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
Japan's Nippon Steel Corporation and Nakayama Steel have signed a basic agreement to establish a joint venture and form a business alliance. Under the agreement, both companies will jointly invest in the new venture…
Tata Steel Nederland successfully implemented PSImetals at its cold rolling mill on March 13, marking the first of three planned go-lives at its Smart Steel Factory in 2025. The rollout includes PSImetals Planning…
Iron ore futures declined on Friday as a cautious demand outlook continued to dampen market sentiment. Slowing steel output growth, subdued post-holiday steel demand impacting mill profitability, and a bleak forecast…
China's steel exports rose 8.2pct YoY in the first four months of 2025, reaching 37.89 mln tons, according to data from the General Administration of Customs. In April alone, exports grew 13.5pct compared to the same…
Nippon Steel Corp. expects its net profit to fall 42.9pct to JPY 200 bln (USD 1.38 bln) in fiscal 2025, citing uncertainty over U.S. tariffs. The company, which is facing hurdles in its bid to acquire U.S. Steel Corp…
The Oryx Stainless Group, a leading global supplier of recycled stainless steel raw materials, has officially opened a new facility in Johor, Malaysia. Phase 1 of the plant will process 150,000 tons of stainless steel…
Iron ore futures declined on Thursday as concerns over potential output curbs and softening steel demand weighed on market sentiment. The China Iron and Steel Association (CISA) confirmed that Beijing is actively…
ArcelorMittal's largest renewable energy project, a 1GW solar and wind hybrid installation in Andhra Pradesh, southern India, has begun supplying clean electricity to AM/NS India, the company's 60/40 joint venture with…
A new UK-US trade agreement will see tariffs on British steel exports to the United States reduced to zero, easing a key barrier for the UK steel industry. As part of the deal, tariffs on UK-made cars exported to the US…
Outokumpu Stainless has awarded SMS group the Final Acceptance Certificate (FAC) for the successful modernization of its Steckel mill in Tornio, Finland. The upgrade ensures the long-term viability of the mill by…
Iron ore futures rose on Wednesday, supported by fresh stimulus measures from Beijing, though concerns over long-term demand continue to persist. Chinese authorities announced a series of economic support steps…
Shagang, one of China's largest private steelmakers, has ordered a second DMS 20Hi EcoMill cold rolling mill to support its production of non-grain-oriented (NGO) electrical steel. The repeat investment reflects the…
ArcelorMittal Steel Service Centres Europe has partnered with WOLF GmbH to support the company's efforts toward more sustainable manufacturing. This collaboration highlights the practical use of low carbon-emissions…
Iron ore futures held steady on Tuesday, as cautious sentiment lingered in post-holiday trading. Market participants remained wary amid ongoing concerns about the global economic outlook. Last week, China's Ministry of…
India has proposed zero tariffs on steel, auto components, and pharmaceuticals, up to a certain import threshold, as part of ongoing trade talks with the US, Bloomberg reported, citing people familiar with the matter…
SSAB will invest around USD 74 mln to expand heat treatment capacity at its Axis, Alabama facility, significantly enhancing its ability to supply premium steel products to the U.S. market. The project includes a new…
Van Merksteijn Steel Group has completed its merger with Sudwest Beteiligungen, officially launching Reinforcing Steel Europe B.V. (RSE), the company announced. The new entity is headquartered in Almelo, the…
Hydnum Steel and Kingspan Group have announced a partnership to advance green steel use in the construction sector, aiming to reduce emissions and promote sustainable building materials. Hydnum Steel, headquartered in…
ArcelorMittal Nippon Steel India (AM/NS India), in partnership with INOX Air Products (INOXAP), has commissioned a state-of-the-art Air Separation Unit (ASU) with a capacity of 1,000 tons per day at its integrated steel…
Salzgitter, together with its subsidiary Salzgitter Flachstahl GmbH, is investing a triple-digit mln-euro sum in a new walking beam furnace and a waste gas heat recovery system at its hot strip mill. The upgrade aims to…
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