Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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739 news items in Stainless Steel. Show all
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…
Fagersta Stainless, part of the Marcegaglia Group since 2023, has signed an agreement with Danieli to install a new stainless steel blooming mill at its historic plant in Fagersta, Sweden. The mill will be capable of…
Iron ore futures posted modest gains on Tuesday, supported by near-term demand, even as market sentiment remained cautious due to a rise in protectionist measures targeting Chinese steel exports. India recently imposed…
Iron ore futures rose on Monday, supported by resilient short-term demand and optimism over potential stimulus measures, even as long-term demand concerns persisted. Chinese steel production remained elevated…
Bansal Wire Industries, a leading Indian manufacturer of stainless steel (SS) and galvanized iron wires, has inaugurated its expanded SS wire facility in Dadri, Uttar Pradesh. With this expansion, the plant's annual…
Iron ore futures declined on Friday, pressured by ongoing concerns over the global demand outlook, even as short-term demand remains relatively strong. Trade tensions between Beijing and Washington, coupled with…
Iron ore futures ended nearly flat on Thursday, with short-term fundamentals providing support, though uncertainty over the long-term outlook continued to weigh on sentiment. The market found support from falling steel…
Turkish modular solutions manufacturer Karmod has exported stainless steel silo storage tanks to Libya for use in industrial production facilities. The shipment included four 10,000-liter tanks delivered to a food…
Iron ore futures traded in a narrow range on Wednesday, as the market weighed mixed signals. While higher steel production and encouraging economic data lent some support, lingering trade tensions between China and the…
Global stainless steel production rose 7pct YoY in 2024, reaching 62.6 mln tons, according to the latest data from the World Stainless Association (Worldstainless). China maintained its position as the world's largest…
Iron ore futures rose on Tuesday, supported by a decline in imports and steady domestic steel demand. However, the market remains cautious due to lingering concerns over ongoing China-U.S. trade tensions. Higher…
Iron ore futures edged slightly higher on Monday, buoyed by encouraging loan data from China, though lingering concerns about long-term demand continued to weigh on market sentiment. According to data released by the…
Iron ore futures advanced on Friday, supported by steady near-term demand even as long-term outlooks remained uncertain. According to the latest steel sector survey from the National Development and Reform Commission…
Jindal United Steel Limited (JUSL), part of Jindal Stainless, has awarded Primetals Technologies a contract to comprehensively upgrade its hot-strip mill at the Jajpur facility in Odisha, India. The mill, which produces…
Iron ore futures rebounded on Thursday, driven by market optimism over potential stimulus measures from Beijing amid escalating trade tensions between China and the U.S., and continued deflationary pressures. U.S…
Jindal Stainless, through its Ghaziabad-based subsidiary JSL Super Steel, has signed a long-term Power Purchase Agreement (PPA) with Sunsure Energy for 11 MWp of solar power. The energy will be sourced from Sunsure's 49…
Iron ore futures continued to decline on Wednesday, weighed down by escalating trade tensions between the U.S. and China, which have intensified concerns over global steel demand. The U.S. confirmed it will impose…
Iron ore futures extended losses on Tuesday as rising trade tensions between the U.S. and China clouded the demand outlook. China vowed to take countermeasures after former U.S. President Donald Trump threatened to…
Iron ore futures tumbled on Monday amid rising tensions between the United States and China, casting a shadow over the global demand outlook. The deepening trade dispute has heightened investor concerns, further weighed…
SSAB, Outokumpu, and Alfa Laval have formed a strategic partnership to reduce the carbon footprint of Alfa Laval's plate heat exchangers by up to 60pct. The collaboration integrates SSAB's fossil-free SSAB Zero steel…
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