World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.

Egypt¡¯s Al Gioshy Steel announced on Thursday that it has completed the acquisition of Arabian Steel Industries

A new low-carbon ferrochrome project has commenced trial operations at SOHAR Freezone, bolstering Oman¡¯s credentials as a regional ferrochrome production powerhouse.

Sohar Port and Freezone on Sunday signed a land lease agreement with Starsun Sohar (FZC) to establish a recycling plant dedicated to the sustainable management of lead-acid batteries in Sohar Freezone.

Gulf Alloys and Metals (FZC) LLC began a trial run of its 10,000 tpa capacity ferrochrome alloy plant.

Weekly Italian rebar and drawing-quality wire rod assessments softened by €5/t to €600/t ex-works and €660/t delivered.

India's private-sector steelmaker JSW Steel has announced a 13.2mn t/yr greenfield steel manufacturing complex in Paradip, Odisha.

The total trading volume of 2403 contract on the exchange was 86123 lots, with a turnover of about 2857.4746 million yuan.