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Saturday, January 17, 2026
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Global Steel News

Iron ore prices soften amid mixed supply-demand signals

Iron ore futures declined on Friday as rising inventories at major Chinese ports weighed on market sentiment, although expectations of improved demand helped limit...

Andritz acquires majority stake in Sanzheng to expand induction heating portfolio

Andritz has acquired a 51pct stake in Baoding Sanzheng Electrical Equipment Co., Ltd., a China-based supplier of advanced industrial induction heating systems, the company...

Tata Steel commissions upgraded strip mill at Jamshedpur

Tata Steel has successfully rolled the first coils at its Jamshedpur compact strip production (CSP) plant following an extensive upgrade carried out by SMS...

Kloeckner in takeover talks with Worthington Steel

Kloeckner & Co SE and Worthington Steel GmbH, a wholly owned subsidiary of Worthington Steel, Inc., have signed a business combination agreement following the...

Iron ore futures slide as cautious sentiment persists amid weak demand signals

Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at...

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