Iron ore futures extend losses as weak demand persists
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support.
Market participants said...
Maanshan Iron & Steel orders Danieli billet caster
Maanshan Iron & Steel has awarded Danieli a contract to supply a new continuous caster for installation at its plant in Maanshan, Anhui province,...
Nippon Steel to install world’s largest EAF at Yawata Works
Nippon Steel has selected Tenova to supply a 340-ton electric arc furnace (EAF) for its Yawata Area at Kyushu Works in Japan. Once installed,...
Essar plans USD 15 bln investment in Iowa steel complex
Essar Group-backed Mesabi Metallics plans to invest USD 15 bln in a new steel complex in Iowa, US, integrating the facility with its iron...
Stelco to indefinitely idle Hamilton downstream operations
Canadian steelmaker Stelco plans to indefinitely idle its cold-rolled and coated operations at Hamilton Works from around October 9, affecting up to 500 employees...