Global Steel Industry News & Market Intelligence.

Two, new Danieli Zerobucket EAFs for Donghua Steel EAF project
danieli steel
Sat, 22 Mar 2025 15:01:56 GMT
A groundbreaking ceremony took place for the electric-arc furnace project of Donghua Iron & Steel, for the installation of two, new Danieli Zerobucket EAFs in Tangshan, Hebei


Iron ore set for weekly loss on caution over China demand prospects
china iron ore market
Sat, 22 Mar 2025 00:00:00 GMT
Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns over demand prospects in top consumer China amid an escalating global trade war. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.33% lower at 757.5 yuan ($104.52) a metric ton, posting a weekly fall of 3.8%. The contract hit its lowest since January 10 at 753.5 yuan a ton earlier in the session. The benchmark April iron ore (SZZFJ5) on the


Iberian distributors see challenging 2025, old concerns persist
market portugal steel
Sat, 22 Mar 2025 00:00:00 GMT
Spanish and Portuguese steel distribution representatives anticipate difficult market conditions in...


Hyirons Namibia Plant Produces First Hydrogen Ahead Of Green ...
dri ghg namibia production
Fri, 21 Mar 2025 00:00:00 GMT
Mar 21, 2025 HyIrons Namibia plant produces first hydrogen ahead of green iron production HyIrons Oshivela plant is set to begin producing green hydrogen-based direct reduced iron (DRI) within... View


Steel Devt Minister Visits NSRMEA, DICON, Emphasises Role In ...
steel
Fri, 21 Mar 2025 00:00:00 GMT
The Minister of Steel Development, Prince Shuaibu Audu has reaffirmed the Federal Governments commitment to leveraging the steel and metal industry to drive


Armenia: subsidies boost metal production
armenia production
Fri, 21 Mar 2025 00:00:00 GMT
Companies operating in Armenia will receive preferential conditions for producing metal items from local raw materials, including molds and semi-finished products. According to a decision adopted at a government session, enterprises engaged in such production will be eligible for a 10% subsidy on industrial loans. In recent years, the countrys metallurgical sector has developed


ICM implements new beam line in Colorado
fabrication steel
Thu, 20 Mar 2025 14:25:00 GMT
Industrial Constructors/Managers Inc., a general contractor specializing in industrial construction and plant maintenance, has acquired a new beam line machine, increasing steel fabrication capacity at its two fabrication shops in Pueblo, Colo., by up to 75%. The beam line automates


Press Release - Commercial Metals Company
cmc metals results
Thu, 20 Mar 2025 06:00:00 GMT
Press Release - CMC Reports Second Quarter Fiscal 2025 Results


Everything is expensive, only prices are low. The Russian market ...
market russia steel
Thu, 20 Mar 2025 00:00:00 GMT
The problem of non-payments is escalating on the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significan't changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged.


SMS group successfully renews whole automation system of hot ...
investment sms steel
Wed, 19 Mar 2025 00:00:00 GMT
SMS group has completed the automation system upgrade of hot strip mill no. 1 at PT Krakatau Steel (Persero), Tbk. (PTKS) in Cilegon,


Number of steel industry news articles: 10
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