Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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738 news items in Stainless Steel. Show all
Outokumpu, a leader in sustainable stainless steel, expanded into the metal powder market for additive manufacturing in 2023. As of May 2025, the company has entered the commercial production phase for the aerospace and…
Iron ore futures declined on Monday, pressured by weak economic indicators from China that raised concerns over demand. China's economy showed signs of losing momentum in April amid ongoing trade tensions with the U.S…
Iron ore futures slipped on Friday as cautious demand outlook weighed on market sentiment. Earlier in the week, commodity markets had rallied, supported by easing tensions between Beijing and Washington. A decline in…
Iron ore futures posted gains on Thursday, supported by a positive near-term demand outlook following a major easing in trade tensions between the United States and China. However, lingering concerns over long-term…
Iron ore futures jumped on Wednesday, driven by positive market sentiment following a significant easing of trade tensions between the United States and China earlier this week. Beijing and Washington announced major…
Iron ore futures continued their upward momentum on Tuesday, supported by improving trade relations between Beijing and Washington. Market sentiment was lifted after US and Chinese officials announced plans to reduce…
Iron ore futures surged on Monday, driven by improved market sentiment following a reduction in trade tensions between China and the United States. The two countries announced an agreement to roll back tariffs on each…
Iron ore futures declined on Friday as a cautious demand outlook continued to dampen market sentiment. Slowing steel output growth, subdued post-holiday steel demand impacting mill profitability, and a bleak forecast…
The Oryx Stainless Group, a leading global supplier of recycled stainless steel raw materials, has officially opened a new facility in Johor, Malaysia. Phase 1 of the plant will process 150,000 tons of stainless steel…
Iron ore futures declined on Thursday as concerns over potential output curbs and softening steel demand weighed on market sentiment. The China Iron and Steel Association (CISA) confirmed that Beijing is actively…
Outokumpu Stainless has awarded SMS group the Final Acceptance Certificate (FAC) for the successful modernization of its Steckel mill in Tornio, Finland. The upgrade ensures the long-term viability of the mill by…
Iron ore futures rose on Wednesday, supported by fresh stimulus measures from Beijing, though concerns over long-term demand continue to persist. Chinese authorities announced a series of economic support steps…
Iron ore futures held steady on Tuesday, as cautious sentiment lingered in post-holiday trading. Market participants remained wary amid ongoing concerns about the global economic outlook. Last week, China's Ministry of…
Iron ore futures declined on Wednesday, pressured by mounting concerns over long-term demand. The market faces several headwinds, including the potential for steel production cuts, hinted at by Baosteel earlier this…
Iron ore futures edged higher on Tuesday, supported by near-term demand, though gains were capped by ongoing concerns over long-term consumption. Pre-holiday restocking ahead of the May holidays and increased steel…
Iron ore futures prices fell on Monday as concerns over potential steel production cuts weighed on market sentiment. The decline followed comments from major steel producer Baosteel, which suggested that a nationwide…
Iron ore futures declined on Friday, pressured by persistent concerns over long-term demand, even as near-term buying interest remained solid. The iron ore and steel markets faced headwinds throughout the week due to…
Iron ore futures declined on Thursday, as market sentiment remained cautious despite steady short-term demand ahead of the Labour Day holidays. A rebound in iron ore supplies from major miners added pressure to prices…
Iron ore futures jumped on Tuesday, driven by optimism around easing U.S.-China trade tensions and robust near-term demand, which boosted market sentiment. U.S. President Trump signaled a potential softening in the…
India's largest stainless steel producer, Jindal Stainless, in collaboration with clean energy provider AB Energia Solutions Pvt. Ltd., has successfully installed and commissioned a 30.34 megawatt-peak (MWp) solar power…
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