ArcelorMittal Jinxi New Materials (Changzhou), a joint venture between ArcelorMittal and China Oriental Group, has awarded Danieli a contract to supply a six-stand cold-strip mill for its plant in Changzhou, Jiangsu…
Iron ore futures edged lower on Thursday amid lingering concerns over the demand outlook and a decline in Chinese crude steel production. Sentiment was dampened by data from the China Iron and Steel Association (CISA)…
China's steel exports surged 11.4pct YoY in the first seven months of 2025, reaching 67.9 mln tons, according to the General Administration of Customs. In July alone, exports rose 25.6pct YoY to 9.83 mln tons and were…
Lianxin Iron & Steel, a major private steelmaker based in Yancheng, Jiangsu, has ordered a Kocks Reducing & Sizing Block (RSB) 370++/4 in the latest 5.0 design for its new special bar quality (SBQ) mill line. The RSB…
Iron ore futures edged lower on Wednesday as concerns over demand weighed on market sentiment. The potential for environmentally driven steel production curbs ahead of Beijing's upcoming military event has raised fears…
Iron ore futures extended gains on Tuesday, supported by firm demand and strong fundamentals in the steelmaking sector. A rise in steel production by Chinese mills, driven by healthy profit margins and falling port-side…
Iron ore futures rose on Monday, buoyed by strong near-term fundamentals, though gains were capped by a weaker long-term outlook. Support came from higher steel production, particularly among blast furnace-based…
Iron ore futures slipped on Friday as traders remained cautious over weak demand prospects and the absence of significant stimulus measures from Beijing. Market sentiment had already been weighed down earlier in the…
Changzhou Dongfang Special Steel Co. Ltd. has successfully rolled the first bar on its new SBQ bar mill equipped with a Kocks RSB 370++/4, the core unit of the facility in Changzhou, China. The 800,000 tons per annum…
Iron ore futures fell further on Thursday as demand concerns resurfaced following weaker-than-expected factory activity in China. The country's official manufacturing PMI dropped to 49.3 in July, down 0.4 points from…
HBIS Group's Wuyang Iron and Steel has successfully produced the first slab on its new single-strand continuous caster at its Wugang facility in Henan province, China. Engineered by Primetals Technologies, the caster is…
Iron ore futures slipped on Wednesday, reversing earlier gains after a key policy meeting in Beijing concluded without any major stimulus announcements to support economic growth. Chinese leaders signaled they would…
Iron ore futures edged higher on Tuesday, supported by firm short-term fundamentals. Steelmakers using blast furnaces have maintained high production levels, buoyed by healthy profit margins. Additionally, lower…
Zhejiang Yuxin has successfully commissioned and granted final acceptance for its new Danieli Zerobucket Electric Arc Furnace (EAF), now operating stably and efficiently in China. The advanced furnace features Danieli's…
Coking coal futures slumped on Monday after the Dalian Commodity Exchange (DCE) announced new trading restrictions aimed at curbing speculative activity, prompting investors to take profits. Effective from the night…
Iron ore futures fell on Friday as rising supply stoked concerns among traders, although the near-term outlook remains firm due to resilient steel production. Exports from Australia's Port Hedland rose to 49.1 mln tons…
Iron ore futures extended their decline on Thursday, pressured by rising supply from major producers. In contrast, coking coal prices continued to climb amid persistent supply concerns. Brazil's Vale reported a 3.7pct…
Coking coal futures surged to the daily upper limit on Wednesday, driven by concerns over potential supply disruptions following reports of a government inspection into coal mine production. According to local media…
Iron ore futures continued to climb on Tuesday, supported by strong near-term demand and optimism around potential stimulus measures. Market sentiment was buoyed by news that China has begun construction on what will…
Iron ore futures surged, supported by the announcement of a major hydropower project and growing optimism over potential government stimulus measures. On Saturday, Chinese Premier Li Qiang announced the launch of a…