OECD: Global Steel Overcapacity May Rise to 721 Million Tons by 2027
The latest steel market analysis by the Organisation for Economic Co-operation and Development (OECD...
Fortescue's Green Metal Project in Australia Produces First Hot Metal Using Metso DRI Technology
Fortescue's Christmas Creek Green Metal Project in the Pilbara region of Western Australia has compl...
Mesabi Metallics Plans to Invest $15 Billion to Build a Large Steel Plant in Iowa, USA
On September 28, Mesabi Metallics announced plans to build a large integrated steel plant in Iowa, U...
China's Shougang Jingtang and Rio Tinto Commission 10,000-Tonne-Scale Blast Furnace Gas Carbon Capture Unit
On September 28, Rio Tinto disclosed that an industrial-scale blast furnace gas carbon dioxide captu...
Vietnam's steel imports fell to 1.36 million tons in August, up 3.2% year-on-year in the first eight months
Vietnam Customs data shows that in August 2026, Vietnam's steel imports amounted to approximately 1....
Crossing the Pacific! Ansteel's 115RE IH Steel Rails Exported to South America for the First Time
Recently, the first batch of ASTM 115RE IH high-hardness steel rails from Ansteel rolled off the pro...
India's EU Steel Preferential Quota Proposed to Increase to 1.64 Million Tonnes, CBAM Still Applies
On September 14, the latest legal text of the EU-India Free Trade Agreement showed that after the ag...
India's Vedanta has invested over ₹210 billion to expand aluminum, zinc, copper and other metal production capacity
On September 9, India's Vedanta Group disclosed that, as of fiscal year 2026, it has cumulatively in...
Hyundai Steel's $5.8 Billion Electric Arc Furnace Steel Plant in Louisiana Officially Breaks Ground
On September 4, the groundbreaking ceremony for the HYUNDAI-POSCO Louisiana Steel (HPLS) electric ar...
Element Zero Secures Up to A$26 Million from Australian Government to Scale Green Iron Technology
On September 2, the Australian Government confirmed it will provide up to A$26 million to Perth-base...
Primetals Secures Order for Two 8 Million t/y Pellet Plants from JSW Steel
On August 27, Primetals Technologies announced a project update, stating that JSW Steel has placed a...
ArcelorMittal Approves Up to R$5 Billion Expansion of Brazilian Steel Plant
On August 28, ArcelorMittal gave final approval for a new round of expansion investment at its Tubar...
John Cockerill Secures Approximately INR 2 Billion Steel Equipment Order from Tanzania
On August 28, John Cockerill India Limited confirmed receipt of an order for steel processing equipm...
Brazil's July crude steel output reaches 2.804 million tons, up 0.1% year-on-year
According to global crude steel production data released on August 24, Brazil produced 2.804 million...
Thyssenkrupp Steel Slab Caster in Germany Passes Acceptance in April 2026 with Capacity of 2.3 Million Tons
The upgrade project for slab caster No. 4 at thyssenkrupp Steel's Duisburg plant in Germany passed f...
India's scrap imports fall to 2.5 million tonnes in H1 2026, a five-year low
At the BigMint India Ferrous Week 2026, held from August 19 to 21, 2026, in Kolkata, industry repres...
UAE scrap steel prices edge up, up AED 14/tonne week-on-week
UAE domestic scrap steel market remained stable-to-firm week-on-week, with ample supply and good qua...
South Korea's stainless steel plate imports down about 17% year-on-year in mid-August
According to provisional customs clearance data from South Korea, stainless steel plate imports from...
Chinese enterprise Hongdesheng launches Tanzania steel project with investment of approximately RMB 475–611 million
On August 18, the groundbreaking and foundation-laying ceremony for the Hongdesheng Group Tanzania S...
US Hertha Metals Achieves 99.95% High-Purity Iron
On August 18, US materials technology company Hertha Metals produced high-purity iron with a purity ...
Fortescue's Green Iron Project in Australia Produces First Hot Metal
Fortescue's Green Iron Project at its Christmas Creek mine site in Western Australia recently produc...
Russia's Asha Metallurgical Plant Completes First Replacement of Caster Turret Bearing in Twenty Years
On August 18, Russia's Asha Metallurgical Plant completed the replacement of the slewing bearing on ...
Q2 2027 Completion: Canada's Electra Secures $84 Million for Cobalt Refinery
Electra Battery Materials (NASDAQ:ELBM; TSXV:ELBM) is building the only cobalt sulfate refinery unde...
Outokumpu starts up bio-coke plant in Tornio, Finland with €30 million investment
Outokumpu has started up a new bio-coke briquetting plant in Tornio, Finland, with an investment of ...
Germany's thyssenkrupp Q3 FY2025/26 sales up 8% to €8.8 billion
On August 13, German industrial group thyssenkrupp released its results for the third quarter of fis...
German Waelzholz invests 1.2 billion pesos in new plant in Mexico
German cold-rolled steel materials company Waelzholz has broken ground on its first production plant...
Russia's MMK Restarts Blast Furnace No. 7 with RUB 4.8 Billion Investment
On August 10, Russia's Magnitogorsk Iron and Steel Works (MMK) announced that Blast Furnace No. 7 ha...
India's New Mangalore Port Ships First 31,500 Tons of Pig Iron
On August 8, the New Mangalore Port Authority in India disclosed that the port had shipped its first...
Vietnam's Formosa Ha Tinh Cuts September 2026 HRC Offer Prices by $8/ton
Vietnamese steel producer Formosa Ha Tinh (FHS) has lowered its hot-rolled coil (HRC) offer prices f...
Spain's Hydnum Steel Secures €150 Million Investment to Build Clean Steel Plant
Hydnum Steel has secured a €150 million investment commitment from the joint investment fund (FOCO),...