Huttenwerke Krupp Mannesmann (HKM) has permanently decommissioned Blast Furnace A at its Duisburg site after more than 53 years of operation, as part of Salzgitter AG's transition toward lower-carbon steel production…
MagIron has completed a concept and economic study with Primetals Technologies evaluating large-scale granulated pig iron production integrated with its existing facilities in Minnesota and Indiana. The study assessed…
ArcelorMittal plans to permanently end crude steel production and billet production at its Duisburg site from October 2027, while keeping the downstream wire rod mill in operation. The site's long-term pig iron supply…
Turkey's Kardemir posted a consolidated net profit of TRY 5.98 bln (USD 124.7 mln) in January-June 2026, compared with a net loss of TRY 335.8 mln in the same period last year, while EBITDA rose 49.4pct YoY to TRY 4.75…
Nemo Industries has selected Tenova's ENERGIRON technology for a new direct reduction plant in Louisiana, US, as part of its planned Ironworks I pig iron production project. The plant will have annual production…
India's crude steel production increased by 5.8pct YoY to 14.09 mln tons in April 2026, supported by strong demand from the infrastructure, construction, and manufacturing sectors, local media reported citing data from…
China's Baoshan Iron & Steel Co. reported weaker profitability in the first quarter of 2026, with net profit attributable to shareholders falling 8.6pct YoY to 2.23 bln yuan (USD 326 mln). Revenue rose 5.7pct YoY to…
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…
Turkey imported 1.67 mln tons of pig iron between January and September 2025, a sharp 75pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1.3…
Turkey imported 1.49 mln tons of pig iron between January and August 2025, marking a 65pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Russia remained the leading supplier with 1.1 mln…
Turkey imported 1.4 mln tons of pig iron in the first seven months of 2025, up 61pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the dominant supplier with 1 mln tons, followed…
South Africa's International Trade Administration Commission (ITAC) has proposed new import duties of up to 30pct on steel products in a bid to protect the domestic sector from rising import pressure. The proposal…
Turkey imported 1.4 mln tons of pig iron in the first half of 2025, up 51pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia was the largest supplier with 860,000 tons, followed by…
SSAB has secured an additional EUR 430 mln (USD 504 mln) in green financing to advance its transformation project in Lulea, Sweden. This follows a successful debt raising in April 2025 and supports the construction of a…
Turkey imported around 700,000 tons of pig iron during the first four months of 2025, a 26pct rise compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Russia remained…
Turkey imported approximately 447,000 tons of pig iron in the first quarter of 2025, marking a 1.4pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
Baoshan Iron & Steel Co. (Baosteel), China's largest listed steelmaker, reported a 26.4pct YoY increase in net profit for the first quarter of 2025, reaching 2.434 bln yuan (USD 333 mln), up from 1.926 bln yuan in the…
Turkey imported approximately 212,000 tons of pig iron in the first two months of 2025, marking a 26pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Russia remained the top supplier…
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…
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…