Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns. While overall steel production has declined, blast furnace-based producers have maintained high output…
Tata Steel reported a slight YoY increase of 0.28pct in its consolidated steel production for the first quarter of FY26, reaching 7.29 mln tons, according to a stock exchange filing. However, consolidated deliveries…
JSW Steel reported a 14pct YoY increase in consolidated crude steel production to 7.26 mln tons for the first quarter of FY26, according to a stock exchange filing. However, output declined 5pct quarter-on-quarter…
Turkey's steel exports rose 18pct YoY in the first five months of 2025, reaching 6.3 mln tons, according to the Turkish Steel Producers' Association (TCUD). Export value also increased by nearly 8pct to USD 4.3 bln. In…
India's finished steel imports fell 27.6pct YoY in the first two months of the current financial year (April-May), driven by sharp declines in shipments from China and Japan, according to provisional government data…
Middle East's crude steel production declined by 3.4pct YoY to 23.8 mln tons in the first five months of 2025, according to the World Steel Association. Despite the overall drop, the region showed signs of recovery in…
Global stainless steel production reached 15.54 mln tons in the first quarter of 2025, marking a 6.2pct YoY increase, according to the latest data from the World Stainless Association (Worldstainless). However, output…
Pakistan's large-scale manufacturing (LSM) sector posted a growth of 2.29pct YoY in April 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, output declined by 3.2pct compared to March…
Turkish long steel producer Diler Holding announced that its bar rolling mill achieved a new monthly production record in May. The company's integrated spooled production line produced 20,231 tons during the month, an…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in value, both on YoY…
JSW Steel reported an 8pct YoY increase in consolidated crude steel production, reaching 2.27 mln tons in May 2025. In India, output grew 9pct YoY to 2.194 mln tons, despite a planned maintenance shutdown at the Dolvi…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 17.3pct YoY in the first four months of 2025, reaching 5 mln tons. Export value also increased by 7.6pct to USD 3.6 bln. In…
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ending March 31, 2025. In Q4 FY25, SAIL posted a revenue of INR 29,316 crore (USD 3.4…
Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association (CISA), average daily crude steel output among its…
Crude steel production in the Middle East dropped by 5.7pct YoY to 18.4 mln tons during the first four months of 2025, according to the World Steel Association. Despite the overall decline, April showed early signs of…
India's finished steel imports fell 11.3pct YoY to 0.5 mln tons in April, driven by a sharp decline in shipments from China and Japan, according to provisional government data reported by Reuters. The drop follows…
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding with ABB India to digitally enhance ironmaking and steelmaking operations at its Rourkela Steel Plant in Odisha. The collaboration will…
China's crude steel production held steady in April at 86.02 mln tons, according to data from the National Bureau of Statistics (NBS). Output was down 7pct from March but flat compared to the same month last year. For…
Pakistan's large-scale manufacturing (LSM) sector grew by 1.79pct YoY in March 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, on a monthly basis, LSM output fell sharply by 4.64pct…
UAE-based EMSTEEL, one of the region's leading publicly traded steel and building materials manufacturers, has announced its financial results for Q1 2025. The group reported revenue of AED 2.155 bln, up slightly from…