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Monday, September 7, 2026

Global Steel News

Iron ore futures rise on improved sentiment

China's iron ore futures rose on Monday, supported by expectations of increased steel mill restocking ahead of China's October National Day holiday, although concerns...

SAIL’s crude steel production and sales rise in August

India's state-owned Steel Authority of India Ltd (SAIL) recorded higher production and sales in August 2026, with crude steel output reaching a record for...

Jindal Stainless, JFE Steel join hands to improve ferritic stainless steel quality

Indian stainless steel producer Jindal Stainless has signed a technical assistance agreement with Japan's JFE Steel Corporation to strengthen its manufacturing capabilities for selected...

Steel producers face higher costs amid weak demand – report

Bangladesh's steelmakers are facing higher production costs amid weak construction demand, with mills offering discounts to maintain sales, according to local media reports. The price...

Hyundai Steel, POSCO break ground on USD 5.8 bln Louisiana steel mill

Hyundai Steel, POSCO, Hyundai Motor Company and Kia Corporation have held a groundbreaking ceremony for a USD 5.8 bln electric arc furnace (EAF)-based integrated...

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