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Wednesday, January 7, 2026
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Global Steel News

Iron ore futures surge as Beijing signals loose monetary policy for 2026

Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank...

Hoa Phat raises HRC prices for Feb-Mar deliveries

Vietnamese steelmaker Hoa Phat Group has increased domestic HRC prices for February and March deliveries. The company is offering SAE1006/SS400 grade HRC at around USD...

Haynes orders hydraulic radial forging line to boost high-performance alloys production

Haynes International Inc., a nickel- and cobalt-based alloy producer based in Kokomo, Indiana and part of North American Stainless, a subsidiary of Acerinox Group,...

BlueScope turns down takeover proposal from SGH-Steel Dynamics consortium

The board of BlueScope said it has unanimously rejected an unsolicited, non-binding and conditional takeover approach from a consortium comprising SGH Limited and Steel...

Iron ore futures extend gains on optimism over near-term demand

Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of...

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