India's RINL Completes Billet Export Tender for 30,000-60,000 Tons
India's state-owned steel enterprise Rashtriya Ispat Nigam Ltd (RINL) has recently completed a bille...
ArcelorMittal Mexico's Lázaro Cárdenas Steel Plant Resumes Operations on June 1
ArcelorMittal's steel plant in Lázaro Cárdenas, Mexico, is gradually returning to normal production ...
U.S. Department of Commerce Releases Procedures for Section 232 Tariff Adjustments on Steel and Aluminum from Canada and Mexico on April 23
The U.S. Department of Commerce released updated procedures on April 23, allowing steel and aluminum...
China's scrap steel prices under pressure in June, average price in May at 2,518 yuan/ton
China's scrap steel market is expected to face downward pressure in June, as weakening steel demand ...
India's Major Steel Mills Keep June Flat Steel List Prices Unchanged
The monsoon season is expected to dampen demand, while rising import volumes continue to pressure ma...
China's Iron Ore Imports and Production Diverge in May 2026, Port Stockpiles Reach 160 Million Tons
China's iron ore imports continue to diverge from domestic steel production trends, with port stockp...
Evonith Steel acquires 85 MW power plant in India for ₹2.32 billion in 2026
Evonith Steel has acquired Indrajit Power Pvt Ltd (IPPL) in Wardha, Maharashtra, for ₹2.32 billion t...
China's steel industry sees nearly 90% year-on-year drop in main business profit in Q1 2025
China's steel industry faced dual challenges of price and profitability amid market fluctuations in ...
China Iron Ore Spot Price Falls $2.25/DMT on June 4, 2026
The spot price of iron ore fines (Fe 61%) fell by $2.25/dry metric ton (DMT) on June 4, 2026, compar...
Elkem Signs Long-Term Power Agreement with Statkraft to Secure Operations of 60,000-Ton Plant in Norway
Elkem has signed a long-term power agreement with Statkraft to ensure the continued operation of its...
Chinese steel prices fell by 20-30 yuan/tonne in the week to June 5, while coke prices rose
In the week ending June 5, 2026, Chinese steel prices declined, with the market showing seasonal slo...
UK's ET Morris & Sons Completes First Low-Carbon Steel Transport
UK transport company ET Morris & Sons has completed the first transport of low-carbon steel using a ...
UAE Scrap Market Stable in Week Ending June 5, Export Disruptions Boost Domestic Supply
In the week ending June 5, 2026, the UAE's ferrous scrap market remained stable, primarily due to a ...
India 304 Stainless Steel Scrap Prices Up by INR 2,000/tonne WoW as of June 5
In the week ending June 5, 2026, the Indian stainless steel scrap market remained elevated, supporte...
EBRD €18.9 Million to Help Greek Steel Plant Build 32 MW Solar Project
The European Bank for Reconstruction and Development (EBRD) has signed a financing package to suppor...
Vietnam's Formosa Ha Tinh cuts July-August HRC prices by $23/ton
Formosa Ha Tinh Steel (FHS) has reduced its hot-rolled coil (HRC) prices for July-August 2026 delive...
China's self-sufficiency rate for high-end steel approaches 100%, with six products launched globally for the first time
China's supply capacity for high-end steel continues to strengthen, with a batch of specialty steels...
Simandou Iron Ore in Guinea May Exceed 20 Million Tonnes in Shipments in 2026
Core data from Shanghai Ganglian (Mysteel) shows that since the first shipment of the Simandou iron ...
Iron ore prices post biggest single-day drop in nearly two months as China demand weakens
Affected by weakening demand from China's steel industry, iron ore prices recorded their largest sin...
Chile's CAP and AZA Discuss Restarting Huachipato Steel Plant with Over $400 Million Investment
Chilean steel company CAP has reported to the Financial Market Commission (CMF) that it is in negoti...
India Port Thermal Coal Inventory Rises Week-on-Week to 15.61 Million Tons, Prices Diverge
Thermal coal inventories at Indian ports rose slightly week-on-week, while sentiment in the South Af...
Karnataka benchmark fines up INR 100/tonne week-on-week
In the week ending June 4, the iron ore market in Karnataka showed a clear divergence, with high-gra...
India Medium Carbon Silico Manganese Up INR 300/tonne Week-on-Week on June 4
In the week ending June 4, Indian medium carbon silico manganese prices edged up, driven by stable d...
American Iron and Steel Institute: Domestic Production Increases by Nearly 5 Million Tons Since the Beginning of the Year
U.S. steel imports have declined sharply, while domestic production has seen significant growth. Bra...
Brazil's Ecovix and Gerdau Complete Dismantling of P-32 Platform, Achieving First Green Recycling
Ecovix's Rio Grande Shipyard (Estaleiro Rio Grande) completed the dismantling of the P-32 platform i...
US Tariffs Cause 34% Drop in EU Steel Exports
The European Steel Association (Eurofer) said on Thursday that EU steel exports to the US have falle...
Two Vanadium-Titanium Enterprises in China's Sichuan and Yunnan to Complete Equity Changes in 2026, Joining Fangda Group
Fang Wei, Chairman of the Board of Directors of Fangda Group, visited the production frontline of en...
Indonesia Tsingshan Group Raises 304 Stainless Steel Export Price by $40/Ton from June 3
Indonesia Tsingshan Holding Group has raised the export price of 304 stainless steel by $40 per ton,...
ThyssenKrupp Duisburg Hot Strip Mill Resumes Trial Operation After Fire
Thyssenkrupp Steel has restarted trial operation of its No. 4 hot strip mill in Duisburg after compl...
India's Rashmi Group Invests Rs 35,000 Crore to Expand Steel and Mining Operations in West Bengal
India's Rashmi Group recently announced an investment of Rs 35,000 crore to expand its steel, power,...