Iron ore under pressure from increased supply, high inventories
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses.
Market sentiment weakened after reports that China Mineral Resources...
Steel trade balance turns positive in FY26
India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline...
Lodhia Industries orders reheating furnace for bar and wire rod mill
Tanzania-based Lodhia Industries has signed a contract with Danieli Centro Combustion India for the supply of a 50 tph pusher-type reheating furnace for its...
Tubos Reunidos flags insolvency risk amid tariffs, financing challenges
Spain-based Tubos Reunidos S.A. warned that its operations may face insolvency risk unless it secures financing and restructuring measures, according to a filing with...
ArcelorMittal, Stockland partner on low-carbon steel use in construction
ArcelorMittal, one of the world's largest integrated steel and mining companies, through its Steligence unit and ArcelorMittal International, together with partner JSteel, has signed...
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