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Wednesday, July 8, 2026

Global Steel News

Iron ore gains on Port Hedland disruption concerns, bearish outlook persists

Iron ore futures rose on Wednesday, supported by concerns over a potential supply disruption at Port Hedland, the world's largest iron ore export terminal,...

Finished steel demand rises in Q1 FY2026

India's finished steel consumption increased 7.2pct YoY to 41.6 mln tons during the April-June (Q1 FY2026) period, supported by continued demand from the infrastructure,...

Formosa cuts domestic HRC prices following Hoa Phat

Vietnamese steelmaker Formosa Ha Tinh Steel has reduced domestic HRC prices for August-September deliveries by around USD 40 per ton, following a similar move...

PT Krakatau Steel, SAIL to explore stainless steel slab venture

PT Krakatau Steel has signed a memorandum of understanding (MoU) with India's Steel Authority of India Ltd. (SAIL) to explore the establishment of a...

Tata Steel IJmuiden to face trial over alleged pollution violations

Dutch public prosecutors have decided to bring criminal charges against Tata Steel IJmuiden over alleged environmental violations following a years-long investigation into pollution from...

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