back to top
Monday, August 3, 2026

Global Steel News

Iron ore futures hit fresh one-year low on weak demand

Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant...

Baogang plant explosion linked to prolonged tank corrosion – reports

An official investigation into the fatal explosion at Baogang United Steel's plate plant in Baotou, Inner Mongolia, found that long-term corrosion damage to a...

NMDC iron ore production rises in July

State-owned miner NMDC reported a sharp increase in iron ore production in July 2026, while sales remained broadly stable compared with the same month...

ArcelorMittal expands Microsoft partnership to accelerate AI-driven transformation

Global steelmaker ArcelorMittal has expanded its collaboration with Microsoft to accelerate the use of cloud computing, data analytics and artificial intelligence across its global...

Steeltec commissions laser-based measuring system at rolling mill

Swiss special steel producer Steeltec AG has commissioned a new 4D EAGLE S laser measuring system at its rolling mill in Emmenbrucke to improve...

Prices

spot_img