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Saturday, August 8, 2026

Global Steel News

Govt plans to boost local automotive steel supply

Egypt is seeking to increase the use of locally produced steel in its automotive industry as part of wider plans to deepen vehicle manufacturing...

Iron ore futures hold gains despite weaker steel production

Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex,...

Steel exports decline in Jan-Jul as trade barriers weigh

China's steel exports declined 4.4pct YoY to around 65 mln tons during the first seven months of 2026, as growing trade barriers and weaker...

SAIL’s Rourkela Steel commissions micro pellet plant

Steel Authority of India Limited (SAIL) has commissioned its first micro pellet plant at Rourkela Steel Plant (RSP), supporting greater recycling of steelmaking waste...

Local HRC producers cut prices for September deliveries

Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition...

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