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Tuesday, May 12, 2026

Global Steel News

Iron ore rises on firm steel demand, positive economic data

Iron ore futures increased on Monday, supported by firm steel demand in China and positive economic data. Chinese steel production remained stable, while mill margins...

Steel exports decline in Jan-Apr amid trade barriers, Middle East disruptions

China's finished steel exports declined by 9.7pct YoY to 34.2 mln tons during the first four months of 2026, according to data from the...

Govt moves toward potential nationalization of British Steel

The UK government announced plans to introduce new legislation that could allow British Steel to return to public ownership for the first time since...

Tenaris to acquire Artrom Steel Tubes

Tenaris announced that it has entered into a definitive agreement to acquire 100pct of the share capital of Romania-based Artrom Steel Tubes S.A. from...

SMS group, ABB partner on electromagnetic flow-control system for slab casting

SMS group GmbH and ABB AB Sweden entered into a partnership to jointly market and further develop FC Mold X, an electromagnetic flow-control system...

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