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Wednesday, June 3, 2026

Global Steel News

Iron ore declines amid weak steel demand outlook

Iron ore futures declined on Wednesday as concerns over weakening steel demand continued to weigh on market sentiment. The outlook for iron ore remained under...

Henan Jiyuan orders Danieli ECS Zerobucket EAF for green steel transition

China's Henan Jiyuan Iron & Steel (Group) has awarded Danieli a contract to supply a new 55-ton ECS Zerobucket electric arc furnace (EAF), marking...

NMDC raises iron ore prices for June

India's National Mineral Development Corporation (NMDC) has raised domestic iron ore prices effective June 3, increasing lump ore prices by INR 200 (USD 2)...

Steel Dynamics to modernize Indiana hot strip mill automation system

US-based Steel Dynamics, Inc. (SDI) has awarded SMS group a contract to modernize the process automation system at its hot strip mill in Butler,...

Aceros Arequipa orders tube mill for Lima plant

Peruvian steel producer Aceros Arequipa has awarded Fives a contract to supply a complete OTO tube mill with integrated finishing equipment for its plant...

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