Iron ore extends losses on weak demand outlook
Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of...
WISCO to expand flat steel capacity with hot strip mill upgrade
China's Wuhan Iron and Steel Co. (WISCO), a subsidiary of Baowu Steel Group, has awarded Primetals Technologies a contract to convert its compact strip...
Tubos Reunidos supplies stainless steel tubes for Gorakhpur nuclear plant
Spanish seamless tube producer Tubos Reunidos has supplied 160 tons of seamless stainless steel tubes for the Gorakhpur Nuclear Power Plant (GHAVP) in India,...
Steel Dynamics Q2 earnings rise on stronger steel prices
US-based Steel Dynamics reported stronger second-quarter results, supported by improved steel prices, record shipments and solid demand across key end-use sectors. The company said...
Iron ore eases as sluggish steel demand pressures market
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron...
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