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Friday, May 22, 2026

Global Steel News

Iron ore futures down as seasonal slowdown weighs

Iron ore futures declined on Thursday as concerns over weaker steel demand continued to weigh on market sentiment. Some Chinese steel traders said that domestic...

Boston Metal raises USD 75 mln to expand critical metals production

U.S.-based technology company Boston Metal has raised USD 75 mln in new funding to accelerate deployment of its Molten Oxide Electrolysis (MOE) technology platform...

Vallourec secures additional line pipe orders for ExxonMobil Guyana projects

French steel pipe producer Vallourec has secured two additional line pipe orders from ExxonMobil Guyana Limited (EMGL) under the long-term agreement signed between the...

MMK-METIZ expands coated wire range for cable industry

Russian metal products producer MMK-METIZ has expanded its range of high-strength STAP reinforcing wire with zinc-aluminum (ZnAl) coating for cable industry applications. The STAP reinforcing...

Iron ore futures edge higher amid firm steel production

Iron ore futures posted modest gains on Wednesday, recovering from earlier losses as firm steel production levels in China continued to support near-term demand...

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