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Monday, February 9, 2026
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Global Steel News

Iron ore futures remain under pressure as demand fades

Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at...

Tata Steel reports over four-fold profit rise in first nine months of FY26

Tata Steel Ltd reported a consolidated profit of INR 7,920.82 crores (USD 87.35 mln) for the first nine months of FY26 ended December 31,...

Abul Khair Steel selects Danieli to modernize Chittagong rebar mill

Bangladesh-based Abul Khair Steel Ltd. has contracted Danieli to modernize its rebar rolling mill in Chittagong, with the aim of expanding its product range...

Salzgitter plans to take full ownership of HKM after agreement with Thyssenkrupp

Salzgitter AG has announced plans to become the sole shareholder of Huttenwerke Krupp Mannesmann (HKM) in Duisburg, following negotiations with Thyssenkrupp Steel, mediated by...

Iron ore futures fall through the week as fundamentals remain soft

Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore...

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