Iron ore futures continued to decline on Wednesday, weighed down by escalating trade tensions between the U.S. and China, which have intensified concerns over global steel demand. The U.S. confirmed it will impose…
India's steel imports surged in FY25 (ended March 2025), while exports remained subdued, according to data from the Ministry of Steel. Steel imports rose 14.6pct YoY to 9.5 mln tons, whereas exports fell by 35pct to 4.9…
Nippon Steel Corporation, Japan's largest steelmaker, is partnering with TIER IV, the developer of the world's first open-source autonomous driving software, to automate steel transportation at its Nagoya plant by…
Blastr Green Steel (Blastr) has signed a Memorandum of Understanding with Vogten Staal, a leading European steel service center, for the annual supply of ultra-low CO2 steel. This partnership will provide Vogten's…
Iron ore futures extended losses on Tuesday as rising trade tensions between the U.S. and China clouded the demand outlook. China vowed to take countermeasures after former U.S. President Donald Trump threatened to…
JSW Steel reported its highest-ever quarterly consolidated crude steel production of 7.63 mln tons in Q4 FY25, marking a 12pct YoY increase and a 9pct rise from the previous quarter, according to a stock exchange…
Primetals Technologies, in partnership with Mitsubishi Corporation, Rio Tinto, and Voestalpine, has signed an agreement to accelerate the development of fluidized bed and smelter technologies for net-zero CO2 emissions…
SSAB Swedish Steel S.p.A. in Ghedi, Italy, will upgrade its steel cutting line during the planned maintenance period from July to September. The upgrade will enable the facility to cut ultra-high strength SSAB steel…
Alfa Acciai has awarded Danieli the contract to supply a state-of-the-art spooler line for its Brescia facility in northern Italy. The new line will replace the existing one and overcome the current weight limit of…
Iron ore futures tumbled on Monday amid rising tensions between the United States and China, casting a shadow over the global demand outlook. The deepening trade dispute has heightened investor concerns, further weighed…
Tata Steel's consolidated steel production rose by 3.54pct YoY to 30.75 mln tons in FY25, according to the company's filing with the stock exchange. Consolidated steel deliveries for the same period reached 30.86 mln…
Vietnam's Ministry of Industry and Trade has announced provisional anti-dumping duties on coated steel imports from China and South Korea, following an investigation into the impact of these imports on domestic…
Hyundai Steel has awarded a contract to Pomini Long Rolling Mills to supply a new Pomini Quenching System (PQS), replacing the existing Tempcore system at its Pohang plant in South Korea. The PQS system will enhance…
SSAB, Outokumpu, and Alfa Laval have formed a strategic partnership to reduce the carbon footprint of Alfa Laval's plate heat exchangers by up to 60pct. The collaboration integrates SSAB's fossil-free SSAB Zero steel…
India's Jindal Steel & Power Limited (JSPL) has acquired Haryana-based steel manufacturer Allied Strips Limited (ASL) for INR 217.53 crore (USD 25.4 mln) in cash through its wholly owned subsidiary, Jindal Steel Odisha…
NS-Siam United Steel Co., Ltd. (NS-SUS), a subsidiary of Nippon Steel Corporation, will invest approximately USD 58 mln to expand its electric plating line (EPL) in Thailand. The expansion aims to meet rising demand for…
CriteriaCaixa, the investment holding company, has reached a preliminary agreement to acquire a 20pct stake in Celsa Group, Europe's leading producer of low-emission circular steel, through a capital increase. Celsa's…
SSAB, a global steel manufacturing leader, has awarded SMS group an Early Services Agreement for a cold rolling complex at its Lulea, Sweden facility. This project highlights SSAB's commitment to sustainable steel…
Fagersta Stainless, a leading stainless steel producer and part of the Marcegaglia Group since 2023, has selected Danieli technologies for key product-expansion initiatives at its facility in Fagersta, Sweden. These…
Iron ore futures dipped on Thursday as market sentiment weakened following the latest U.S. tariff announcement. Global stock markets plunged after U.S. President Donald Trump imposed tariffs on nearly all imports…