Iron ore futures consolidate as supply risks offset weak steel demand
Iron ore futures were broadly stable on Friday as near-term supply concerns provided some support, while weak steel demand and squeezed mill margins continued...
Welspun Corp secures record order from US facility
India's Welspun Corp has secured its largest-ever single order, valued at approximately USD 1.8 bln, for the supply of pipes from its manufacturing facility...
CSC’s profit falls in July on weaker Asian steel demand
Taiwan's China Steel Corp (CSC) reported a 55pct decline in pretax profit to TWD 655 mln (USD 20.6 mln) in July from the previous...
SSAB supplies low-emission steel for circular-economy railcar project
SSAB has partnered with US railcar manufacturer Greenbrier and metal recycler Alter Trading to complete a batch of 50 gondola railcars using SSAB Zero...
Cleveland-Cliffs to invest USD 1 bln to modernize Middletown Works in Ohio
Cleveland-Cliffs will invest USD 1 bln to modernize its Middletown Works steel plant in Ohio, with the US Department of Energy (DOE) providing USD...
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