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Tuesday, June 23, 2026

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Steel scrap imports decline in May

Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month...

Iron ore extends losses amid subdued market sentiment

Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market...

Shougang Jingtang achieves HR steel production milestone at Danieli QSP-DUE line

China's Shougang Jingtang United Iron & Steel (SGJT) has surpassed 10 mln tons of hot-rolled steel production at its Danieli QSP-DUE (Danieli Universal Endless)...

NMDC awards iron ore handling project to Rail Vikas Nigam

India's state-owned iron ore producer NMDC Limited has awarded a contract worth INR 29.77 bln (USD 314 mln), including GST, to railway infrastructure company...

SSAB Americas launches closed-loop steel recycling initiative

SSAB Americas has partnered with railcar manufacturer Greenbrier and metal recycler Alter Trading to launch a closed-loop steel recycling initiative in the United States...

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