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,...
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...