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
Rodacciai has completed the upgrade of its rolling mill at the Sirone plant with AIC (Automazioni Industriali Capitanio), marking a key step in its modernization efforts. The project involved relocating and upgrading…
Iron ore futures rebounded on Tuesday as improving steel demand lifted market sentiment. Industry insiders noted a pickup in downstream steel consumption this week, providing further support to iron ore prices. Adding…
Welspun Corp, an Indian pipe producer, has secured major orders in the US worth INR 3,000 crore (USD 345.5 mln) for natural gas pipeline projects, according to a stock exchange filing. The company has received orders…
South Korean special steel producer Seah Besteel is intensifying its global market expansion by developing specialized steel wire rod materials for the energy sector. The company recently announced the successful…
Olympic Steel, Inc. has placed an order with international technology group Andritz for a state-of-the-art cut-to-length line at its facility in Minneapolis, Minnesota. This new line will enhance Olympic Steel's…
Iron ore futures fell on Monday as supply concerns eased following the reopening of Western Australia's Port Hedland, the world's largest iron ore hub. The port resumed operations after Tropical Cyclone Zelia passed…
Taiwan's China Steel Corp (CSC) has decided to maintain domestic prices for most steel products in March, citing the need to hedge against risks following the new US tariffs. As a result, prices for commercial-grade HR…
Shinkasai Steel has successfully begun operating a digital Electric Arc Furnace (EAF) in Osaka, following the installation of the Q-One power feeder, according to a press release from Italian equipment provider Danieli…
Baku Steel Company and Jindal Steel International have submitted their bids for Acciaierie d'Italia (ADI), formerly known as Ilva, according to the Italian government. In the latest phase, two additional bids were…
BlueScope's net profit for the six months ending December 31, 2024, saw a sharp decline, according to its financial results. The company reported a net profit after tax of AUD 179.1 mln (USD 113.7 mln) for H1 FY25, down…
Dalian iron ore futures continued to decline on Friday as weak steel demand and escalating trade tensions weighed on market sentiment. Steel consumption in China remained sluggish after the Lunar New Year holidays…
India's finished steel imports reached a record high in the first 10 months of the financial year that began in April, according to provisional government data reported by Reuters. Steel imports totaled 8.3 mln tons…
Meriaura Energy Oy's solar thermal system is providing low-carbon heat to households in Bad Rappenau, Germany, using custom SSAB cold-formed open sections, SSAB announced in a press release. Covering 29,000 square…
Primetals Technologies has received the final acceptance certificate (FAC) from ASONEXT for the upgrade of its 40-ton argon-oxygen decarburization (AOD) converter at the Italian stainless steel producer's Brescia…
Iron ore futures fell on Wednesday as escalating trade tensions and concerns over excess steel supply weighed on market sentiment, despite supply disruptions in Australia. The White House announced that President Donald…
SMS group has signed a major contract with Qinghai Xigang New Materials Co., Ltd., a subsidiary of Xining Special Steel, to upgrade and maintain its PSM380 (Precision Sizing Mill) used for rolling special steel bars…
The Indian government has mandated quality standards for stainless steel seamless pipes and tubes to curb substandard imports, promote domestic manufacturing, and ensure consumer safety. The order issued by the…
Outokumpu has completed a feasibility study on using small modular reactor (SMR) technology to enhance low-carbon energy availability near its largest stainless steel plant in Tornio, Finland. The study confirmed the…
Iron ore futures recovered on Wednesday as supply concerns resurfaced, lifting commodity markets after a sharp decline triggered by former U.S. President Donald Trump's announcement of tariffs on steel and aluminum…
SMS group has supplied a high-capacity hot strip mill (HSM) to Jindal Steel's Angul site in Odisha, India. Designed for an annual capacity of five mln tons, the 1,780 mm mill features advanced rolling technologies for…
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