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Thursday, July 16, 2026

Global Steel News

Iron ore extends gains despite persistent demand concerns

Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the...

Henan Jiyuan to commission four-strand jumbo round caster

China's Henan Jiyuan Iron & Steel has awarded Danieli a contract to supply a new four-strand bow-type continuous casting machine (CCM) for its steelworks...

Outokumpu orders twin ladle furnace for Alabama plant

Outokumpu Stainless USA has placed an order with Primetals Technologies for a 180-ton twin ladle furnace to be installed at its stainless steel facility...

Govt launches country’s first hot-rolled steel plant in Bekabad

Uzbekistan has commissioned its first hot rolled steel sheet production complex following the inauguration of a new casting and rolling facility at the Uzbek...

Iron ore gains on near-term supply concerns

Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill...

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