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Thursday, November 20, 2025
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Global Steel News

Iron ore futures edge lower as weak steel demand and rising supply pressure market

Iron ore futures slipped on Thursday as rising global supply and soft steel demand continued to weigh on sentiment, though restocking by some Chinese...

Voestalpine Donawitz awards contract for automated scrap-yard cranes

Voestalpine Stahl Donawitz GmbH has awarded Danieli a contract to supply five fully automated scrap-yard cranes, which will be integrated with the Danieli Scrap...

Fortescue advances hydrogen-based green metal project

Fortescue has begun installing core Metso equipment for its Christmas Creek Green Metal Project in the Pilbara, marking a key step toward demonstrating hydrogen-based,...

Mutun steel complex starts up DRI module

Tenova HYL has successfully commissioned its ENERGIRON Zero-Reformer DR Micro-Module at Empresa Siderurgica del Mutun in Santa Cruz, Bolivia, producing the site's first Direct...

Iron ore futures inch higher, but weak demand outlook limits gains

Iron ore futures edged higher on Wednesday, supported by steady near-term demand, though a bearish outlook continues to cap gains. Some Chinese steel mills are...

Hebei Jinxi Steel orders two new slab casters to expand electrical steel production

Hebei Jinxi Iron and Steel Group has ordered two continuous slab casters from Primetals Technologies, each with an annual capacity of 2.5 mln tons....

Kuminex Steels orders compact pelletizing plant for Karnataka plant

Kuminex Steels Pvt. Ltd. has awarded a contract to Metso for the supply of a new traveling grate pelletizing plant in Hospet, Karnataka. The USD...

Voestalpine supplies premium rail systems for new Koralm high-speed line

Voestalpine Railway Systems has delivered the complete rail infrastructure package, including ultra-long rails, advanced turnout systems, and digital monitoring technology, for Austria's new Koralm...

EU imposes new import quotas on ferroalloys to protect domestic producers

The European Commission has introduced definitive import quotas on ferroalloys in response to a surge of low-priced imports that, according to its investigation, caused...

Iron ore futures extend gains, but weak steel demand limits upside

Iron ore futures continued to rise on Tuesday, supported by short-term restocking ahead of the winter season, though a fragile demand outlook kept gains...

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