Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
US Steel to modernize Gary Works blast furnace with $350M upgrade
US Steel approves $350M Gary Works blast furnace upgrade, boosting pig iron production and manufacturing capacity.
ArcelorMittal Avilés electric arc furnace approved for decarbonization
ArcelorMittal receives environmental approval for Avilés EAF, advancing decarbonization and flexible steel production.
UK exporters face CBAM challenges as EU carbon tax comes into effect
UK exporters face extensive CBAM paperwork from January as EU carbon tax finally takes effect.
China steel exports set to lose momentum from 2026
China steel exports hit records in 2025, but regulation and trade barriers signal slower growth from 2026.
Chinese Steel Production Discrepancy: Insights from Navigate Commodities
Navigate Commodities reveals a discrepancy in China’s steel data, questioning iron ore market trends and production timing.
ArcelorMittal Launches New Electric Arc Furnace at Belval Plant
ArcelorMittal prepares new EAF at Belval, boosting steel capacity, efficiency, and self-sufficiency in Luxembourg.
Iron ore prices may fall to $94 per tonne in 2026, consensus forecast shows
Iron ore prices may fall to $94 per tonne in 2026 as China demand weakens and Simandou supply rises.
CBAM Impact on NW EU HRC Imports: Traders Offer Discounts
Traders offer discounted NW EU HRC imports amid CBAM, signaling shifts in carbon cost pricing and market strategy.
AI adoption in China pipe industry highlights paradox
China’s pipe industry embraces AI, but scale-driven success widens gaps and challenges smaller players.
Iron ore production in China fell to 923.6 million tons in January–November 2025
Iron ore production in China fell in 2025 as steel output slowed and market conditions softened.
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