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Wednesday, August 5, 2026

Global Steel News

Iron ore futures stay subdued as supply pressure persists

Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply,...

JFE Steel produces first DRI using green hydrogen

JFE Steel has successfully produced DRI using green hydrogen at its East Japan Works in Chiba, marking the first such trial in Japan as...

Nemo Industries selects ENERGIRON technology for Louisiana DRI project

Nemo Industries has selected Tenova's ENERGIRON technology for a new direct reduction plant in Louisiana, US, as part of its planned Ironworks I pig...

Salzgitter divests machinery business as part of portfolio restructuring

Salzgitter Group has agreed to sell Klockner DESMA Elastomertechnik GmbH to German-French industrial group NAME & MAWI Partners (NMP) as part of its ongoing...

Trasteel completes energy efficiency upgrade at Profilmec tube plant

Trasteel has completed an energy efficiency and digitalization upgrade at its subsidiary Profilmec Group's steel tube and profiles plant in Cuneo, Italy, as part...

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