Russia's Magnitogorsk Iron and Steel Works (MMK) has started production of a new type of rolled steel designed for use in extremely low-temperature environments, expanding its MAGSTRONG range of high-strength and…
Crude steel production in the Middle East declined by 33.5pct YoY to 3.5 mln tons in March, as escalating regional tensions weighed on output. As a result, regional production in the first quarter of 2026 fell 9.3pct…
Jindal Pelletizing LLC (JPL), a subsidiary of Jindal Steel Oman, has commenced pellet shipments to customers across the GCC, marking its entry into the regional export market. The company said the first dispatch…
Steel Authority of India (SAIL) has secured a stay on an antitrust investigation from the Madras High Court after challenging the process followed by India's competition regulator, according to a Reuters report. In its…
Marubeni-Itochu Steel America Inc. (MISA) plans to invest more than USD 37 mln to build a flat-rolled steel processing facility in Osceola, Arkansas. The plant will be located adjacent to Big River Steel and will…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid ongoing cost pressures linked to Middle East disruptions. Rebar…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
EMSTEEL Group has maintained price stability to support market resilience and ensure continuity of supply across key steel and building materials products. The move underscores the company's focus on stable domestic…
Turkey's Tosyali Holding is advancing its global expansion strategy, including plans to begin production of automotive-grade steel at its Algerian facility in the third quarter of 2026 as part of a USD 2.5 bln…
Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in the first quarter of 2026, up 40pct and 170pct YoY, respectively. Profit reached 41pct of the…
Hyundai-Posco Louisiana LLC has signed a long-term agreement with Air Liquide for the supply of oxygen, nitrogen and argon to its new low-carbon steel facility in Louisiana. To support the project, Air Liquide will…
Ferrexpo is pursuing a potential equity capital raise of at least USD 100 mln to support its working capital position, with the board stating this is currently the only viable funding option within the required…
Oskol Electrometallurgical Plant (OEMK), part of Metalloinvest, has completed the first stage of implementing industrial artificial intelligence (AI) to control its metallization unit. Metallization units are used to…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production. The company maintained its rebar price at AED 2,721 (USD 741) per ton ex-works, excluding 5pct VAT. Market sources…
Crescent Steel and Allied Products Limited reported net income of PKR 770.9 mln (USD 2.76 mln) for the first nine months of FY26 ended March 31, 2026, compared with PKR 332.79 mln in the same period last year. Revenue…
Turkey's Steel Exporters Association (CIB) has appointed Ugur Dalbeler as chairman, succeeding Adnan Aslan, who completed two terms in the role. At the general assembly, Aslan said the Turkish steel sector maintained…
Tata Steel has expanded its partnership with Google Cloud to deploy a unified agentic artificial intelligence (AI) platform across its global value chain. The initiative aims to scale autonomous capabilities across Tata…
NLMK Indiana has received the Gold Reliability Achievement Award from Association for Iron & Steel Technology (AIST) for the upgrade of its 118-ton electric arc furnace (EAF) at its Portage, Indiana facility, carried…
SSAB has been selected as one of Business Finland's leading companies under its 2025 challenge programme and will launch a five-year research and development initiative titled Sustainable World through Steels. The…
Saudi billet producer Al Qaryan Steel has obtained certification for its billets under the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), issued by CARES. The certifications, valid…