Iran's production of semi-finished steel has declined in the first five months of Iranian fiscal year, primarily due to widespread electricity cuts this summer, according to industry sources. The Iranian Steel Producers…
Tata Steel is set to commission the phase-II expansion of its Kalinganagar plant, which will increase its steelmaking capacity from 3 mln tons per annum to 8 mln tons per annum. This expansion solidifies Odisha as the…
Cleveland-Cliffs Inc. is advancing its transformational project at the Middletown Works facility in Middletown, Ohio, with up to USD 500 mln in potential funding from the Department of Energy. The project will replace…
Canada has issued a final determination on the dumping of Egyptian wire rod, according to a notice from the Canada Border Services Agency (CBSA). The CBSA also confirmed final antidumping margins on wire rod imports…
The state-owned RINL steel plant is in a severe crisis following the shutdown of its second blast furnace last week due to a shortage of funds and raw materials, especially coking coal, according to local media reports…
Jindal Steel & Power Limited (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) for India's largest green hydrogen investment by a steelmaker. The MoU outlines JSPL's plan…
Marcegaglia has commissioned Primetals Technologies to undertake a comprehensive modernization of its spout-type electric arc furnace (EAF) and dedusting system at the Sheffield plant. This upgrade is part of…
Turkish steel producer Kardemir has secured a new rail export order, according to a stock exchange filing. The company signed a contract worth USD 17.64 mln to supply rails to Azerbaijan, with delivery scheduled in…
JSW Steel reported a 1pct YoY increase in consolidated crude steel production for August 2024, reaching 2.31 mln tons, according to a stock exchange filing. In India, production rose by 2pct to 2.24 mln tons, up from…
NMDC, India's leading iron ore producer, has allocated INR 2,200 crore (USD 262 mln) for FY 2025 to establish a slurry pipeline and new processing plants, targeting a production increase to 100 mln tons by 2030. Amitava…
Gerdau Whitby recently placed orders with AIC to manage the intermediate drives, finishing drives, and the complete control system for their rolling mill. This project, commissioned in the summer of 2024, achieved a…
Turkish steel manufacturer Cemtas Celik reported a net profit of TRY 26 mln (USD 764,456) in H1 2024, a significant drop from TRY 95.4 mln in the same period last year, according to its financial statement. During this…
ArcelorMittal has successfully produced its first coil after upgrading the automation system at its hot-rolling mill in Eisenhuttenstadt, Germany. This facility is now fully equipped with Primetals Technologies' latest…
H2 Green Steel has rebranded to Stegra, with a focus on decarbonizing hard-to-abate industries by leveraging green hydrogen, green iron, and green steel. Originally launched in 2021 to reduce emissions in the steel…
Turkish steel producer Kardemir has lowered its billet prices, as per the latest price list. The company's S235JR grade billets are now offered at USD 530 per ton EXW, and B420 grade billets at USD 545 per ton EXW…
Iron ore futures rose on Wednesday, supported by improving steel demand, which boosted market sentiment. Major steel producers, Baosteel and Shagang, kept domestic prices for long and flat steel products unchanged, a…
Tata Steel has signed a GBP 500 mln (USD 654 mln) Grant Funding Agreement with the UK Government to support its GBP 1.25 bln (USD 1.63 bln) green steel project at the Port Talbot steelworks in Wales. The project, which…
Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine Camtec GmbH by the end of the 2025/26 business…
China's Sanbao Group has signed contracts with Tenova LOI Thermprocess and Tenova Technologies (Tianjin) for the supply of three annealing and coating lines for non-grain oriented (NGO) silicon steel at its facility in…
Posco is increasing its steel supply for the world's first hyperloop facility, following the successful test of Hardt Hyperloop's vehicle at the European Hyperloop Center (EHC) in Veendam, the Korean steelmaker…