Iron ore futures rise on pre-holiday restocking, gains capped by supply pressure
Iron ore futures rose on Friday, supported by pre-holiday restocking by Chinese steel mills, although concerns over rising supply are expected to limit further...
SMS group opens new production facility in Sanand
Global metals engineering group, SMS group has inaugurated a new production facility in Sanand, marking a key step in its international expansion and reinforcing...
SSAB, Rheinmetall sign LoI for fossil-free steel supply
SSAB has signed a letter of intent with Rheinmetall for the supply of fossil-free steel, marking the first time a defence equipment manufacturer has...
Cogne Group orders new forging line for SMP’s Sheffield plant
Cogne Group has signed a contract with Danieli Breda for the supply of a 70-MN forging line to be installed at Special Melted Products...
Iron ore futures edge up on stimulus support, gains capped by rising supply
Iron ore futures inched higher on Thursday, supported by China's latest fiscal stimulus measures, although gains remained limited amid continued concerns over rising supply.
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