Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
2,782 news items in Global Steel News. Show all
Baoshan Iron & Steel Co. (Baosteel), China's largest listed steelmaker, reported a 26.4pct YoY increase in net profit for the first quarter of 2025, reaching 2.434 bln yuan (USD 333 mln), up from 1.926 bln yuan in the…
India is encouraging companies to acquire iron ore, coking coal, and other key raw material assets overseas to support its expanding steel sector, Steel Secretary Sandeep Poundrik said, according to Reuters. "We are…
The South Korean Ministry of Economy and Finance has imposed provisional anti-dumping duties on hot-rolled plate imports from China. The duties, ranging from 27.91pct to 38.02pct, apply to China-origin hot-rolled carbon…
Iron ore futures declined on Friday, pressured by persistent concerns over long-term demand, even as near-term buying interest remained solid. The iron ore and steel markets faced headwinds throughout the week due to…
India's steel imports rose sharply in FY25, ended March 31, 2025, while exports saw a significant decline, according to data from the Ministry of Steel. Total steel imports reached 9.5 mln tons, marking a 14.6pct YoY…
AM/NS Calvert has commissioned SMS group to upgrade the automation system at its high-capacity hot strip mill in Calvert, Alabama, aiming to enhance operational efficiency and bring the facility up to the latest…
Beumer Group South America has secured two contracts from Gerdau S.A. to supply new stockyard equipment to the Gerdau Acominas steel plant in Ouro Branco, Brazil. The scope includes a bridge-type bucket wheel reclaimer…
ArcelorMittal has been selected by Vestas to supply low carbon-emissions heavy plates for the Nordlicht 1 offshore wind farm, part of its ongoing partnership with Vestas to support low-emissions steel production. This…
Iron ore futures declined on Thursday, as market sentiment remained cautious despite steady short-term demand ahead of the Labour Day holidays. A rebound in iron ore supplies from major miners added pressure to prices…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
The Thai Industry Ministry has proposed scrapping the certification standard for steel produced using induction furnaces (IF), citing environmental and quality concerns. Industry Minister Akanat Promphan said IF…
In March 2025, the U.S. imported a total of 2.495 mln tons of steel, including 1.819 mln tons of finished steel, representing increases of 11.4pct and 11.9pct, respectively, compared to the previous month, according to…
SWEP, a leading supplier of brazed plate heat exchangers (BPHEs) and part of Dover Corporation, has introduced CO2-reduced steel as an option for customers aiming to lower the carbon footprint of their heating systems…
Iron ore futures jumped on Tuesday, driven by optimism around easing U.S.-China trade tensions and robust near-term demand, which boosted market sentiment. U.S. President Trump signaled a potential softening in the…
India's largest stainless steel producer, Jindal Stainless, in collaboration with clean energy provider AB Energia Solutions Pvt. Ltd., has successfully installed and commissioned a 30.34 megawatt-peak (MWp) solar power…
British Steel has announced the suspension of its redundancy consultation affecting up to 2,700 employees, following successful efforts to stabilize raw material supply for its two blast furnaces. All operations…
Fagersta Stainless, part of the Marcegaglia Group since 2023, has signed an agreement with Danieli to install a new stainless steel blooming mill at its historic plant in Fagersta, Sweden. The mill will be capable of…
Iron ore futures posted modest gains on Tuesday, supported by near-term demand, even as market sentiment remained cautious due to a rise in protectionist measures targeting Chinese steel exports. India recently imposed…
Hyundai Steel has become the first Korean steelmaker to receive U.S. quality certification for steel products used in nuclear reactors, marking a significant step toward entering the U.S. and global nuclear markets. The…
Clariant, a specialty chemicals company focused on sustainability, has renewed and expanded its partnership with Midrex to further collaborate on direct reduced iron (DRI) technology for low-carbon steel production. The…
“Premium Content” marks a news item that needs a subscription to read in full.
