Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,768 news items in Global Steel News. Show all
Swedish steelmaker SSAB, through its distributor Tibnor, will supply steel for four additional electric service vessels ordered by Norwegian shipping company AQS Rederi from Salthammer Batbyggeri, a Norwegian shipyard…
China's iron ore futures strengthened on Monday, supported by tighter short-term supply, improving market sentiment and expectations of stronger steel demand ahead of the September peak season. China's iron ore arrivals…
Xinyu Iron and Steel, part of Baowu Group, has commissioned a new production facility with annual capacity of 250,000 tons of non-grain-oriented (NGO) electrical steel, with key process technologies supplied by Fives. A…
ArcelorMittal Brasil has approved a BRL 4-5 bln (USD 0.7-0.9 bln) investment to install a cold rolling mill and continuous coating line at its Tubarao unit in Serra, Espirito Santo. The project will enable the company…
Tubos y Flejes SLU (Tuflesa), part of the Bornay Group, has commissioned SMS group to modernize the sizing section of its ERW tube line at its Las Torres de Cotillas plant near Murcia, Spain. The ERW-RD-240 line…
Salzgitter Flachstahl, a subsidiary of Salzgitter AG, has launched TektoSal 450, a new wear-resistant special steel available as strip steel for applications exposed to abrasive wear. The material combines high hardness…
Cogne Acciai Speciali has awarded Danieli Service a modernization project to upgrade the cooling chamber of the continuous casting machine for special steel blooms at its Aosta plant in Italy. The project aimed to…
China's iron ore futures edged lower on Thursday as rising coking coal and coke costs put further pressure on steel mills, while expectations of higher steel production and firmer seasonal demand provided some downside…
Indian steelmaker JSW Steel has placed an order for two pelletizing plants with a combined capacity of 16 mln tons per year at its Paradeep facility in Odisha, as the company continues to expand its iron ore processing…
Japan's JFE Steel has been selected for a research and development project aimed at developing steel pipe materials for transporting high-pressure CO2, supporting the deployment of carbon capture and storage (CCS)…
The UK government has extended existing anti-dumping duties on certain welded tubes and pipes originating from Belarus and China for another five years, following an expiry review by the Trade Remedies Authority (TRA)…
China's iron ore futures strengthened on Wednesday as improving expectations for steel production provided support to the market, although rising iron ore supply limited the upside. Market sentiment improved as steel…
Tata Steel Ludhiana has received the Bureau of Indian Standards (BIS) licence under IS 14650:2023 for producing octagonal billets, becoming the first steel producer in India to receive the certification. The certified…
Swedish specialty steelmaker Alleima plans to invest around USD 20 mln to expand production capacity and capabilities for advanced tubing products at its existing facility in Mehsana, India. The investment will add…
CME Group has launched its U.S. Zinc Futures contract, with the first trades executed by Glencore and Trafigura on CME Globex on August 20 for September delivery. The contract, which is physically settled and listed by…
China's Jingye Steel has urged the UK government to provide compensation following the nationalization of its British Steel assets, saying the move was carried out under emergency legislation without prior consultation…
China's iron ore futures edged lower on Tuesday as firm cost support failed to offset weaker iron ore fundamentals and cautious buying from steel mills. On the raw material side, coking coal remains firm, with tight…
India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct YoY to 56 mln tons during the period…
India's JSW Steel has selected Austria-based Andritz to supply a continuous galvanizing line at its Toranagallu steel plant in Karnataka, strengthening its capacity to produce value-added galvanized steel for automotive…
US President Donald Trump said the United States will impose a 50pct tariff on Canadian steel, automobiles and automotive parts from January 1, 2027, escalating trade tensions after bilateral negotiations collapsed over…
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