Hanwha to Supply Metal from Algoma if It Wins Canadian Submarine Contract
If South Korea's Hanwha Group wins a contract to build 12 submarines for Canada, Algoma Steel will s...
EU to Halve Steel Import Quotas from July; Voestalpine Maintains EBITDA Guidance
The European Union will reduce steel import quotas by 50% from July 1, while allowing member states ...
Indian stainless steel market sluggish in week ending June 3; 304 HRC down INR 2,000/tonne
In the week ending June 3, 2026, the Indian stainless steel market remained sluggish overall, with w...
South Asia Import Scrap Market Remains Weak on June 3; Turkey Sentiment Softens
On June 3, 2026, the South Asian imported scrap market continued its sluggish trend, with weak steel...
As of June 3, Indian steel slag prices diverged: Kandla fell by INR 50, Jalna dropped by INR 150, and Raipur remained stable.
As of June 3, 2026, steel slag prices in major domestic Indian markets showed divergent trends. Acco...
China's HBIS Group and ZTE Discuss Deepening AI and Intelligent Computing Cooperation
HBIS Group and ZTE held a meeting on June 1, exchanging views on topics such as AI empowering the st...
Mexico's TYASA Launches Special Steel Project, Capacity Reaches 1.6 Million Tons
Mexican steel company TYASA has launched the first phase of a special steel project at its integrate...
China's steel exports to India doubled to 232,000 tons in April
China's exports of finished steel to India doubled in April, reaching their highest level in at leas...
Luxembourg's Aperam raises stainless steel surcharges for June 2026
Luxembourg-based stainless steel producer Aperam has increased its alloy surcharges for European aus...
U.S. Raw Steel Output Up 8.8% Year-on-Year in Week Ending May 30
The American Iron and Steel Institute (AISI) released its latest weekly report, showing that for the...
China's Shougang LanzaTech Surges 44% on Hong Kong Stock Exchange Debut
On June 3, Beijing Shougang LanzaTech Technology Co., Ltd. (02553.HK) was officially listed on the M...
ArcelorMittal Announces BRL 1.9 Billion Environmental Investment in Brazil on World Environment Day
On World Environment Day, June 5, ArcelorMittal announced its latest progress in natural resource ma...
UK Steel and Aluminum Leaders Question Net Zero Policy's Harm to Manufacturing
UK steel and aluminum industry leaders have warned that Energy Secretary Ed Miliband's net zero poli...
Tata Steel's India Crude Steel Output Hits Record in FY2026, European Green Transition Under Pressure
The global steel market is facing a more severe landscape than the period that drove its expansion o...
BIR Sweden Conference in June: 630 Million Tons of Recycled Steel Annually Becomes a Strategic Industry Resource
On June 1, at the Bureau of International Recycling (BIR) World Recycling Convention & Exhibition in...
China's Hebei Houya 21.8 Billion Cold-Rolled Galvanized Project Passes Environmental Assessment
On June 1, 2026, the Administrative Approval Bureau of Tangshan City, Hebei Province, China, officia...
International Standard for Universal Modular Fuses Revised Under China's Lead Released
On June 3, the Standardization Administration of China (SAC) announced that the international standa...
2026 Russia Metallurgy & Foundry Exhibition: Shanghai Vacuum Melting Company Wins Best Booth Award
Shanghai Vacuum Melting Technology Co., Ltd showcased multiple vacuum metallurgy equipment at the in...
South Africa's ITAC May Steel Tariff Amendment Expands Protection Scope
The International Trade Administration Commission (ITAC) of South Africa has released its latest ste...
Pakistan's Scrap Steel Market Trades Flat; Shredded Scrap Quoted at Around $420/ton
This week, Pakistan's imported scrap steel market remained generally subdued, with no significant im...
South Africa's PyroFuZA Initiative Focuses on Reviving Smelting Industry, Lost R20 Billion Last Year
The 2026 International Conference on High-Temperature Metallurgy, recently hosted by the Southern Af...
Vietnam's Hoa Phat Group lowers July hot-rolled coil prices by $13/ton month-on-month
Vietnam's steel producer Hoa Phat Group has adjusted its July delivery hot-rolled coil (SAE1006, non...
India Raipur Pellet Index PELLEX Falls by INR 100/tonne on June 2
Pellet prices in India's Raipur region declined on June 2, with local producers reducing offers by I...
Brazil Launches Two Green Hydrogen Steelmaking Pilot Projects
In February this year, Brazil's largest power company, Axia Energia, announced an agreement with Ger...
China Calls for Study of Australia's Fortescue Low-Grade Iron Ore
China Mineral Resources Group (CMRG) has commissioned several steelmakers to study the characteristi...
Nucor raises hot-rolled coil spot price to $1,105 per short ton for the week of June 1, 2026
Nucor Corporation, the largest steel producer in the United States, will raise its consumer hot-roll...
Italy Subsidizes Metinvest with €285 Million to Build 2.7 Million Ton Steel Plant
The Italian Investment Promotion Agency (Invitalia) has approved a €285 million subsidy for Metinves...
China Youfa Group Acquires 53% Stake in Longtaidi
On June 1, China's listed company Tianjin Youfa Steel Pipe Group Co., Ltd. (referred to as "Youfa Gr...
Ecolab Invests €100 Million in Two Major Industrial Projects in France
At the "Choose France" summit held on June 1, 2026, U.S.-based Ecolab announced an investment of €10...
Wu Hongzhi Appointed Director of the Inspection Office of the Party Committee of China's Angang Steel Group
Recently, Wu Hongzhi, the newly appointed Director of the Inspection Office of the Party Committee o...