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News
India Gets 6.94 Lakh Tonnes Of Steel Quota Annually For Exports Under India-EU Free Trade Pact
1+ day, 3+ hour ago (505+ words) Published: September 13, 2026 at 4:10 PM IST New Delhi: India will get country-specific tariff-rate quotas (TRQs) totalling 1.64 million tonnes annually for exporting steel products to the European Union, of which 6,94,853 tonnes will be under the free trade agreement, according to the draft…...
India to get 1.64 million-tonne EU steel quota; 6.95 lakh tonnes under FTA
1+ day, 4+ hour ago (591+ words) India will get country-specific tariff-rate quotas (TRQs) totalling 1.64 million tonnes annually for exporting steel products to the European Union, of which 6,94,853 tonnes will be under the free trade agreement, according to the draft text of the pact released by the…...
Steel shipments to the US fell by 3.7% m/m in July
4+ day, 6+ hour ago (181+ words) News Global Market steel production Print 61 10 September 2026 In July 2026, US steelworks shipped 8.22 million short tonnes of steel. This is 3.7% less than in June, according to a report by the American Iron and Steel Institute (AISI). Compared with July 2025, the figure…...
SSAB???s Lule?? steel transformation project takes new step
4+ day, 23+ hour ago (86+ words) Vattenfall Eldistribution has received a concession to build and operate two new 170 kV lines that will connect SSAB’s new steel plant in Luleå to the electricity grid. The approximately 11-kilometre lines are scheduled to be constructed from 2027 and are expected…...
EUROFER urges EU to safeguard steel competitiveness during green transition
5+ day, 4+ hour ago (319+ words) The European Steel Association (EUROFER) has called for measures to ensure that the decarbonization of the European steel industry supports the sector's competitiveness and maintains production, investment and employment in Europe. EUROFER made the statement following a meeting at the…...
CN-Voestalpine Turnout Supply Deal for New Thorold Plant - News and Statistics
5+ day, 22+ hour ago (179+ words) Canadian National has entered into a long-term supply agreement with Voestalpine for turnouts that will be manufactured at a new facility under construction in Thorold, Ontario, according to a report from Railway Gazette. Voestalpine Railway Systems, which operates 14 sites across…...
ArcelorMittal's Green Steel Faces Make-or-Break Price Test
1+ week, 9+ hour ago (626+ words) ArcelorMittal's Sestao plant sells steel with 65% lower carbon, but green premiums of EUR 50 to 100 a tonne are collapsing as buyers refuse to pay up. At Sestao in Spain's Basque country, ArcelorMittal runs what it calls the world's first full-scale zero-carbon…...
To steel or not to steel: The sequel
1+ week, 1+ day ago (1889+ words) Edwin Bennett, CEO of Pinnacle Steel and Vanadium Corporation, addressing the launch of Ibis Steel Company at Point Lisas, on August 10. As details emerge regarding the proposed Ibis Steel Plant in Trinidad and Tobago,…...
NMDC Steel: Achieves Profitability in FY26
1+ week, 1+ day ago (329+ words) InvestyWise NMDC Steel: Reports Profitability in FY26 with Revenue Up 60% NMDC Steel Limited has reported a significant financial turnaround in FY 2025-26, achieving profitability and a 60% increase in revenue to ₹13,641.81 crore. The company also saw a substantial ramp-up in production, with Hot…...
Steelmakers squeezed by higher costs, weak demand
1+ week, 4+ day ago (602+ words) Local steelmakers are facing higher production costs just as construction demand remains weak, forcing mills to offer discounts to keep sales moving. The price of 60-grade mild steel (MS) rod, widely used in construction, has risen to Tk 92,500-Tk 94,500 per…...