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2,785 news items in Global Steel News. Show all
JSW Steel will transfer its sponge iron unit in Salav, Raigad, Maharashtra, to its wholly-owned subsidiary, JSW Green Steel, as part of its plan to reduce its carbon footprint, the company announced in a stock exchange…
Steel Authority of India Limited (SAIL) has signed a strategic agreement with McKinsey & Company India LLP to accelerate its digital transformation and enhance operational efficiency. The partnership will leverage AI…
Severstal has implemented a mathematical model to analyze the resistance of blast furnace material layers to gas flow, enhancing its blast furnace expert system. "As part of our R&D efforts, we upgraded our laboratory…
Iron ore futures rose on Tuesday, supported by strong near-term demand, though gains were limited due to steel output reductions in some regions of China. Expectations of strong steel demand during the spring season and…
China's Zenith Steel Group has signed a strategic cooperation agreement with Contemporary Amperex Technology Limited (CATL) to collaborate on clean energy, green logistics, and resource recycling, aiming to advance a…
India has signed 42 agreements with 25 companies for the production of high-end steel under the second round of the Production-Linked Incentive (PLI) Scheme for specialty steel, with an estimated investment of nearly…
South Korea's Hyundai Motor Group plans to invest USD 5.8 bln in a new ultra-low carbon steel mill in Donaldsonville, Ascension Parish, to supply its U.S. automotive plants. Spanning 1,700 acres, the facility will be…
Benteler Steel/Tube GmbH & Co KG has commissioned SMS group to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced CARTA neo SRM Technology System. This modernization will replace the…
Iron ore futures surged on Monday as Chinese steel mills ramped up production, fueling positive market sentiment. However, long-term demand concerns remain. With the anticipation of stronger steel demand in the spring…
South Korean steel producer Posco has announced plans to sell its entire stake in Nippon Steel, valued at KRW 467 bln (USD 318 mln), while maintaining their long-standing partnership. The stake has been reclassified as…
International technology group Andritz has secured an order from ArcelorMittal Calvert to supply an annealing and coating line, along with a cold rolling mill, for its new state-of-the-art electrical steel facility in…
Dusseldorf-based Hoberg & Driesch Rohrengruppe, a leading European steel tube distributor with branches in ten countries, has reached an agreement to acquire part of Salzgitter Mannesmann Stahlhandel GmbH's tube…
Severstal has completed the first stage of an investment project to boost finished product shipments at the Cherepovets Metallurgical Plant (CherMK), a key flat-rolled steel production facility. The plant has increased…
Iron ore futures slipped on Friday as Beijing's pledge to cut excess steel capacity and mounting trade barriers on Chinese steel products dampened market sentiment. According to Bloomberg, China's steel industry plans…
An incident at Tata Steel's Kalinganagar melt shop injured nine individuals, the company said in a statement, without providing specific details. Local media reports suggested the injuries resulted from an explosion at…
Thailand-based hot-rolled coil producer G Steel, a subsidiary of Nippon Steel Corporation, is expanding its Rayong plant by adding cold rolling capabilities. The company has partnered with Danieli to install a four-high…
Japanese stainless steel producer Nippon Yakin Kogyo has successfully rolled the first coil on its newly installed HZ-Mill from Primetals Technologies at its Kawasaki plant. This marks the first use of an HZ-Mill for…
Italy's Minister of Enterprises and Made in Italy, Adolfo Urso, announced that Baku Steel has submitted the best offer among three bidders for the troubled Taranto steel plant, one of Europe's largest steelworks…
Iron ore futures continued to decline on Thursday amid persistent concerns over demand, though strong domestic steel consumption helped limit losses. The outlook for iron ore was further pressured by rising…
Steel Exchange India has increased production capacity at its billet mill and rolling bar mill at its Visakhapatnam plant in Andhra Pradesh. The billet mill capacity has been expanded by 45pct, rising from 250,000 tons…
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