Global Old Economy Companies Benefit from AI Infrastructure Demand, Caterpillar and Others See Stock Surge Over 150%
Companies beyond the world's big tech firms are benefiting from the artificial intelligence wave, wi...
Mexinox Celebrates 50 Years of Operations, Reaffirming Leadership in Mexican Stainless Steel
Mexinox, part of Outokumpu, celebrates 50 years of operations as the only stainless steel producer i...
Brazil's Vale Raises Free Cash Flow Forecast by $1.5 Billion, Citing High Metal Demand
The world's largest iron ore producer, Vale SA, CEO Gustavo Pimenta stated that the company has not ...
UK to Implement New Steel Import Rules from July 2026, Quotas Cut by 60%
The UK government will implement a new steel import control system from July 1, 2026, with tariff-fr...
EU to Raise Steel Import Over-Quota Tariff to 50% from July, Pressuring Asia
According to Yieh.com data, after the U.S. imposed a 50% tariff under Section 232, Europe's steel ex...
New Book on Metallurgical Process Informatics by CISRI Released to Empower Intelligent Process Industry
"Metallurgical Process Informatics," co-authored by Professor Sun Yanguang, Deputy Chief Engineer of...
China Baowu Appoints Fan Hongchao as General Manager of Wugang Group
On June 9, 2026, Wugang Group Co., Ltd., a subsidiary of China Baowu Steel Group Corp., held a cadre...
MCC CERI Phoenix Furnace Company's New Steel Plate Heat Treatment Line Project Successfully Ignited and Commissioned
The new heavy plate heat treatment line project at Xinyu Iron & Steel Co., Ltd., contracted by China...
Russia's Novostal-M to Create 1,800 Jobs with New Rolling Mill in Balakovo
Saratov Oblast Governor Roman Busargin discussed the formation of a metallurgical industrial cluster...
Eight Steel Factories in Balkh Province, Afghanistan, to Become Operational Soon
Steel production in Balkh Province, Afghanistan, has achieved self-sufficiency in meeting domestic d...
Personnel Changes at China's Ansteel Resources and Jigang Group
At a Party Committee Standing Committee meeting held on May 29, 2026, Ansteel Resources Co., Ltd., a...
Tata Steel's £1.25 Billion Electric Arc Furnace Project in UK May Face Delayed Commissioning
Tata Steel's £1.25 billion project to build a new electric arc furnace in Port Talbot, Wales, may fa...
Cargill in Talks with Macquarie to Sell Metals Business
Cargill is in talks with Macquarie Group to sell its metals business unit. Five sources familiar wit...
Steel Manufacturers Association Supports Three Trade Initiatives of the Trump Administration
The Steel Manufacturers Association (SMA) expressed support for three recent initiatives by the Dona...
OECD Forecasts Global Steel Overcapacity to Reach 745 Million Tons by 2028
A new report from the Organisation for Economic Co-operation and Development (OECD) shows that globa...
Mexican Court Approves Joint Sale of AHMSA and Minosa Assets for $1.33 Billion
A Mexican bankruptcy court has approved the joint sale of steelmaker Altos Hornos de México (AHMSA) ...
Kazakhstan Develops Waste-Free Processing Technology for Polymetallic Ores
Specialists from the National Center for Comprehensive Processing of Mineral Raw Materials in Kazakh...
China Dongfeng Motor Supply Chain Showcases Chip Annual Capacity of 700,000 Units
Reporter Jason traced the Dongfeng Motor supplier network from the China International Supply Chain ...
China's Bingang Group Launches Intelligent Converter Project with 9-Month Construction Period
On the afternoon of June 6, the kick-off ceremony for the intelligent converter project of the steel...
China's Longteng Special Steel and Chile's Elecmetal Joint Venture Wear-Resistant Steel Ball Plant in Indonesia Commences Production with Annual Capacity of 200,000 Tons
Recently, PT ELECMETAL LONGTENG INDONESIA, a joint venture between Chile's Elecmetal and China's Jia...
Italian steel company Marcegaglia Group invests €1.2 billion in new plant in France, increasing liquid steel annual capacity to 2.1 million tons
Recently, Italian steel producer Marcegaglia Group awarded the design contract for its new steel pla...
China's Guangxi Shenglong Metallurgy Downgraded from Grade A to Grade C for Data Fraud
Recently, the Department of Ecology and Environment of Guangxi Zhuang Autonomous Region officially i...
China Baowu and Shandong Iron & Steel Plan to Invest 75 Billion Yuan in Rizhao Phase II with 11.5 Million Tons of Steel Capacity
Shandong Iron and Steel Company Ltd. (Shandong Iron & Steel, 600022.SH, headquartered in Jinan, Shan...
Three Chinese Steel Enterprises, Including Jihua Group, Announce Concentrated Personnel Changes
From June 1 to June 6, 2026, three Chinese steel-related enterprises—Jihua Group Co., Ltd. ("Jihua G...
Indonesia to Implement Single Window System for Strategic Commodity Exports via DSI from January 1, 2027
Indonesia has announced that it will implement a "single window" system for exports of strategic com...
India BigMint Steel Index Falls 0.5% in Week to June 5; Long Products Weak
As of June 5, BigMint's India Steel Composite Index continued its decline from the previous week, fa...
China's Auto Raw Material Cold-Rolled Coil Transaction Volume Up 13.7% WoW in First Week of June
Last week, the steel market showed divergent trends, with ferrous and non-ferrous metals sectors dri...
China's SCFI rose 6% to 2726 points on June 5
Last week (May 28 to June 3, 2026), the steel and non-ferrous metals market generally showed a narro...
Kazakhstan Assessment: CBAM to Increase Annual Costs for Metallurgical Enterprises by €114 Million
The European Union will implement the Carbon Border Adjustment Mechanism (CBAM) starting in 2026, re...
Indian study reveals corrosion resistance mechanism of ancient Agaria ironwork
A study on ancient Indian ironmaking techniques has revealed the complex mechanisms behind the excep...