Monday, July 8, 2024
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    Global Steel News

    Iron ore futures fall amid weak steel demand and rising inventories

    Iron ore futures dropped on Monday as weak fundamentals, driven by sluggish steel demand, weighed on market sentiments. Concerns over long-term demand outlook were exacerbated...

    Tata Steel India delivers strong Q1 performance with record sales and production growth

    Tata Steel reported a 5pct YoY increase in crude steel production to 5.25 mln tons in Q1 FY25 in its Indian operations. However, production...

    ArcelorMittal and Mitsubishi trial CO2 conversion technology at Gent plant

    ArcelorMittal and Mitsubishi Heavy Industries, Ltd. (MHI) are partnering with climate tech company D-CRBN to trial a new technology that converts carbon dioxide (CO2)...

    Irepas reports intensifying market competition amid Chinese export dominance

    The global long steel products market is increasingly unstable, with China moving steel billets at the lowest prices. Chinese finished products dominate most markets...

    Iron ore futures dip as steel output declines

    Iron ore futures dropped on Friday due to weak steel output figures and slow steel demand, negatively impacting market sentiment. Based on recent figures released...

    SEFI proposes integration of RINL, FSNL, and Nagarnar Steel with SAIL

    The Steel Executives Federation of India (SEFI) has urged the steel ministry to merge state-run Rashtriya Ispat Nigam Limited (RINL), Ferro Scrap Nigam Limited...

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