Tuesday, September 16, 2025
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    Global Steel News

    Iron ore futures edge lower as weak property data weighs on sentiment

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    Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain...

    GPIL to commission cold rolling mill in Chhattisgarh

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    Indian steel producer Godawari Power and Ispat (GPIL) has awarded an INR 500 mln (USD 56.7 mln) contract to John Cockerill India for the...

    Vallourec secures major OCTG contract from Petrobras

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    Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Petrobras following a competitive bidding process. The long-term deal,...

    Vale extends partnership with HMM for iron ore transport until 2036

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    Vale has signed a long-term contract of affreightment (COA) with South Korea's largest shipping company, HMM, worth KRW 430 bln (USD 310 mln). Under...

    LKAB to invest in new iron ore sorting plant at Malmberget mine

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    LKAB's board has approved a SEK 6 bln (USD 646 mln) investment to build a new sorting plant at the Malmberget mine in Gallivare,...

    Iron ore futures little changed as steel demand concerns linger

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    Iron ore futures closed nearly flat on Friday, with firm near-term demand tempered by sluggish steel consumption. Market sentiment was supported by expectations of resumed...

    Xisco completes modernization project at new SBQ mill

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    Xinyu Iron & Steel Co. Ltd. (Xisco), a subsidiary of China Baowu Group, has completed its Kocks RSB 370++/4 project with the signing of...

    Tenaris wins pipe supply contract for Buzios 11 offshore project

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    Tenaris has secured a contract to supply seamless line pipe and TenarisShawcor thermal insulation coatings for risers and flowlines in the Buzios 11 offshore...

    Aperam Stainless secures renewable power agreement with LRM

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    Aperam Stainless Belgium has signed a long-term Power Purchase Agreement (PPA) with LRM to source renewable electricity from Kristal Solar Park, Belgium's largest photovoltaic...

    Iron ore futures ease as weak steel demand weighs on market

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    Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced. Rising inventories of finished steel products, particularly long steel, at major Chinese...
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