International Steels Limited (ISL), Pakistan's leading flat steel producer, reported a significant drop in earnings for the financial year ended June 30, 2025. The company's post-tax profit declined 57.3pct YoY to PKR…
Iron ore futures slipped on Wednesday as steel production curbs and soft demand weighed on sentiment. Authorities have ordered several mills in Tangshan to cut sintering output between August 25 and September 3, 2025…
ZK International Group Co., Ltd., a China-based engineering company specializing in high-performance steel products, announced that its subsidiary, Zhejiang Zhenkang Industrial Co., Ltd., has won a contract in the…
India's state-owned Rashtriya Ispat Nigam Limited (RINL) has invited Expressions of Interest (EOIs) from private players to operate 32 critical units of its Visakhapatnam steel plant, as the company struggles with…
Steel Dynamics, Inc. has signed a definitive agreement to acquire the remaining 55pct equity interest in New Process Steel, L.P., the company said in a press release. Chairman and CEO Mark D. Millett said the deal will…
Turkish pipe producer Borusan Pipe posted a decline in first-half earnings for 2025, but delivered a strong recovery in the second quarter, according to its financial statement. In H1 2025, net profit fell 26.4pct YoY…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, said it will keep product prices unchanged for September, marking the fourth straight month of no adjustments. HRC remains at JPY 89,000 (USD 603) per…
Tenaris announced a technical milestone in offshore Brazil with the successful use of corrosion-resistant alloy (CRA) tubulars featuring its Dopeless technology in two wells at the Buzios and Jubarte fields. Each well…
UAE-based Rhino Steel has produced the first aluzinc coils at its new coating line in Umm Al Quwain Industrial City. In 2023, Rhino Steel, along with three other steelmakers, announced plans to transform 1.4 mln square…
India's JSW Steel announced it has signed a non-binding heads of agreement with South Korea's Posco Group to jointly develop a 6 mln tons per annum integrated steel plant in India. The agreement, which follows a…
Severstal has begun installing the world's largest dry-grinding ball mills at its new iron ore pellet production complex in Cherepovets. The mills, each measuring 6.7 meters in diameter and over 13 meters in length…
Turkish steelmaker Kardemir kept billet prices unchanged in its latest sales round, matching the levels set on 24 July. The company offered S235JR grade billets at USD 500 per ton EXW and B420 grade billets at USD 510…
Bahrain's Universal Rolling (Unirol) has urged authorities to shield local steelmakers from dumping, warning that the country's open trade policy risks turning it into a market for surplus foreign steel. Operations…
Misr National Steel (Ataqa) posted a net profit of EGP 62.33 mln (USD 1.28 mln) in the first half of 2025, reversing a net loss of EGP 41.66 mln in the same period last year, according to its financial results. Sales…
Iron ore futures fell on Friday as continued weakness in China's property sector and disappointing economic data dampened market sentiment. According to the National Bureau of Statistics (NBS), China's economy showed…
India's Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty of USD 121.55 per ton on HR steel imports from Vietnam, according to its final findings. Vietnam's Hoa Phat Group would…
India's Jindal Steel has commissioned Primetals Technologies to upgrade the Level 1 and 2 automation systems at its 5-meter plate mill in Angul, Odisha. The project aims to boost system availability, reduce downtime…
British Steel has delivered over 2,000 tons of structural sections for the construction of Sumitomo Electric's high-voltage cable factory at the Port of Nigg in the Scottish Highlands. The steel was supplied to BHC…
ArcelorMittal, through its Steligence business, has signed a memorandum of understanding with galvanizing specialist ZINQ to promote sustainable construction by combining ArcelorMittal's low-carbon XCarb recycled and…
Saudi Arabia's Group Five Pipe posted a sharp rise in net profit for the first half of 2025, its financial statement showed. Net profit jumped to SAR 125 mln (USD 33.2 mln), compared with SAR 9.2 mln in the same period…