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Sunday, June 21, 2026

China

WISCO enhances rail steel capabilities with new caster project

Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan,...

Iron ore futures decline as easing Gulf tensions reduce cost support

Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns...

LME and SHFE to launch Shanghai HRC futures contract

The London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) have signed an agreement to launch a new steel futures contract that will...

Iron ore extends decline amid oversupply concerns and weak steel consumption

Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said...

Fujian Kunbao orders electrical steel processing lines for Zhangzhou plant

Fujian Kunbao New Materials, part of China's Sanbao Group, has awarded Fives a contract to design and supply two strip processing lines for grain-oriented...

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