China's crude steel production held steady in April at 86.02 mln tons, according to data from the National Bureau of Statistics (NBS). Output was down 7pct from March but flat compared to the same month last year. For…
Jindal (India) Limited, a key player in India's downstream steel sector and part of the B.C. Jindal Group, has entered the steel section pipes and tubes market with a ₹100 crore (USD 11.68 mln) investment aimed at…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced it will keep its product prices unchanged for June, reflecting ongoing global and domestic market challenges. The company's HRC prices…
Malaysia Steel Works (KL) Bhd (Masteel) has signed a Memorandum of Understanding (MoU) with Ace Gases Marketing Sdn. Bhd., a subsidiary of Kelington Group Berhad, and Universiti Tunku Abdul Rahman (UTAR) to advance…
Iron ore futures slipped on Friday as cautious demand outlook weighed on market sentiment. Earlier in the week, commodity markets had rallied, supported by easing tensions between Beijing and Washington. A decline in…
ArcelorMittal is set to invest approximately EUR 1.2 bln (USD 1.34 bln) in a new electric arc furnace (EAF) in Dunkirk, signaling a strong commitment to decarbonizing its steel operations there. The European steel…
Knauf Interfer has acquired a majority stake in the H. D. Lenzen Group, based in Hagen, boosting its steel division by expanding into strip finishing. The acquisition was completed via a share deal by Knauf Interfer…
Iron ore futures posted gains on Thursday, supported by a positive near-term demand outlook following a major easing in trade tensions between the United States and China. However, lingering concerns over long-term…
Tenaris has invested USD 8 mln to upgrade safety and boost automation at its Sault Ste. Marie industrial center in Ontario, as part of a broader USD 72.5 mln modernization plan launched in 2024. The investment includes…
Danieli has announced the final acceptance of a new billet reheating furnace at the Stahlwerk Annahutte Max Aicher plant in Ainring-Hammerau, Germany. Supplied by Danieli Centro Combustion, the 80 tph furnace exceeded…
Stegra CEO Henrik Henriksson announced an agreement in principle with LKAB to begin test deliveries of iron ore pellets by late 2026, following railway track upgrades. The tests aim to validate logistics ahead of…
Iron ore futures jumped on Wednesday, driven by positive market sentiment following a significant easing of trade tensions between the United States and China earlier this week. Beijing and Washington announced major…
U.S. steel producer Nucor has temporarily halted certain production operations after detecting unauthorized third-party access to its information technology systems, the company disclosed in a stock exchange filing…
Britain's Trade Remedies Authority (TRA) has recommended imposing country-specific caps on certain steel imports to safeguard the domestic steel industry. The proposed caps would take effect from 1 October 2025, giving…
Blastr has reached a key milestone in its Inkoo project as the local municipal council approved the Joddbole V zoning plan, enabling the construction of a low-emission steel mill and hydrogen production plant in the…
Iron ore futures continued their upward momentum on Tuesday, supported by improving trade relations between Beijing and Washington. Market sentiment was lifted after US and Chinese officials announced plans to reduce…
Malaysia will implement five-year anti-dumping duties on flat-rolled iron, non-alloy steel, and tinplate imports from China, India, Japan, and South Korea starting May 11, 2025. The move follows an investigation into…
Austrian steelmaker Voestalpine is calling on the federal government to support energy-intensive industries by reinstating electricity price compensation, a measure widely used across the EU to maintain competitiveness…
JSW KOKS, a subsidiary of Jastrzebska Spolka Weglowa SA (JSW SA), has inaugurated coking battery no. 4 at the Przyjazn coke plant in Dabrowa Gornicza, Poland. The new battery will boost the plant's annual coke…
Iron ore futures surged on Monday, driven by improved market sentiment following a reduction in trade tensions between China and the United States. The two countries announced an agreement to roll back tariffs on each…