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Wednesday, July 8, 2026

Global Steel News

Iron ore slips on weak demand outlook

Iron ore futures declined on Tuesday as weak steel market fundamentals continued to weigh on sentiment, with the outlook for demand remaining uncertain. Market sources...

Baosteel orders two seamless tube rolling lines

Baosteel Steel Pipe (Ma'anshan) Science and Technology Co., Ltd. has awarded SMS group a contract to supply two PQF (Premium Quality Finishing) seamless tube...

Steelmakers urge action over high costs, rising imports

Kenya's steel industry is operating at only 36pct of its installed production capacity of 4.2 mln tons as manufacturers continue to struggle with high...

Canada Nickel partners with RWE to commercialize low-carbon steel products

Canada Nickel Company has signed a memorandum of understanding (MoU) with RWE Supply & Trading GmbH (RWEST) to support the commercialization of low-carbon intermediate...

Iron ore gains on relatively high steel production, outlook remains weak

Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high...

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