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Monday, November 24, 2025
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Global Steel News

Iron ore futures rise though outlook remains uncertain

Iron ore futures edged higher on Monday, supported by tighter supply and expectations of fresh policy measures from Beijing, though the market's longer-term outlook...

ArcelorMittal signs MoU with Ponant to advance low-carbon shipbuilding

ArcelorMittal has signed a memorandum of understanding with Ponant Explorations Group, leader in high-end exploration cruises, to collaborate on sustainability initiatives supporting Ponant's Swap2Zero...

SMS Group launches new digital hub to accelerate automation in steel industry

SMS group has introduced its new X-Pact Digital Hub, a comprehensive software ecosystem designed to transform metals production through improved productivity, connectivity, and sustainability....

Iron ore futures weaken for second day as soft steel demand weighs on sentiment

Iron ore futures remained subdued on Friday, extending losses for a second consecutive session as weak steel demand continued to pressure prices, even though...

SAIL to double capacity of Rourkela Steel Plant by 2030

State-owned Steel Authority of India Ltd (SAIL) plans to double the capacity of its Rourkela Steel Plant (RSP) to 9.8 mln tons by 2030,...

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