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Thursday, April 30, 2026

Global Steel News

Iron ore futures rise but supply pressures limit upside

Iron ore futures increased on Wednesday, supported by firm steel demand and cost pressures, although concerns over slowing steel production growth and rising supply...

Govt signs FTA with New Zealand, steel sector to benefit

India and New Zealand have signed a free trade agreement (FTA), reducing tariffs on a wide range of goods, including iron, steel and raw...

Electra, POSCO partner on clean iron technology development

US-based Electra has signed a joint development agreement with POSCO to advance and scale clean iron production technologies, alongside an investment from POSCO Investment. The...

ArcelorMittal Eisenhuttenstadt upgrades BOF converter

Germany-based ArcelorMittal Eisenhuttenstadt, part of ArcelorMittal, has completed the replacement and commissioning of a new suspension system for its 255-ton LD converter (BOF) No.2...

Saarstahl Ascoval signs long-term steel supply deal with Mannesmann Precision Tubes

France-based Saarstahl Ascoval, part of the Saarstahl Group, has entered into a long-term partnership with Mannesmann Precision Tubes to supply semi-finished steel for tube...

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