Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal prices. Chinese steel traders said finished steel…
Jindal Stainless plans to invest INR 900 crore (USD 94.1 mln) to increase its cold rolling capacity in India from 2.05 mln tons per annum to 2.67 mln tons per annum by FY28, managing director Abhyuday Jindal said in the…
Czech steelmaker Nova Hut has started receiving steel billets from Norway-based 7 Steel Nordic, according to local media reports. The first shipment arrived several weeks ago, with 7 Steel Nordic potentially supplying…
A Russian missile strike on August 16 damaged key production and energy facilities at ArcelorMittal Kryvyi Rih, forcing a partial halt to production at the Ukrainian steelmaker. The company said the attack damaged…
Turkish long steel producer, Ekinciler Demir ve Celik Sanayi A.S. increased its revenue by 28.2pct YoY to TRY 11.8 bln (USD 246.8 mln) in the first half of 2026, while net profit declined 1.9pct to TRY 323.4 mln (USD…
Tosyali Algerie's DRI II plant produced 248,601 tons in May 2026, setting the highest-ever monthly production recorded by a single Midrex DRI plant, according to the company. The company's average productivity reached…
ArcelorMittal Nippon Steel India (AMNS India) has launched STRUCTROMAX and WELDSTAR, two new heavy steel plate brands targeting infrastructure, construction, transportation, energy and heavy engineering applications…
US steel producer Hybar LLC has selected SMS group to supply a second CMT 550 continuous minimill for its steelmaking complex in Osceola, Arkansas. Installed alongside the existing mill, the project will create the…
US steelmaker Nucor will invest USD 59 mln to expand production capabilities at its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capacity to produce steel grating products. The project marks…
Finnish stainless steel producer Outokumpu will inaugurate a new biocoke agglomeration plant at its Tornio production site, enabling the replacement of fossil coke with biomass-based biocoke in ferrochrome production…
Saudi Arabian steel producer Riyadh Steel Co. reported a 145.8pct YoY increase in net profit to SAR 6.03 mln (USD 1.61 mln) in the first half of 2026. Revenue declined 15pct YoY to SAR 70.1 mln (USD 18.7 mln), mainly…
UAE's EMSTEEL Group, one of the region's largest publicly traded steel and building materials manufacturers, has supplied locally manufactured rebar and more than 80,000 tons of cement for the Etihad Rail passenger…
Algeria's National Iron and Steel Company (SNS) and China's Baowu Group are exploring a strategic partnership to establish an integrated complex for the production of low-carbon direct reduced iron (DRI) and green steel…
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support. Iron ore fundamentals remained broadly balanced but lacked a strong…
ArcelorMittal Nippon Steel India (AMNS) and state-owned Coal India Ltd (CIL) have signed a non-binding memorandum of understanding (MoU) to explore the use of syngas from a proposed coal gasification facility at or near…
Russian pipe producer TMK has developed a technology for applying weather-resistant coatings to large-diameter pipes, with the first industrial batch comprising around 500 tons of 820 mm diameter pipes produced at its…
Turkish special steel producer Cemtas Celik reported a net loss of TRY 172.6 mln (USD 3.6 mln) in the first half of 2026, compared with a net profit of TRY 19.9 mln in the same period of 2025. The company's net sales…
The US Department of Commerce (DOC) has issued final affirmative determinations in its antidumping (AD) and countervailing duty (CVD) investigations covering imports of steel rebar from Egypt. In the AD investigation…
Iron ore futures edged higher on Wednesday, holding near two-week highs as continued strength in coking coal and coke provided cost support, while weak steel demand and ample supply limited further gains. Coking coal…
Fujian Sanming Steel & Guangming Co. has completed final acceptance of a new high-efficiency billet-grinding machine supplied by Danieli and installed at its Sanming works in Fujian province. The new Danieli Centro…