India and EU Target December 2026 for Free Trade Agreement Signing India and the European Union are expected to *formally sign their long-awaited Free Trade Agreement (FTA) in December 2026*, with the agreement scheduled to enter into force between *February and Marc...
SAIL Supplies 5,700 Tons of Defense-Grade Steel for Three Indian Navy Vessels Steel Authority of India Limited (SAIL) has supplied the *entire requirement of 5,700 metric tons of defense-grade steel* used in the construction of three newly commissioned Indian Navy vessels, rein...
Stegra Completes €1.4 Billion Financing for Sweden's Green Steel Plant Swedish green steel producer *Stegra* has successfully completed a *€1.4 billion financing round*, securing the capital needed to continue construction of its hydrogen-based steel plant in *Boden, Swe...
Killi Resources Secures 110 Million-Ton Iron Ore Project in Western Australia Australian mining company *Killi Resources* has secured an *80% interest* in the *Lodestone Iron Ore Project* located in Western Australia's Mid West region, strengthening its position in the country'...
Turkish Metal Producers' Foreign Sales Prices Rise 49.9% in May ** ** Turkey's metal products manufacturing sector recorded a sharp increase in export prices during May 2026, according to the latest data released by the Turkish Statistical Institute (TUIK). The *f...
Primetals to Supply Six-Strand Bloom Caster for WISCO's High-End Steel Production ** ** Primetals Technologies has received an order from *Wuhan Iron and Steel Co. (WISCO)* to supply a new *six-strand bloom caster* at its steelmaking facility in China. The project is part of WISCO'...
US and Canada Rig Count Increases by 10 Units in Week 25 ** ** The combined oil and gas rig count in the United States and Canada increased during Week 25 of 2026, reflecting continued activity in the North American energy sector. According to the latest in...
Brazil's Steel Production and Domestic Sales Increase in May Brazil's steel industry recorded growth in both production and domestic sales in May 2026, reflecting stronger market activity compared to the same period last year. Crude steel production reached *2....
European Parliament Approves EU-US Trade Deal Addressing Steel Tariffs ** ** The European Parliament has approved a trade agreement between the European Union and the United States aimed at reducing trade tensions and providing greater certainty for businesses on both si...
Midrex to Supply 2.5 Million mt/year DRI Plant for US Steel’s Big River Steel Works ** ** Midrex Technologies has been selected to supply a *2.5 million metric tons per year direct reduced iron (DRI) plant* for *US Steel's Big River Steel Works* facility in Osceola, Arkansas. The pro...
US Releases Preliminary AD Review Results on Welded Pipe from South Korea The US Department of Commerce (DOC) has announced the preliminary results of its antidumping (AD) duty administrative review covering welded pipe imports from South Korea. The review examined two majo...
Brazil's HDG Exports and Imports Record Sharp Declines in May Brazil's trade activity for hot-dip galvanized (HDG) steel products weakened significantly in May 2026, with both exports and imports posting substantial declines compared to the previous month. HDG e...