Iron ore under pressure from weak demand, high supply
Iron ore futures moved lower on Monday as concerns over slowing steel demand and high supply levels continued to weigh on market sentiment.
Analysts noted...
Angang starts production at new galvanizing line at Guangzhou site
Angang Guangzhou Automotive Steel has successfully produced the first coil at its new hot-dip galvanizing line (CGL No. 2), supplied by SMS group, achieving...
Steel imports rise sharply during April-May – report
India remained a net importer of finished steel during the first two months of fiscal year 2026/27, with imports rising faster than exports, according...
Fire damages pickle line at Tata Steel’s Port Talbot works
A fire at Tata Steel's Port Talbot steelworks in Wales has damaged a pickle line and disrupted downstream operations, prompting the company to activate...
EU approves new steel import regime from July
The European Council has adopted new rules to protect the EU steel market from the effects of global steel overcapacity, replacing the current steel...
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