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
Primetals Technologies has received the final acceptance certificate (FAC) from ASONEXT for the upgrade of its 40-ton argon-oxygen decarburization (AOD) converter at the Italian stainless steel producer's Brescia…
Iron ore futures fell on Wednesday as escalating trade tensions and concerns over excess steel supply weighed on market sentiment, despite supply disruptions in Australia. The White House announced that President Donald…
The Indian government has mandated quality standards for stainless steel seamless pipes and tubes to curb substandard imports, promote domestic manufacturing, and ensure consumer safety. The order issued by the…
Outokumpu has completed a feasibility study on using small modular reactor (SMR) technology to enhance low-carbon energy availability near its largest stainless steel plant in Tornio, Finland. The study confirmed the…
Iron ore futures recovered on Wednesday as supply concerns resurfaced, lifting commodity markets after a sharp decline triggered by former U.S. President Donald Trump's announcement of tariffs on steel and aluminum…
Iron ore futures reversed earlier gains and declined on Tuesday as demand concerns grew following new steel tariffs announced by U.S. President Trump. Futures had risen in the morning session due to supply disruptions…
Iron ore futures rose on Monday as improving market fundamentals boosted sentiment, despite renewed tariff threats from U.S. President Trump. Trump announced plans to impose new 25pct tariffs on all steel and aluminum…
Iron ore futures extended gains on Friday, driven by improved market fundamentals and positive sentiment. Steel production increased this week following the Chinese New Year holidays, with several blast furnaces ramping…
Iron ore futures rose on Thursday, driven by concerns over supply disruptions in Australia. Rio Tinto, a major iron ore supplier, announced that it had begun clearing vessels from two Western Australian ports as it…
Iron ore futures declined in post-holiday trading on Wednesday, as the market opened cautiously, assessing trade tensions between the U.S. and China and the near-term outlook for steel demand. The latest round of…
According to the latest data from the World Stainless Association (Worldstainless), global stainless steel production in melt shops increased by 5.4pct YoY in the first three quarters of 2024, reaching 46.092 mln tons…
Jindal Stainless reported a 5.3pct YoY decline in consolidated net profit for the October-December quarter (Q3FY25), with profit falling to INR 654 crore (USD 75.5 mln) from INR 691 crore in the same period last year…
Iron ore futures rallied on Monday during pre-holiday trading, supported by firm near-term demand ahead of China's week-long Chinese New Year holiday (January 28-February 4), with trading set to resume on February 5…
Iron ore futures rose on Thursday as Beijing's latest support measures provided a lift to sentiment. However, weak market fundamentals capped the gains. China's financial regulators announced plans to channel hundreds…
Iron ore futures fell on Wednesday as a cautious sentiment gripped the market ahead of the holidays. The decline was fueled by comments from former U.S. President Donald Trump about potentially imposing a 10pct tariff…
Dalian iron ore futures continued to rise on Tuesday, driven by improving fundamentals that boosted market sentiment, despite ongoing concerns about demand. The iron ore market received support from rising steel…
Marcegaglia UK has expanded its manufacturing capabilities at the Oldbury site to include the production of electro-welded stainless steel tubes, complementing its existing carbon steel tube production. This expansion…
Iron ore futures edged higher on Monday as a drop in weekly shipments from major miners to China supported positive sentiment. However, long-term uncertainties limited the gains. According to SMM shipping data, global…
Iron ore futures prices rose on Friday, driven by a batch of improved economic indicators that boosted market sentiment. China's December economic data significantly outperformed analysts' expectations, with Q4 GDP…
Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's crude steel output, among the member mills of…
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