Iron ore under pressure from weak demand outlook
Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on...
Shougang to modernize cold rolling mill automation at Beijing plant
Shougang Cold Rolling Co., Ltd. has awarded Primetals Technologies a contract to modernize the Level 1 and Level 2 automation systems at its pickling...
JVML awards electrical steel processing line contract
JSW Vijayanagar Metallics Limited (JVML) has awarded John Cockerill a contract to supply two annealing and coating lines (ACL) and one annealing and pickling...
SSAB to supply low-emission steel for Vattenfall solar project
SSAB will supply its SSAB Zero steel to Vattenfall for the construction of the Juliusburg/Krukow solar park in Schleswig-Holstein, Germany.
The low-emission steel will be...
Global steel overcapacity set to hit near-record levels by 2028 – OECD
Global steel excess capacity is projected to reach 745 mln tons by 2028, up from an estimated 640 mln tons in 2025, as capacity...
