SSAB has successfully completed HYBRIT's pilot project for fossil-free hydrogen gas storage, confirming its feasibility for large-scale iron and steel production. The project, submitted to the Swedish Energy Agency…
Iron ore futures fell on Monday as steel production curbs and rising trade frictions dampened market sentiment. According to market sources, Chinese authorities have ordered steel producers in Tangshan, a major steel…
India's state-owned iron ore miner NMDC reported a 17.8 pct YoY increase in production, reaching 4.62 mln tons in February 2025, up from 3.92 mln tons in the same month last year, according to a stock exchange filing…
ArcelorMittal South Africa (ArcelorMittal SA) will halt long steel production by the end of the second quarter of 2025 after failing to reach an agreement with the government to prevent the plant's closure. The company…
SSAB and Italian crane manufacturer Fassi have signed an agreement for future deliveries of low-emission steel. The deal covers both fossil-free steel made from iron ore and SSAB Zero, produced from recycled scrap, for…
Iron ore futures fell on Friday, weighed down by concerns over U.S. tariffs and escalating trade frictions affecting Chinese steel exports. U.S. President Donald Trump announced plans to impose a new 10pct tariff on all…
Baosteel Desheng Stainless Steel Co., Ltd., a subsidiary of China Baowu Steel Group, has issued the Final Acceptance Certificate (FAC) to SMS Group for the successful completion of its Vacuum Oxygen Decarburization…
Rourkela Steel Plant (RSP), a unit of the state-owned Steel Authority of India Limited (SAIL), has commenced construction on its 2 mln tons per annum pellet plant. On February 14, 2025, RSP signed a contract with a…
Jindal Steel has increased its bid for a struggling Italian steelmaker Acciaierie d'Italia (ADI), to approximately EUR 4 bln (USD 4.17 bln), aiming to outbid competitors from Azerbaijan, Bloomberg reported, citing…
Blastr Green Steel has signed an MoU with Aurora Infrastructure for a build, own, and operate (BOO) agreement to develop electricity distribution facilities for its planned steel plant in Inkoo, Finland. Aurora will…
Iron ore futures fell on Thursday as a deteriorating outlook for Chinese steel exports fueled demand concerns. Key markets for Chinese steel, including Vietnam and South Korea, recently announced anti-dumping measures…
Dongkuk CM, a subsidiary of Dongkuk Steel Group, plans to file an anti-dumping complaint against Chinese-origin color-coated and galvanized steel imports used in the construction sector. The move, in collaboration with…
Vinton Steel LLC, the U.S. subsidiary of Kyoei Steel, has awarded Tenova a contract to supply a new melt shop at its El Paso, Texas, facility. Tenova, a leader in sustainable solutions for the metals industry, will…
Outokumpu, a global leader in sustainable stainless steel, has signed an off-take agreement with Canadian mining company Greenland Resources Inc. for the future supply of a key raw material at competitive prices. The…
Iron ore futures continued to decline on Wednesday as market sentiment was weighed down by speculation about potential steel production cuts in China. According to several Chinese steel traders, the government is…
The Centre for Research on Energy and Clean Air's biannual review of China's steel sector in 2024 highlights the gap between current industry trends and the country's climate targets. Despite declining domestic demand…
India's Welspun Corp has established a wholly-owned subsidiary, Welspun Europe S.A., in Spain to strengthen its export presence across all business verticals, according to the company's exchange filing. Welspun…
British Steel has developed a new rail profile in collaboration with Infrabel, Belgium's railway infrastructure operator, the company announced in a press release. Engineers at British Steel's Scunthorpe Rail and…
The UK's Trade Remedies Authority (TRA) has proposed extending anti-dumping and countervailing measures on organic coated steel imports from China until May 2029. In its preliminary findings, the regulator determined…
Iron ore futures extended losses on Tuesday as market sentiment remained weak due to anti-dumping duties on Chinese steel imposed by key buyers and a recovery in iron ore supply. Concerns over steel demand resurfaced…