Iron ore futures surged on Friday, driven by expectations of increased steel production and strong domestic demand. Seasonal demand continues to rise during the peak construction season in March, as reflected by…
Pacific Steel Group (PSG) is developing a MIDA Hybrid QLP-DUE minimill in Mojave, California, incorporating Danieli-patented technologies and on-site renewable energy. Spanning 255,000 sqm, the facility will have the…
Steel producer Dillinger, in collaboration with Saarland University, RWTH Aachen University, and industry partners, has developed new high-performance steel types as part of the HL Steel Plate research project. Funded…
ArcelorMittal has signed a contract with Primetals Technologies to upgrade the automation systems at its compact strip production plant in Sestao, Spain. The project includes a new Level 1 system, a Level 2 automation…
Iron ore futures rebounded on Thursday, driven by hopes of seasonal steel demand, though escalating trade tensions capped gains. Market optimism was fueled by expectations of increased steel production following…
Indian Union Minister Bhupathiraju Srinivasa Varma launched three R&D initiatives under the Steel Research Technology Mission of India (SRTMI) to advance steelmaking innovation, according to an official statement…
Boston Metal, a pioneer in steel decarbonization, has successfully commissioned its multi-inert anode Molten Oxide Electrolysis (MOE) industrial cell for green steel production. This milestone validates the performance…
Utility, a leader in affordable and reliable hydrogen solutions, has successfully operated its H2Gen system at a major steel plant in North America. The system achieved a global first by producing hydrogen directly from…
A major steel plant in Puerto Suarez, Bolivia, largely funded by the Export-Import Bank of China, has begun operations and is set to supply half of the country's steel demand, according to media reports. The USD 546 mln…
Iron ore futures declined on Wednesday, erasing gains from the previous session as concerns over potential steel production curbs weighed on market sentiment. Earlier in the day, iron ore prices had been rising amid…
U.S. President Donald Trump has officially raised tariffs on all steel and aluminum imports to 25pct, ending country exemptions and phasing out product exclusions. The move, which expands the original 2018 tariffs, has…
Hyundai Steel, South Korea's second-largest steelmaker by sales, announced it will resume operations at its cold-rolled steel plant this week and restart wage negotiations with its labor union. The facility, part of the…
ArcelorMittal has announced a maintenance plan worth over EUR 270 mln (USD 294 mln) for its plants in Dunkirk and Fos-sur-Mer, France. The company will shut down operations for 90 days at its main blast furnace in…
British Steel's wire rod team has successfully retained its IATF 16949 certification, reaffirming its commitment to quality and reliability, according to a company press release. The annual audit for the Scunthorpe Rod…
Iron ore futures remained largely unchanged on Tuesday as market sentiment was weighed down by uncertainty over steel demand, potential production cuts, and rising global trade tensions. Hopes for major economic…
SSAB has signed an agreement with global construction equipment manufacturer Putzmeister to supply fossil-free steel for products like concrete pump trucks and mixers. As construction and manufacturing contribute…
Liberty Steel UK's Hartlepool pipes division has commenced work on pipeline production for the Net Zero Teesside Power (NZT Power) project at Teesworks, following its contract win last year on the BP-led initiative. In…
Italy's Danieli & C. Officine Meccaniche S.p.A., a global leader in iron and steelmaking plants, has signed a Memorandum of Understanding with Newcleo SA, a nuclear energy innovator, to explore the use of Lead-cooled…
Iron ore futures fell on Monday, giving up early gains as concerns over demand overshadowed optimism about potential stimulus measures from Beijing. The uncertainty stemmed from possible crude steel output restrictions…
India's steel imports fell sharply in February to 0.6 mln tons, marking a 40pct decline sequentially and 29pct drop month-on-month. The decline was driven by concerns over an ongoing DGTR probe, which has raised…