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Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising global shipments and higher inventories at Chinese ports are…
Fushun Special Steel Co. Ltd., a subsidiary of Shagang Group, has granted final acceptance to Kocks for its 3-roll Reducing & Sizing Block (RSB 370++/4), marking the successful integration of the new block into regular…
AM/NS India has become the first integrated steelmaker in India to receive Green Steel certification under the Ministry of Steel's newly introduced green steel taxonomy, the company said. Following an independent audit…
ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…
ArcelorMittal has achieved the first heat under the SteelUp! modernization project at its Belval site in Luxembourg, marking a major milestone in the upgrade of the facility's steelmaking operations. The SteelUp!…
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of China's total billet exports, customs data showed. Based on exports…
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier…
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp improvement in earnings for the first half of FY26 ended December 31, 2025. The company's net profit rose 80pct YoY to PKR…
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports remain a key overhang, limiting price support…
India's state-owned miner NMDC Ltd produced 5.56 mln tons of iron ore in January 2026, up 9pct YoY from 5.1 mln tons, according to a stock exchange filing. Iron ore sales also rose nearly 7pct YoY to 4.48 mln tons…
Hyundai Steel has started mass production of low-emission steel sheets that reduce carbon emissions by around 20pct compared with conventional blast furnace products. The materials will be supplied to automakers Hyundai…
Romania-based UMB Steel has commissioned SMS group to supply Europe's first Continuous Mill Technology (CMT 700) at its Otelu Rosu site. The new long steel products mill will be integrated into the existing steelmaking…
UK-based Binding Solutions Limited (BSL) has completed a USD 5 mln equity fundraising round led by existing shareholders, including Mitsui Iron Ore Development Pty. Ltd. and Champion Iron, to accelerate the…
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced in Oman using Chinese-origin HR steel, Commerce said…
Spanish engineering firm IDOM has announced that it is developing the front-end engineering design (FEED) phase for the flat products expansion project of Saudi Iron and Steel Company (Hadeed). Although details were…
Iron ore futures declined on Tuesday as persistent demand weakness and ample supply continued to weigh on market sentiment. Higher shipments from major miners, combined with rising inventories at Chinese ports, kept…
China's JISCO Carbon Steel has commenced production on the world's first integrated line combining hot strip mill (HSM) and compact strip production (CSP) technologies at its Jiayuguan plant. The new line lifts annual…
JSW Salem, part of the JSW Steel Group, has successfully commissioned its modernized three-strand billet caster at its Salem works in India. The brownfield upgrade, executed by Danieli, replaces the original caster…
Kloeckner Metals Corporation (KMC) has announced the acquisition of Camalloy, a stainless steel and aluminum service center based in Washington, Pennsylvania. The Camalloy facility operates as a fast-turn service center…
SSAB and JTK Power have jointly developed the world's first marine engine silencer made from low-emission SSAB Zero steel, marking a milestone in decarbonizing marine industry components. SSAB supplied around four tons…
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