Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment.
Market insiders said...
Fujian Kunbao orders electrical steel processing lines for Zhangzhou plant
Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented...
Hyundai Steel signs research partnership with LSU for Louisiana steel mill
Hyundai Steel has signed a Master Research Agreement (MRA) with Louisiana State University (LSU) to support technology development and workforce training for its planned...
Voestalpine secures record rail supply deal for Rail Baltica project
Austria's Voestalpine Railway Systems has secured framework contracts for the Rail Baltica project, marking the largest single order in the company's history.
Under the agreements,...
Iron ore declines on weak property data, pressure on steel margins
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment.
China's property...
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