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Friday, June 26, 2026

Global Steel News

Iron ore rises as near-term support offsets supply concerns

Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from...

RHI Magnesita forms JV with Khemka Refractories for Odisha recycling facility

India's RHI Magnesita India has approved the formation of a joint venture with Khemka Refractories Private Limited to establish a greenfield refractory recycling facility...

Ministry imposes AD tariffs on Japanese, Chinese HRC imports

South Korea has imposed definitive anti-dumping duties on imports of hot rolled carbon steel and alloy steel flat products originating from Japan and China,...

Govt cuts steel import quotas by 51pct, raises tariff to 50pct

The UK government has finalized a new steel trade measure that will take effect on July 1, 2026, replacing the existing steel safeguard regime...

ArcelorMittal supplies XCarb steel to Tubao for low-carbon hydraulic solutions

French water infrastructure specialist Tubao has begun using ArcelorMittal's XCarb recycled and renewably produced steel in its hot-dip galvanized metallic tubes, supporting efforts to...

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