Stegra CEO Henrik Henriksson announced an agreement in principle with LKAB to begin test deliveries of iron ore pellets by late 2026, following railway track upgrades. The tests aim to validate logistics ahead of…
Turkish steelmaker Kardemir has increased prices for its long steel products, according to the company's latest price list. The new price for 12-32 mm rebar is set at TRY 21,550 per ton EXW (USD 555), up from TRY 21,000…
Jindal Renewables has signed a landmark Joint Development Agreement (JDA) with OQ Alternative Energy, Oman's national renewable energy champion, for a 500MW renewable energy project. The clean power will support…
Pakistan and Russia have taken a step toward industrial collaboration, as Russian representative Denis Nazaroof met with Haroon Akhtar Khan, Special Assistant to the Prime Minister, to discuss establishing a new steel…
U.S. steel producer Nucor has temporarily halted certain production operations after detecting unauthorized third-party access to its information technology systems, the company disclosed in a stock exchange filing…
Blastr has reached a key milestone in its Inkoo project as the local municipal council approved the Joddbole V zoning plan, enabling the construction of a low-emission steel mill and hydrogen production plant in the…
Turkish steelmaker Karabuk Demir Celik (Kardemir) reported a larger net loss for the first quarter of 2025, according to its latest financial results. The company's net loss increased to TRY 1.48 bln (USD 38.2 mln), up…
Malaysia will implement five-year anti-dumping duties on flat-rolled iron, non-alloy steel, and tinplate imports from China, India, Japan, and South Korea starting May 11, 2025. The move follows an investigation into…
Austrian steelmaker Voestalpine is calling on the federal government to support energy-intensive industries by reinstating electricity price compensation, a measure widely used across the EU to maintain competitiveness…
JSW KOKS, a subsidiary of Jastrzebska Spolka Weglowa SA (JSW SA), has inaugurated coking battery no. 4 at the Przyjazn coke plant in Dabrowa Gornicza, Poland. The new battery will boost the plant's annual coke…
Turkey's leading steel producer, Erdemir Group, reported a significant drop in net profit for the first quarter of 2025, according to its latest financial results. In Q1 2025, the company posted a net profit of TRY…
Tosyali Holding has signed a contract with Italian equipment manufacturer Salico for the supply of two advanced finishing lines for its greenfield cold rolling complex in Oran, Algeria. The order includes a trapezoidal…
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…
Japan's Nippon Steel Corporation and Nakayama Steel have signed a basic agreement to establish a joint venture and form a business alliance. Under the agreement, both companies will jointly invest in the new venture…
Turkish steel company Tosyali Holding has announced its withdrawal from the planned acquisition of Liberty Dudelange, according to local media reports. The decision was confirmed by both the economy and labour…
EMSTEEL has introduced its first green finance framework, aligning its financial strategy with long-term sustainability and decarbonisation goals. This initiative positions EMSTEEL as a regional leader in sustainable…
International Steels Limited (ISL), a subsidiary of International Industries Limited, has completed and commissioned a 6.4-megawatt (MW) solar power project at its manufacturing facility in Karachi, according to a…
Nippon Steel Corp. expects its net profit to fall 42.9pct to JPY 200 bln (USD 1.38 bln) in fiscal 2025, citing uncertainty over U.S. tariffs. The company, which is facing hurdles in its bid to acquire U.S. Steel Corp…
Turkish steel producer Kocaer Celik announced that it secured steel profile orders worth USD 55 mln in April 2025. According to the company's stock exchange filing, the orders primarily consist of value-added steel…
Turkish steel producer, Ekinciler Demir Celik places exports at the core of its growth strategy, with Africa and the Middle East as key focus regions, according to the local media reports. The company has maintained…