Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,785 news items in Global Steel News. Show all
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…
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Allseas to supply line pipes for the Buzios 10 offshore project, operated by Petrobras. The deal covers nearly 18,000…
Iron ore futures rose on Monday, supported by resilient short-term demand and optimism over potential stimulus measures, even as long-term demand concerns persisted. Chinese steel production remained elevated…
India has imposed a 12pct safeguard tariff on certain flat steel imports in a bid to curb a surge in shipments and protect domestic producers, according to a Ministry of Finance notification. The duty, effective…
Bansal Wire Industries, a leading Indian manufacturer of stainless steel (SS) and galvanized iron wires, has inaugurated its expanded SS wire facility in Dadri, Uttar Pradesh. With this expansion, the plant's annual…
Hyundai Motor Group and Posco Group have deepened their collaboration with a strategic focus on steel, aiming to enhance global competitiveness and secure supply chains in North America. Under the agreement, Posco will…
Tenaris has inaugurated its first solar energy park in Romania, marking a major step in its renewable energy strategy. The 20 MW facility, located in Calarasi, will supply electricity to the company's steel shop through…
Iron ore futures declined on Friday, pressured by ongoing concerns over the global demand outlook, even as short-term demand remains relatively strong. Trade tensions between Beijing and Washington, coupled with…
China Steel Corp (CSC), Taiwan's largest steelmaker, announced it will keep domestic flat steel prices unchanged for May 2025. The decision follows similar moves by China's Baowu Steel, which is maintaining prices for…
Nippon Steel Trading Corporation (NST) has signed an agency agreement with Viglacera Real Estate Company, a leading industrial park developer in Vietnam, to support the sales of industrial parks. NST has been serving as…
Nucor Corporation, the largest steel producer in the U.S., has awarded Fives a contract to install a new continuous galvanizing line at California Steel Industries (CSI) in Fontana, California. CSI is a joint venture…
Tenaris has renewed its commercial agreement with Ecopetrol, Colombia's largest energy company, extending their long-standing partnership for an additional two years. The collaboration, which spans over 15 years…
Iron ore futures ended nearly flat on Thursday, with short-term fundamentals providing support, though uncertainty over the long-term outlook continued to weigh on sentiment. The market found support from falling steel…
ArcelorMittal Nippon Steel (AM/NS) India plans to invest USD 30 bln over the next decade to expand its steel production capacity more than fourfold, reaching around 40 mln tons per annum, a senior official said. As part…
Salzgitter Mannesmann International GmbH (SMID) and Mannesmann Grossrohr GmbH (MGR) have signed a major agreement with Munich-based CNT Bau, a subsidiary of Portugal's Casais Group, for the supply of spiral-welded…
Italy's Tenova, a provider of sustainable solutions for the metals and mining industries and Coolbrook, a leader in industrial electrification, have formed a strategic partnership to advance Coolbrook's RotoDynamic…
Iron ore futures traded in a narrow range on Wednesday, as the market weighed mixed signals. While higher steel production and encouraging economic data lent some support, lingering trade tensions between China and the…
Chinese steelmaker Angang Ltd. has issued the Final Acceptance Certificate (FAC) to Primetals Technologies for completing a major automation upgrade at its 3.8-meter plate mill in Bayuquan, Liaoning province. Primetals…
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