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
U.S. President Donald Trump has announced a 10pct minimum import tariff on most goods entering the country, raising concerns about a potential global trade war. The new tariffs will take effect on April 5, 2025. In…
ArcelorMittal Nippon Steel India (AM/NS India) has begun acquiring land in Anakapalli district, Andhra Pradesh, for its planned integrated steel plant in Rajayapeta. The initial payment has been made, and possession is…
Hydnum Steel, Southern Europe's first clean steel plant, and Thyssenkrupp Materials Processing Europe, a leader in steel and aluminum processing, are teaming up to advance the decarbonisation of the steel industry…
Voestalpine Donawitz has successfully restarted its LD converter (BOF) No. 4 after a revamp by Primetals Technologies. The updated converter, with a tapping weight of 67 tons, replaces the previous one, which had…
Iron ore futures climbed on Wednesday, supported by improving market fundamentals, though demand concerns persist. Rising steel production, driven by seasonal demand and improved mill margins, bolstered market…
Chinese authorities have introduced new export tax regulations aimed at optimizing export services and improving tax compliance. These changes will particularly impact steel exports from Chinese traders who were…
ArcelorMittal Nippon Steel India (AM/NS India) has launched its first scrap processing facility at its Khopoli site in Maharashtra, with a capacity of 120,000 tons per year. This is the first of four units planned…
JFE Steel Corporation and Yamato Steel announced a collaboration in Japan's H-beam structural-steel market, starting in April this year. As the first step, Yamato Steel will begin supplying selected H-beam products from…
Marcegaglia Gazoldo Inox has awarded Tenova, a leading provider of sustainable solutions for the green transition of the metals industry, a contract to modernize and restart its 20-Hi Cold Rolling Mill at the Gazoldo…
Iron ore futures dipped on Friday as market sentiment remained cautious amid a slight rise in port inventories and escalating trade tensions. While the most-traded iron ore contract posted a weekly gain, driven by…
South Korea's Hyundai Steel will suspend operations at its Incheon rebar plant for one month starting in April amid falling prices and weak construction demand, according to local media citing industry sources. The…
U.S. steel imports declined sharply in February 2025, according to preliminary data from the U.S. Census Bureau reported by the American Iron and Steel Institute (AISI). Total steel imports fell to 2.2 mln tons…
British Steel has announced a formal consultation that could lead to the closure of its two blast furnaces and steelmaking operations in Scunthorpe, placing up to 2,700 jobs at risk from its 3,500-strong workforce. The…
Iron ore futures extended gains on Thursday, buoyed by robust steel demand in China's domestic market, although concerns over long-term demand remain. Inventory levels of major finished steel products in Chinese…
JFE Steel Corporation, Mitsubishi Gas Chemical, and Mitsubishi Chemical have signed an MoU for a demonstration project at the Mizushima Complex in Kurashiki, Japan. The initiative will produce methanol from by-product…
Thyssenkrupp Steel has completed the modernization of a Walking Beam Furnace (WBF) at its Bruckhausen Plant in Duisburg, Germany, with Tenova receiving the Final Acceptance Certificate for the project. The upgraded…
Tata Steel has appointed three South Wales contractors to support its GBP 1.25 bln (USD 1.61 bln) green steelmaking investment at Port Talbot. The contracts, awarded to Bridgend-based Darlow Lloyd and Sons, Wernick…
GravitHy, a low-carbon iron producer, has secured EUR 60 mln (USD 65 mln) in funding, including public support from France's Premiere Usine program. The round attracted new investors such as Ecolab, Japan Hydrogen Fund…
Iron ore futures edged higher on Wednesday, supported by firm near-term demand, though the broader outlook remains uncertain due to steel production curbs by some Chinese mills. Chinese steelmakers have ramped up output…
The European Commission (EC) has strengthened steel safeguard measures to protect EU steel producers from surging imports, reducing the liberalization rate from 1pct to 0.1pct, which significantly limits the volume of…
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