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Thursday, July 16, 2026

Global Steel News

Iron ore steadies as resilient steel output offsets bearish outlook

Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over...

Steel exporters gain duty-free quota of 1.1 mln tons in UK market

Indian steel exporters will be able to ship more than 1.1 mln tons of steel annually to the UK duty-free under the India-UK Comprehensive...

Govt nationalizes British Steel to safeguard domestic steel production

Govt nationalizes British Steel to safeguard domestic steel production The UK government has taken British Steel into public ownership after the Steel Industry (Nationalization) Act...

Tenaris commissions solar plants at Italian steel facilities

Tenaris has commissioned two new photovoltaic plants at its Sabbio Bergamasco and Arcore facilities in Italy as part of its strategy to reduce CO2...

Rio Tinto reports higher H1 iron ore output, maintains 2026 shipment guidance

Rio Tinto reported a 6pct YoY increase in Pilbara iron ore production to 162.3 mln tons during the first half of 2026, supported by...

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