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Friday, June 12, 2026

Global Steel News

Iron ore falls amid supply pressure and weak demand outlook

Iron ore futures declined on Thursday as rising supply and weak steel demand continued to weigh on market sentiment. Market insiders said rising iron ore...

SeAH Steel wins SS pipe supply contract for UK carbon capture project

South Korea's SeAH Steel has secured a contract to supply approximately 1,750 tons of stainless steel pipes for a carbon capture project in Teesside,...

Thyssenkrupp exits AST with sale of remaining stake to Arvedi

Germany's Thyssenkrupp has sold its remaining 15pct stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Arvedi Group, completing the transaction...

SSAB orders gas atomization plant for additive powder production unit in Oxelosund

Swedish steelmaker SSAB has awarded SMS group a contract to supply a new gas atomization plant at its Oxelosund site, supporting the company's plans...

AzMC moves forward with country’s first large-scale HBI plant

Azerbaijan Metal Company (AzMC) has completed the bankable feasibility study (BFS) for its planned 2 mln tons per year hot briquetted iron (HBI) project...

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