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Thursday, July 9, 2026

Global Steel News

Bekaert, CITIC Special Steel collaborate on recycled tire reinforcement steel

Bekaert and CITIC Special Steel have signed a strategic cooperation agreement to explore the use of recycled steel recovered from end-of-life tires in the...

Weak demand continues to weigh on global longs market – Irepas

The global long steel products market remained under pressure in recent weeks, with weak demand, excess supply and intense competition continuing to weigh on...

Iron ore gains on Port Hedland disruption concerns, bearish outlook persists

Iron ore futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal,...

Finished steel demand rises in Q1 FY2026

India's finished steel consumption increased 7.2pct YoY to 41.6 mln tons during the April-June (Q1 FY2026) period, supported by continued demand from the infrastructure,...

Formosa cuts domestic HRC prices following Hoa Phat

Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move...

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