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3,171 news items in Steel Mills. Show all
YC Inox TR Celik, the Turkish subsidiary of Taiwanese steelmaker YC Inox, has started production at its new stainless steel pipe plant in Dilovasi, Kocaeli, according to a local media report. The plant has an initial…
The Indian government will launch a new round of the production-linked incentive (PLI) scheme for the steel sector. Steel Minister H D Kumaraswamy will announce the 'PLI Scheme 1.1' and invite applications on January 6…
ArcelorMittal South Africa Ltd. (ArcelorMittal SA) will shut down its long-steel products business after months of consultations with the government failed to prevent job losses. In October 2024, the company warned…
Nippon Steel Corporation, its wholly owned subsidiary Nippon Steel North America (NSNA), and United States Steel Corporation (U.S. Steel) have filed two lawsuits to address illegal interference with Nippon Steel's…
Turkey's crude steel production increased by 11.2pct YoY (YoY) to 33.9 mln tons in the first 11 months of 2024, according to the Turkish Steel Producers' Association (TCUD). In November alone, production grew marginally…
India's largest iron ore miner, NMDC Ltd, reported a 5.1pct YoY increase in production for December 2024, reaching 4.71 mln tons, up from 4.48 mln tons in December 2023. However, sales of iron ore declined by 6.7pct…
Posco has placed an order with Danieli Rotelec for a Multi-Mode Electro Magnetic Stirrer (MM-EMS) to be installed on slab caster #1 at steel plant #2 in Gwangyang Works, Korea. Slab caster #3 at the same plant, which is…
U.S. President Joe Biden has blocked the USD 14.3 bln acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns. The deal, first announced in December 2023, has been politically contentious…
The Misrata-based Libyan Iron and Steel Company (LISCO) has announced the shipment of 26,300 tons of Hot Briquetted Iron (HBI) to Italy. The consignment is being loaded at LISCO's port onto the vessel Sabeel Star, bound…
Iron ore futures gained ground on Thursday in post-New Year holiday trading, buoyed by expectations of steady near-term demand. Chinese steel mills are likely to accelerate restocking their iron ore inventories ahead of…
China appears unlikely to meet its year-end target for increasing the share of less-polluting steel production as adoption of cleaner electric-arc furnaces (EAFs) stalls, Bloomberg reports. The property crisis has…
India's Rama Steel Tubes Limited has reported its sales volume performance for Q3 FY25 and the first nine months of FY25. In Q3 FY25, the company achieved a sales volume of 51,669.01 tons, up 10pct YoY from 50,921.67…
India's Sandur Manganese & Iron Ores has received approval to increase its annual iron ore production limit. The company will raise its production capacity from 3.81 mln tons per year to 4.36 mln tons per year…
Saudi Iron and Steel Company (Hadeed) has kept its long steel prices unchanged for January deliveries. The price of rebar (12-32 mm) remains at SAR 2,400 (USD 639) per ton, while wire rod (6.5-16 mm) holds steady at SAR…
Suzlon Group has secured a 302.4-megawatt (MW) wind power project from Jindal Renewables, following a 400-MW wind power deal with the same company just over a month ago. Both projects will be located in the Koppal…
In November, Vietnam's HRC exports continued to struggle, forcing companies to shift focus to the domestic market to boost consumption. According to the Vietnam Steel Association (VSA), HRC exports declined by over…
Hoa Phat Group has supplied 10,000 tons of large-sized steel pipes for the construction of Southeast Asia's largest exhibition center in Dong Anh, Hanoi. The project, funded by Vingroup, began in August 2024 and is…
Turkish steelmaker Kardemir Celik (Kar-Demir) has reduced energy consumption in billet production by 15-30pct using the Furnace Energy Saving System & Continuous Charging (FESCON) technology at its Aliaga meltshop…
Molan Steel Co. announced the acquisition of Mayar International Industry for SAR 34.88 mln (USD 9.28 mln) in a deal financed through internal resources. According to a statement to Tadawul, the agreement involves…
The Steel Authority of India Ltd (SAIL), a state-owned enterprise, has entered a strategic partnership with the TEXMiN Foundation of IIT (ISM) Dhanbad to accelerate innovation in mining and metallurgy. As part of this…
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