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Saturday, July 4, 2026

Global Steel News

Iron ore retreats as market refocuses on weak fundamentals

Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session...

NMDC iron ore output rises in June

India's largest iron ore producer, NMDC, reported a 44.3pct YoY increase in iron ore production to 5.15 mln tons in June 2026, according to...

Hoa Phat cuts domestic HRC prices on weak demand

Vietnamese steelmaker Hoa Phat has reduced domestic HRC prices for August deliveries amid weak market demand and seasonal pressure. The producer lowered prices by around...

Severstal completes upgrade of cold rolling slitting line

Severstal has successfully completed hot commissioning of the upgraded Slitting Line No. 10 (APR-10) at its Cherepovets Iron and Steel Works (CherMK), aiming to...

Iron ore ticks higher as market weighs supply curbs against weak demand

Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade...

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