Taiwan's China Steel Corp (CSC) will raise domestic steel prices for November, citing improved market sentiment driven by China's recent policy measures. Prices for commercial-grade HR plates and coils will increase by…
The Velux Group has signed a 10-year agreement with ArcelorMittal for the supply of recycled and renewably produced steel. In 2023, the two companies partnered to reduce the carbon footprint of steel used in Velux roof…
Pomini Long Rolling Mills has secured a contract from Riva Acciaio SPA to expand the continuous rolling mill at its Cerveno facility in Brescia, Italy, as part of a modernization plan. This facility processes both…
Pakistani flat steel producers, International Steels Limited (ISL) and Aisha Steel, have raised prices for CRC and galvanized coil products by PKR 10,000 (USD 36) per ton in the domestic market, compared to their…
Turkish steel producer Kardemir has secured a new rail export contract in Algeria, according to a stock exchange filing. The deal is valued at USD 11.2 mln, with delivery set to be completed within three months of the…
India's Jindal Steel Group is set to acquire Vitkovice Steel, a leading steel plate producer in the Czech Republic, in a move that will positively impact the Vulcan Green Steel project currently under construction in…
During the 17th Arab Steel Summit and International Iron and Steel Exhibition in Qatar, Minister of State for Energy Affairs Saad Sherida Al Kaabi emphasized the need to position the Arab iron and steel industry on the…
Vietnam imported 1.2 mln tons of HRC in September, marking a 34pct increase from August, according to the General Department of Customs. This amount represents 220pct of the country's domestic production, which was…
Acerinox, S.A. has signed an agreement to sell its subsidiary, Bahru Stainless Sdn. Bhd., to Worldwide Stainless Sdn. Bhd., a Malaysian company, for a total of USD 95 mln. The final closing of the transaction is…
Garawany Group's subsidiary, International Steel Industry, plans to invest EGP 5.5 bln (USD 113 mln) to upgrade and expand state-owned Delta Steel under a nine-year lease, CEO Ahmed El Garawany said. The expansion aims…
JSW Steel, India's leading private steel company, is partnering with carbon capture solutions provider Carbon Clean and global resources company BHP to advance carbon capture technology for steelmaking decarbonization…
SMS Group has secured a contract to supply a state-of-the-art 185-ton Alternate Current Electric Arc Furnace (AC-EAF) and its auxiliaries to Saarstahl in Volklingen, Germany. This installation supports SHS's goal of…
Turkey's Ministry of Commerce has imposed definitive anti-dumping duties on HRC imports, both alloyed and non-alloyed, from China, India, Japan, and Russia, according to an official gazette notification. The…
JSW Steel reported a 6pct YoY increase in consolidated crude steel production for the second quarter of FY25, reaching 6.77 mln tons, with a 9pct rise compared to the previous quarter. In India, however, production…
ArcelorMittal has entered into a definitive equity purchase agreement with Nippon Steel Corporation (NSC) to acquire NSC's 50pct stake in the AM/NS Calvert joint venture. This move responds to regulatory concerns linked…
Tata Steel Nederland has signed a memorandum of understanding (MoU) with Swedens Lindab to supply Zeremis green steel once the IJmuiden steel mill transitions to hydrogen-based production. Lindab, a company specializing…
Turkish steel producer Kardemir has raised its billet prices by USD 20 per ton, according to the latest price list. The new price for S235JR grade billets is USD 550 per ton EXW, while B420 grade billets are priced at…
Industries Qatar (IQ) announced that its steel segment associate, Foulath Holding, has received a non-binding offer for the acquisition of 100pct of its share capital, according to a stock exchange filing. Foulath…
Ratan Tata, the former chairman of Tata Group, has passed away at the age of 86, the company confirmed in a statement. Born in 1937, Tata was an influential leader who shaped the future of one of India's largest…
Ternium and Petrobras have signed a contract to supply natural gas to Ternium's unit in Rio de Janeiro, marking the company's shift from the captive market to the free market in the state. Under this agreement…