Kardemir cuts billet prices
Turkish steelmaker Kardemir has cut billet prices by USD 8 per ton in its latest sales round compared with August 14 levels. The company is now offering S235JR grade billets at USD 492 per ton EXW and B420 grade billets…
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Turkish steelmaker Kardemir has cut billet prices by USD 8 per ton in its latest sales round compared with August 14 levels. The company is now offering S235JR grade billets at USD 492 per ton EXW and B420 grade billets…
CARES, the world's leading steel certification authority, has suspended Asas Steel FZC's approval following unannounced inspections that revealed major safety and traceability breaches. Audit teams at Hamriyah Free Zone…
EMSTEEL, one of the region's largest publicly listed steel and building materials producers, has supplied sheet piles for Egypt's new floating movable bridge across the Suez Canal. The company delivered 5,000 tons of…
Iron ore futures rose on Wednesday, supported by expectations of stronger demand as Tangshan steel output curbs near their end. Beijing had ordered Tangshan mills to cut production from August 25 to September 3 for a…
Mukand Sumi Special Steel Limited (MSSSL), a joint venture between India's Bajaj Group and Japan's Sumitomo Corporation, will set up a greenfield integrated steelmaking facility in Kanakapura, Koppal, Karnataka. The…
British Steel is exploring the use of artificial intelligence to enhance quality control in its rail operations. Currently, the company captures around 4,000 photographs of each rail during the rolling process at…
ArcelorMittal South Africa said it will shut down its long steel division after failing to secure a viable solution before the September 30 deadline. The business has faced mounting pressures from the scrap export tax…
Turkey's Borusan Pipe announced that its U.S. subsidiary, Borusan Berg Pipe, has signed a USD 567 mln sales agreement to supply large-diameter pipes for the Eiger Express Pipeline project, according to a stock exchange…
China's Baoshan Iron and Steel Co. (Baosteel) said construction is advancing on its USD 4 bln integrated steel plate complex in Saudi Arabia, the company's first overseas steel base. Located in Ras al-Khair Industrial…
Iron ore futures inched up on Tuesday as investors weighed hopes of stronger demand once Beijing lifts steel production curbs after this week's military parade against persistent signs of weak steel consumption…
Chinese special steel producer Xinji Aosen Steel Group has issued the Final Acceptance Certificate (FAC) for a Kocks RSB 370++/4, marking the successful completion of its new state-of-the-art SBQ rolling mill in Xinji…
India's state-owned NMDC Ltd produced 3.37 mln tons of iron ore in August 2025, up 9.8pct YoY from 3.07 mln tons. Sales rose 8pct to 3.39 mln tons. In April-August FY26, output climbed to 18.45 mln tons versus 14.43 mln…
Algoma Steel has achieved first steel production at Unit One of its new Electric Arc Furnace (EAF) facility in Sault Ste. Marie, Ontario. This marks the start of the company's transition from integrated to electric arc…
Salzgitter has broken ground on a new large-scale steel scrap shredder at its DEUMU subsidiary in Salzgitter, an investment of around EUR 30 mln (USD 35 mln). The facility will enable processing of high-quality scrap…
Turkey's steel exports rose 14pct YoY in the first seven months of 2025 to 8.8 mln tons, according to the Turkish Steel Producers' Association (TCUD). Export value increased 5.4pct to USD 6 bln. However, July exports…
Turkey's Ministry of Commerce has imposed antidumping duties on imports of heavy plate from South Korea, according to a notification published in the Official Gazette. The investigation concluded that South Korean…
Iron ore futures fell on Monday as steel production curbs and weakening steel demand weighed on market sentiment. Chinese Steel output is expected to be hit by new environmental restrictions in Tangshan and other…
Jindal Stainless Limited (JSL), India's largest stainless steel producer, has awarded Greenzo Energy India Limited a contract to supply, erect, install, and commission an advanced electrolyser-based green hydrogen plant…
ArcelorMittal Long Products Canada has filed a USD 2.7 mln lawsuit in federal court in Peoria, Illinois, against Liberty Steel & Wire, alleging non-payment for billet shipments to Liberty's Georgetown, South Carolina…
Australia's Progressive Green Solutions (PGS) has chosen Thyssenkrupp Nucera as its preferred supplier of electrolyzers with a total capacity of 1.4 GW for its flagship Mid-West Green Iron project near Geraldton…
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