Iron ore gains on demand optimism, supply caps upside
Iron ore futures post gains on Wednesday, supported by a positive near-term demand outlook, although gains were limited by ongoing supply concerns.
Iron ore futures...
Marcegaglia, Danieli plan new steelmaking and flat rolling plant in Fos-sur-Mer
Marcegaglia and Danieli have signed an agreement to develop a new steelmaking and flat rolling facility in Fos-sur-Mer, France.
The proposed plant will have capacity...
Thyssenkrupp supplies low-carbon steel for Angola water pipeline
Thyssenkrupp Steel is supplying approximately 1,000 tons of CO2-reduced Bluemint steel for a major water pipeline project in Angola, located in southwestern Africa. The...
World Steel Association appoints Henrik Adam as Director General
The World Steel Association has welcomed several steel producers as new regular members, expanding its global membership base.
The new members include Icdas (Turkey), Almaadi...
Iron ore pressured by supply outlook
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside.
Market sentiment weakened after reports that...
