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
Iron ore futures posted modest gains on Wednesday, recovering from earlier losses as firm steel production levels in China continued to support near-term demand despite concerns over weaker seasonal steel consumption…
South Africa has increased import duties on a broad range of steel and steel-related products under amendments published in Government Gazette No. 54678 dated May 15, 2026, as part of efforts to support the domestic…
Iron ore futures declined on Tuesday as market sentiment weakened following reports of stricter steel capacity control measures in China. China's Ministry of Industry and Information Technology (MIIT) is planning to…
Turkish stainless steel service center Nikel Paslanmaz announced plans to invest around USD 154 mln in new projects as the company targets 30pct growth in 2026 despite challenging market conditions, according to the…
Iron ore futures remained under pressure on Monday amid continued uncertainty surrounding China's steel demand outlook and rising supply pressure from major miners. Market sentiment was weighed down by increased iron…
Iron ore futures declined on Friday, pressured by high port-side inventories in China and concerns over the steel demand outlook, although relatively firm steel production levels limited losses. Market participants said…
Italy-based Euroacciai selected AIC Group to modernize and automate its slitter cutting line through a complete upgrade of the plant's control and automation systems. The project includes replacing the existing…
Dalian iron ore futures closed largely unchanged on Thursday, as firm near-term steel demand offset pressure from high port-side iron ore inventories and concerns over slowing steel production growth in China. Investors…
Iron ore futures increased on Wednesday, supported by cautious optimism over U.S.-China trade talks, although demand concerns persisted. Markets looked ahead to the high-level meeting between U.S. President Donald Trump…
Iron ore futures declined on Tuesday amid concerns that growth in Chinese steel production may be peaking, while high port-side inventories and rising global iron ore supply also pressured market sentiment. According to…
Iron ore futures increased on Monday, supported by firm steel demand in China and positive economic data. Chinese steel production remained stable, while mill margins improved amid stronger domestic steel demand and…
Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments from major miners, coupled with high port inventories in China…
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…
Iron ore futures moved higher on Wednesday following the holiday break, supported by firm near-term demand, although longer-term concerns persist. Chinese steel mills continued restocking activity amid expectations of…
Tubacex Group and Mubadala Investment Company have announced the full operational launch of their joint venture in Abu Dhabi, marking the start of a regional manufacturing platform for advanced oil country tubular goods…
JFE Steel Corporation has commissioned a new electric arc furnace (EAF) at its East Japan Works (Chiba district), with operations starting on April 29, 2026, the company announced in a press release. The new unit is…
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's manufacturing purchasing managers' index (PMI) stood at 50.3…
Iron ore futures increased on Wednesday, supported by firm steel demand and cost pressures, although concerns over slowing steel production growth and rising supply limited gains. Chinese steel traders said domestic…
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has cleared the sale of…
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday restocking provided some support. Shipments to China from…
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