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Thursday, June 25, 2026

Global Steel News

Iron ore retreats on demand concerns

Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment. The seasonal slowdown in Chinese steel consumption...

DGTR launches AD probe into CRGO imports from China, Japan, South Korea and Russia

India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of Cold Rolled Grain Oriented Electrical Steel (CRGO) and Amorphous...

U.S. Steel approves USD 475 mln investment in Fairfield tubular mill

U.S. Steel's Board of Directors has approved a USD 475 mln investment to install a new state-of-the-art quench and temper (Q&T) line at its...

Steel imports rise in May, but remain below year-ago levels

The United States imported approximately 1.92 mln metric tons (2.117 mln net tons) of steel in May 2026, including 1.41 mln metric tons (1.554...

MMK completes major oxygen converter modernization

Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) has completed a major modernization project at its oxygen converter shop with the installation of combined...

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