Friday, March 28, 2025
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    Global Steel News

    Iron ore futures rise on firm domestic steel demand despite lingering concerns

    Iron ore futures extended gains on Thursday, buoyed by robust steel demand in China's domestic market, although concerns over long-term demand remain. Inventory levels of...

    JFE Steel, Mitsubishi to convert steel by-product gases into chemicals

    JFE Steel Corporation, Mitsubishi Gas Chemical, and Mitsubishi Chemical have signed an MoU for a demonstration project at the Mizushima Complex in Kurashiki, Japan....

    Thyssenkrupp completes walking beam furnace modernization at Bruckhausen plant

    Thyssenkrupp Steel has completed the modernization of a Walking Beam Furnace (WBF) at its Bruckhausen Plant in Duisburg, Germany, with Tenova receiving the Final...

    Tata Steel awards key contracts for green steel project in Port Talbot

    Tata Steel has appointed three South Wales contractors to support its GBP 1.25 bln (USD 1.61 bln) green steelmaking investment at Port Talbot. The...

    GravitHy secures funding to advance low-carbon iron production

    GravitHy, a low-carbon iron producer, has secured EUR 60 mln (USD 65 mln) in funding, including public support from France's Premiere Usine program. The...

    Iron ore futures edge up, but steel output curbs weigh on outlook

    Iron ore futures edged higher on Wednesday, supported by firm near-term demand, though the broader outlook remains uncertain due to steel production curbs by...

    EU tightens steel safeguard measures to curb rising imports

    The European Commission (EC) has strengthened steel safeguard measures to protect EU steel producers from surging imports, reducing the liberalization rate from 1pct to...

    JSW Steel strengthens green portfolio with Salav sponge iron facility

    JSW Steel will transfer its sponge iron unit in Salav, Raigad, Maharashtra, to its wholly-owned subsidiary, JSW Green Steel, as part of its plan...

    SAIL partners with McKinsey to drive digital transformation

    Steel Authority of India Limited (SAIL) has signed a strategic agreement with McKinsey & Company India LLP to accelerate its digital transformation and enhance...

    Severstal develops advanced blast furnace gas flow model

    Severstal has implemented a mathematical model to analyze the resistance of blast furnace material layers to gas flow, enhancing its blast furnace expert system. "As...

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