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    Global Steel News

    Iron ore futures decline on bearish demand outlook

    China 0
    Iron ore futures continued to decline on Wednesday as a weak demand outlook weighed heavily on market sentiment. Recent signs of slowing steel production have...
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    SSAB wins legal battle against traders selling counterfeit Hardox wear plates

    Duties / Regulations 0
    Swedish steelmaker SSAB has taken successful legal action against two India-based companies, Naresh Steel & Engineering Co. and Parmar Steel, for dealing in counterfeit...
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    Outokumpu completes automation upgrade at Calvert plant

    Expansions / Changes 0
    Primetals Technologies has received the Final Acceptance Certificate (FAC) from Outokumpu Stainless USA for the successful upgrade of process optimization systems at its Calvert,...
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    Salzgitter sells Austrian steel trading subsidiary to ECCO Group

    Germany 0
    Salzgitter Mannesmann Stahlhandel GmbH, a subsidiary of Salzgitter AG, has announced the sale of its Austrian unit, Salzgitter Mannesmann Stahlhandel Austria, to the ECCO...
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    Iron ore futures slide as demand outlook darkens

    China 0
    Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun,...
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    Tata Steel Port Talbot orders cranes for new EAF facility

    Expansions / Changes 0
    Tata Steel UK has awarded a major contract to global crane manufacturer JASO Industrial Cranes as part of its GBP 1.25 bln (USD 1.69...
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    Marubeni Itochu to supply steel for Subsea Micropiles’ offshore wind projects

    Global Steel News 0
    Subsea Micropiles has entered into a global supply agreement with Marubeni Itochu Steel for the provision of steel used in offshore wind projects and...
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    Global steel industry faces prolonged turbulence amid overcapacity and trade tensions

    Duties / Regulations 0
    The global steel sector is expected to face ongoing challenges through 2025 and beyond, according to the OECD. Despite projected capacity growth of 6.7pct...
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    Iron ore futures slump on weak steel output and demand concerns

    China 0
    Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association...
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    Dongkuk Steel to temporarily halt Incheon plant amid prolonged rebar slump

    Global Steel News 0
    South Korea's Dongkuk Steel Mill has announced a temporary suspension of operations at its Incheon plant, citing ongoing weak demand and efforts to stabilize...
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