JSW Steel recorded a 12pct YoY increase in consolidated crude steel production, reaching 2.4 mln tons in February 2025. In India, production rose 13pct YoY to 2.32 mln tons, up from 2.05 mln tons in February 2024, with…
ArcelorMittal has appointed Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective April 1, 2025. He will report to Aditya Mittal, CEO…
Iron ore futures rose slightly on Friday, ending a nine-session losing streak, as rising steel output and improving demand provided support. However, concerns over potential steel production curbs and escalating…
China's steel exports rose 6.7pct YoY in the first two months of 2025, reaching 16.97 mln tons, according to the General Administration of Customs. Despite strong export figures, the outlook for Chinese steel remains…
Chinese silicon steel producer Fujian Kebao Metal Products, a subsidiary of Sanbao Group, has ordered a continuous tandem cold mill (CTCM) from Primetals Technologies for its Zhangzhou plant in Fujian Province. The new…
SSAB is replacing the blast furnaces at its Oxelosund, Sweden, facility with an electric arc furnace and upgraded raw material handling. The new production system is expected to be operational by late 2026, marking the…
Belgian wire processing firm Bekaert has agreed to sell its steel wire solutions businesses in Costa Rica, Ecuador, and Venezuela to Grupo AG for an enterprise value of approximately USD 73 mln. The deal is expected to…
Iron ore futures fell on Thursday due to uncertainty over demand, driven by escalating trade frictions between the U.S. and China. However, Beijing's commitment to boosting domestic consumption and firm steel demand…
China's Baoshan Iron & Steel Co., Ltd. (Baosteel) has issued the final acceptance certificate (FAC) to SMS group for the installation of a coilbox in its 1880 mm hot strip mill, marking the near-completion of the…
Hyundai Steel, South Korea's second-largest steelmaker, is accepting voluntary layoffs from technical workers as it navigates industry headwinds and uncertainties surrounding a potential second Trump presidency…
SteelAsia Manufacturing Corp., the Philippines' leading steel producer, has successfully commissioned its first solar rooftop photovoltaic (PV) system at its Meycauayan steel plant in Bulacan. The 1.9 megawatt-peak…
Romanian steelmaker Liberty Galati, part of the Liberty Steel Group, has entered a pre-insolvency procedure to stabilize its business, optimize resource allocation, and attract new investments. The move comes amid…
Iron ore futures remained under pressure on Wednesday, marking their eighth consecutive session of decline as escalating trade tensions between the U.S. and China, along with potential steel production curbs, weighed on…
China plans to restructure its massive steel industry by cutting output to address overcapacity, which has led to global trade tensions, according to news reports. At the National People's Congress in Beijing, the…
Donghua Iron & Steel has commenced construction on its electric-arc furnace (EAF) project in Tangshan, Hebei province, featuring the installation of two new Danieli Zerobucket EAFs. Danieli's Zerobucket technology…
SSAB and Toyota Material Handling Europe have entered a fossil-free partnership, with Toyota becoming the first material handling equipment manufacturer to use SSAB Zero steel. Under the agreement, Toyota Material…
The European Commission is set to release an action plan addressing unfair trade measures affecting the steel sector and reassess import limits introduced during the Trump-era steel trade dispute, which are scheduled to…
Iron ore futures remained under pressure on Tuesday, marking their seventh consecutive session of decline. The drop was driven by ongoing U.S.-China trade tensions and steel production curbs in China. U.S. President…
India's finished steel imports from China, South Korea, and Japan reached a record high in the first 10 months of the financial year, according to provisional government data cited by Reuters. Imports from South Korea…
Salzgitter AG's subsidiary, Ilsenburger Grobblech GmbH, is contributing high-quality steel to the Rader High Bridge replacement project, a crucial infrastructure upgrade in northern Germany. Spanning 1,500 meters over…