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Tuesday, June 16, 2026

Global Steel News

Iron ore declines on weak property data, pressure on steel margins

Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property...

Tokyo Steel raises prices for July sales amid rising costs

Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw...

POSCO launches national project for advanced electrical steel development

South Korea's POSCO has launched a joint research project with Hyundai Motor and eight other industry, academic and research organizations to develop next-generation electrical...

U. S. Steel advances low-emission steelmaking with new DRI project

Midrex Technologies has been selected by U. S. Steel to supply a 2.5 mln tons per year HDRI/HBI direct reduced iron (DRI) plant for...

LKAB advances fossil-free iron ore project with new permit

Swedish mining company LKAB has received an environmental permit for the continued and expanded operation of its Malmberget mining complex, securing the long-term future...

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