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Friday, June 12, 2026

Global Steel News

Iron ore declines as demand concerns cloud outlook

Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment. The market remained under pressure from...

Baowu and Rio Tinto complete hydrogen-based DRI trials using Pilbara ore

China Baowu and Rio Tinto have successfully completed industrial-scale palletization and hydrogen-based direct reduced iron (DRI) trials in China using Rio Tinto's Pilbara Blend...

Jindal Steel reports strong operational results at Angul steel melt shop

India's Jindal Steel has reported strong operational performance from two twin-strand slab casters supplied by Danieli at its Angul steel plant, exceeding guaranteed performance...

Jingye seeks compensation over British Steel takeover

China's Jingye Group has initiated consultations with the UK government under the bilateral investment treaty between the two countries, seeking compensation for losses incurred...

Alfa Laval to use Acerinox’s low-carbon stainless steel in heat exchangers

Spanish stainless steel producer Acerinox and industrial equipment manufacturer Alfa Laval have entered into a partnership to promote industrial decarbonization through the use of...

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