to enhance its sustainable metals production portfolio. Metso, a provider of technology and services in aggregates, minerals…
Iron ore futures fell on Friday, pressured by declining steel production and subdued market sentiment during pre-holiday trading. Blast furnace-based steel mills are increasingly suspending operations for maintenance…
Vardhman Special Steel has awarded Danieli a contract to supply a new black-bar straightening line for its Ludhiana plant in Punjab, India. The advanced line will feature a two-roll straightening unit capable of…
Hoa Phat Dung Quat Rail and Special Steel JSC has partnered with SMS group to build a state-of-the-art rail and section mill with an annual capacity of 700,000 tons. The facility will be located in the Dung Quat…
Nippon Steel plans to invest JPY 868.7 bln (USD 5.98 bln) to install electric furnaces at its domestic steel plants, backed by up to JPY 251.4 bln (USD 1.7 bln) in aid from Japan's industry ministry. The initiative…
Iron ore futures ended a four-day losing streak on Thursday, lifted by improved market sentiment after a U.S. federal court blocked President Donald Trump's broader tariffs from taking effect. The court ruled that Trump…
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ending March 31, 2025. In Q4 FY25, SAIL posted a revenue of INR 29,316 crore (USD 3.4…
The Brazilian government has extended its steel import quota system for another year to safeguard the domestic industry from unfair competition. The system, introduced by the Foreign Trade Chamber (Camex) in 2023, sets…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Danish water solutions company Grundfos to accelerate the use of low-emission materials. As part of the collaboration, most of the stainless…
Iron ore futures continued to decline on Wednesday as a weak demand outlook weighed heavily on market sentiment. Recent signs of slowing steel production have raised concerns over iron ore consumption. Weaker demand for…
Swedish steelmaker SSAB has taken successful legal action against two India-based companies, Naresh Steel & Engineering Co. and Parmar Steel, for dealing in counterfeit Hardox wear plates. The companies were found…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Outokumpu Stainless USA for the successful upgrade of process optimization systems at its Calvert, Alabama facility. The project involved a…
Salzgitter Mannesmann Stahlhandel GmbH, a subsidiary of Salzgitter AG, has announced the sale of its Austrian unit, Salzgitter Mannesmann Stahlhandel Austria, to the ECCO Group. The company, based in Graz and Gratkorn…
Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun, vice-president of the China Iron and Steel…
Tata Steel UK has awarded a major contract to global crane manufacturer JASO Industrial Cranes as part of its GBP 1.25 bln (USD 1.69 bln) investment in sustainable steel production at Port Talbot. Under the agreement…
Subsea Micropiles has entered into a global supply agreement with Marubeni Itochu Steel for the provision of steel used in offshore wind projects and other applications. Based in Banchory, Scotland, Subsea Micropiles…
The global steel sector is expected to face ongoing challenges through 2025 and beyond, according to the OECD. Despite projected capacity growth of 6.7pct between 2025 and 2027, the OECD warns that capacity utilization…
Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association (CISA), average daily crude steel output among its…
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