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India’s Rolled Steel Exports Rise 33% in April-December 2025

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India’s rolled steel exports recorded strong growth of 33% year-on-year during the period from April to December 2025, reaching around 4.8 million tonnes in the first nine months of the 2025/2026 fiscal year, according to preliminary government data cited by Reuters. During the same period, rolled steel imports totaled approximately 4.65 million tonnes. Total steel …

India’s Rolled Steel Exports Rise 33% in April-December 2025 Read More »

SNIM Achieves a Record in Iron Ore Production in 2025

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SNIM achieved a record level of iron ore production and sales in 2025, reaching around 14.7 million tonnes and surpassing the 14 million-tonne threshold for the third consecutive year, reflecting clear improvements in operational performance and sustained growth. The company aims to increase production and sales to 15.5 million tonnes in 2026, focusing on enhancing …

SNIM Achieves a Record in Iron Ore Production in 2025 Read More »

Voestalpine Tasks Primetals Technologies with Automation Upgrade of Pickling and Cold Mill

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Primetals Technologies is implementing a software upgrade across the entire Level 1 and Level 2 process control systems at voestalpine stahl’s BETA 2 pickling line and tandem cold mill (PLTCM) in Linz, Austria. This upgrade will strengthen IT security, increase system availability, and ensure that the PLTCM meets the latest standards in automation. Commissioning is …

Voestalpine Tasks Primetals Technologies with Automation Upgrade of Pickling and Cold Mill Read More »

Libyan Iron and Steel Company Achieves Historic Production Record by End of 2025

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The Libyan Iron and Steel Company (LISCO), one of the largest industrial companies in Libya and North Africa, announced the achievement of a new historic production record by the end of 2025. Steel Plant No. 1 recorded its highest-ever output of billets, reaching 861,000 tonnes, a level never previously attained since the plant began operations. …

Libyan Iron and Steel Company Achieves Historic Production Record by End of 2025 Read More »

Arcosteel plans to inject EGP 6 billion in new investments in 2026

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The Arab Company for Special Steel Arcosteel, a subsidiary of El Ashry Steel Group, plans to inject new investments worth EGP 6 billion during 2026 as part of its expansion strategy to increase production capacity and strengthen its presence in both local and international markets, according to Ahmed Hammam, Managing Director of the company, speaking …

Arcosteel plans to inject EGP 6 billion in new investments in 2026 Read More »

ArcelorMittal invested €245 million in decarbonization in France over 10 years

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ArcelorMittal Méditerranée has invested nearly €245 million in environmental and ecological projects at its sites in France from 2014 to 2024, according to agronews.ua. The company managed to reduce the overall environmental impact of production by approximately 71%, particularly in indicators such as nitrogen and sulfur oxide emissions, dust, and dioxins. One of the key …

ArcelorMittal invested €245 million in decarbonization in France over 10 years Read More »

“Gulf Steel” Makes Bid to Buy Struggling British Steel Company

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Gulf Steel has submitted a formal bid to acquire Specialty Steel, the third-largest steel producer in the United Kingdom, during the weekend, in a move aimed at rescuing the struggling British company and ensuring the continuity of its operations. Gulf Steel, also known as Arabian Gulf Steel Industries, is one of a limited number of …

“Gulf Steel” Makes Bid to Buy Struggling British Steel Company Read More »

Maghreb Steel upgrades melt shop safety with automated systems

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Morocco’s leading flat steel producer Maghreb Steel has strengthened steelmaking efficiency and workplace safety by installing new automated systems supplied by MORE, a manufacturer of chemical energy and auxiliary equipment for the steel industry. The company has commissioned MOTANK, a remote-controlled ram that removes scrap from the slag door to prevent blockages, and STROP, a …

Maghreb Steel upgrades melt shop safety with automated systems Read More »

“Pittini” Selects “Danieli” to Modernize Steel Rolling Mill Plant in Italy

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Pittini Group has awarded Danieli the contract for the modernization of the rolling mill at its SiderPotenza plant in Potenza, Italy. The project aims to enhance production efficiency reducing billet reheating gas consumption and overall CO₂ emissions, in line with Pittini’s sustainability strategy. The revamp will include a new rolling mill featuring 20 SHS cartridge …

“Pittini” Selects “Danieli” to Modernize Steel Rolling Mill Plant in Italy Read More »

UK cancels import quota exemption for Vietnamese rebar

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The UK Trade Remedies Authority (TRA) has revoked the tariff-rate quota (TRQ) exemption for imports of Category 13 steel products (rebar, HS codes 72142000 and 72149910) from Vietnam, following an investigation that revealed that Vietnamese volumes exceeded the 3% threshold for developing countries. During the investigation period from October 1, 2024, to September 30, 2025, …

UK cancels import quota exemption for Vietnamese rebar Read More »

Media billionaire Kerry Stokes and U.S. company submit $9 billion bid to acquire Australia’s largest steelmaker

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Australian media billionaire Kerry Stokes, in partnership with U.S.-based Steel Dynamics, has submitted an all-cash offer worth nearly $9 billion to acquire BlueScope, Australia’s largest steel producer, in a deal that would significantly expand Stokes’ industrial footprint. The bidders said they plan to split the company along geographic lines, with Stokes’ SGH group taking control …

Media billionaire Kerry Stokes and U.S. company submit $9 billion bid to acquire Australia’s largest steelmaker Read More »

Oil prices fall more than 1% at settlement after Trump’s comments on Venezuela

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Oil prices fell at settlement on Tuesday for the second consecutive session after U.S. President Donald Trump said the United States had reached an agreement to import USD 2 billion worth of crude oil from Venezuela, a move that could increase supplies to the world’s largest oil consumer. Brent crude futures declined by 74 cents, …

Oil prices fall more than 1% at settlement after Trump’s comments on Venezuela Read More »

El-Marakby Steel Launches a New Plant to Localize Production Inputs

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El-Marakby Steel plans to invest EGP 1 billion (approximately USD 21.15 million) to expand its product portfolio, according to local media reports. Chairman Hassan El-Marakby stated that the investment will be directed toward establishing a new plant in the industrial zone of New October City to produce cold-drawn wire rod, a key production input that …

El-Marakby Steel Launches a New Plant to Localize Production Inputs Read More »

Vietnamese company Hoa Phat Group achieves record sales of Construction steel

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In December 2025, Hoa Phat Group recorded sales of 585,000 tons of construction steel and high-quality steel coils, a 52% increase compared to the same period in 2024. Of this, high-quality steel coils used in the production of automobile tire treads, welding rod cores, prestressed cables, and mechanical engineering contributed approximately 60,000 tons. All branches …

Vietnamese company Hoa Phat Group achieves record sales of Construction steel Read More »

OPEC+ Confirms Suspension of Oil Output Increase in Q1 2026

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OPEC+ countries have confirmed the suspension of the planned increase in oil production during the first quarter of 2026, reaffirming their commitment to supporting market stability amid expectations of a stable global economic outlook and strong market fundamentals, according to a statement issued by OPEC today. The OPEC+ meeting came a day after the arrest …

OPEC+ Confirms Suspension of Oil Output Increase in Q1 2026 Read More »

Türkiye’s steel imports increased in January-November 2025

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The Turkish Steel Producers’ Association (TCUD) reported that Turkey’s steel imports increased by 11.8% year on year in the January–November 2025 period to 17.39 million tonnes, with a total value of $12.06 billion. The rise was mainly driven by higher imports from Russia and China. Imports from Russia surged by 44% to around 4.1 million …

Türkiye’s steel imports increased in January-November 2025 Read More »

Oman Strengthens Its Partnership with China’s Tsingshan to Localize Green Steel Industries

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His Excellency Dr. Saleh bin Saeed Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, conducted an extensive field visit to the industrial complexes of Tsingshan Group in the People’s Republic of China. The visit comes within the framework of translating the objectives of the Industrial Strategy 2040, which …

Oman Strengthens Its Partnership with China’s Tsingshan to Localize Green Steel Industries Read More »

Russia Extends Scrap Metal Export Quotas Until 2026, Raising the Limit to 2.2 Million Tons

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The Russian government has announced a decision to impose export quotas subject to customs duties on shipments of iron scrap and mixed ferrous metals to countries outside the Eurasian Economic Union (EAEU), effective from January 1, 2026, until December 31 of the same year. The move aims to provide industrial companies with the opportunity to …

Russia Extends Scrap Metal Export Quotas Until 2026, Raising the Limit to 2.2 Million Tons Read More »

Hadeed raises rebar prices for January and keeps wire rod prices unchanged

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Saudi Iron and Steel Company (Hadeed) announced an increase in rebar prices for January sales, while maintaining wire rod prices at their current levels. According to the company, rebar prices for sizes 12–32 mm were raised by SAR 70 per ton, reaching SAR 2,190 per ton.Meanwhile, wire rod prices for sizes 6.5–16 mm remained stable …

Hadeed raises rebar prices for January and keeps wire rod prices unchanged Read More »

Canada Maintains AD Duties on Rebar Imports from China, South Korea, and Turkey

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The Canada Border Services Agency (CBSA) has completed the expiry review of the anti-dumping duties imposed on rebar imports from China, South Korea, and Turkey, as well as the expiry review of the countervailing duties on the same product imported from China. The agency concluded that the expiry of these orders is likely to result …

Canada Maintains AD Duties on Rebar Imports from China, South Korea, and Turkey Read More »

Danieli Strengthens Its Presence in India with Major Project for SAIL

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Steel Authority of India Limited (SAIL), the largest public-sector steel producer in India, has awarded contracts to Danieli to supply advanced technologies for the expansion of the IISCO Steel Plant in Burnpur, West Bengal. The announcement was made during the Italy-India Business Forum in Mumbai, in the presence of H.E. Piyush Goyal, Minister of Commerce …

Danieli Strengthens Its Presence in India with Major Project for SAIL Read More »

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