Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,789 news items in Global Steel News. Show all
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…
ArcelorMittal South Africa (ArcelorMittal SA) is in talks with the government and other stakeholders for funding to potentially delay the planned closure of its long steel operations. However, the company emphasized…
The Uusimaa Centre for Economic Development, Transport, and the Environment (ELY Center) has issued its reasoned conclusion on the Environmental Impact Assessment (EIA) for Blastr's low-emission steel plant. This marks…
The European Commission has announced a comprehensive action plan to support and expand industrial capacities in the steel and metals sectors, aiming to counter market distortions such as global overcapacity and…
Iron ore futures continued to decline on Wednesday as concerns over steel demand persisted following weak property data and rising trade protectionism against Chinese steel products. According to China's National Bureau…
Jiangsu Shagang Group has successfully restarted its 5,800-cubic-meter Blast Furnace #4 at the Zhangjiagang plant in Jiangsu province following a major modernization by Danieli Corus. The upgrade involved converting the…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
Taiwan's Customs Administration has extended anti-dumping duties on cold-rolled stainless steel from China and South Korea for another five years. The tariffs, set at 38.11pct for Chinese imports and 37.65pct for South…
Andec's Mill plant in Ecuador has successfully completed its modernization project with AIC's expertise. This comprehensive upgrade involved revamping the PLC, converters, recipe systems, and HMI, requiring specialized…
Iron ore futures declined on Tuesday as weak property sector data cast doubt on demand recovery. However, firm steel demand and lower shipments from major iron ore miners helped limit losses. Latest property market…
Tokyo Steel, Japan's leading EAF-based steel producer, has announced price adjustments for April sales. HRC prices have been reduced by JPY 3,000 (USD 20) per ton to JPY 89,000 (USD 598) per ton, while pickled and oiled…
The European Commission is considering export duties of up to 25pct on scrap metal to support the domestic industry amid concerns over trade disruptions from U.S. tariffs, according to a draft EU plan seen by Reuters…
The global long steel market is facing unprecedented protectionist measures, with governments worldwide imposing tariffs and trade barriers, according to the latest outlook from the International Rebar Producers and…
Iron ore futures fell on Monday as weak steel output and struggling property data in China raised concerns about demand for the key steelmaking raw material. According to China's National Bureau of Statistics (NBS)…
State-owned Steel Authority of India Ltd (SAIL) plans to double the capacity of its Rourkela Steel Plant (RSP) to 9 mln tons per annum by 2030, investing INR 30,000 crore (USD 3.45 bln). Covering 1,200 acres, the…
SMS group has successfully upgraded the automation system of Hot Strip Mill No. 1 at PT Krakatau Steel Persero (PTKS) in Cilegon, Indonesia, marking a key milestone with the production of the first sellable coil. This…
Lindab Steel, a subsidiary of ventilation leader Lindab AB, has signed a memorandum of understanding (MoU) with Salzgitter Flachstahl GmbH for the supply of CO2-reduced steel from the SALCOS route. This environmentally…
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