Friday, January 16, 2026
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AGSI advances net-zero rebar production with HRM 3 start-up
UAE-based Arabian Gulf Steel Industries (AGSI) has completed both cold and hot trials at its new rolling mill, HRM 3, located at ICAD II...EMSTEEL, Modon sign second MoU to explore sustainable steel solutions
EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess...Hadeed, Bahri sign LOI to explore iron ore shipping cooperation
Saudi Iron & Steel Company (Hadeed) has signed a letter of intent with the National Shipping Company of Saudi Arabia (Bahri) to explore potential...Knowledge Economic City awards contract for Al-Alya residential towers
Knowledge Economic City has issued a letter of award to ElKhereiji Commerce & Contracting Company for the construction of four additional residential towers under...
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Iron ore futures slide as cautious sentiment persists amid weak demand signals
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at...Tonggang completes ladle furnace upgrade at Jilin plant
Tonghua Iron and Steel (Tonggang) has completed a ladle furnace upgrade at its Jilin Province site, with Primetals Technologies supplying and commissioning a new...Rio Tinto, BHP explore joint iron ore development in Pilbara
Rio Tinto and BHP have agreed to explore collaboration to extract up to 200 mln tons of iron ore from their neighboring Yandicoogina and...InfraBuild upgrades EAF power systems to improve reliability
Australian steelmaker InfraBuild has upgraded the electrical protection system at its Laverton steelworks in Victoria with the installation of two ABB VD4-AF vacuum circuit...
- Prices
Iron ore futures slide as cautious sentiment persists amid weak demand signals
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at...Kardemir cuts wire rod prices in latest sales round
Turkish steelmaker Kardemir has lowered wire rod prices in its latest sales round, according to the company's updated price list. Kardemir is now offering 5.5...Iron ore futures edge higher as record trade data offsets cautious sentiment
Iron ore futures edged higher on Wednesday, supported by record Chinese steel export and iron ore import data, although overall market sentiment remained cautious. Data...Iron ore futures edge lower as cautious sentiment persists
Iron ore futures edged lower on Tuesday as market sentiment remained cautious, although near-term factors helped limit losses. Higher portside inventories in China, rising global...
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