Iron ore recovers on restocking, but outlook remains weak
Iron ore futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook...
Hoa Phat starts up new slab casting and hot rolling complex
Vietnamese steel producer Hoa Phat Dung Quat Steel has successfully commissioned a new slab casting and hot strip mill complex at its Dung Quat...
Tenaris to invest over USD 90 mln in Pennsylvania operations
Tenaris has announced plans to invest more than USD 90 mln in its steelmaking and seamless pipe manufacturing facilities in Pennsylvania, as part of...
Stegra completes major financing round, appoints new board
Sweden's green steel producer Stegra has completed its previously announced EUR 1.4 bln (USD 1.58 bln) financing round, securing support from a consortium led...
Iron ore extends losses amid subdued market sentiment
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market...
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