Keywords: Steel


Lamacom launches Trineo, a Morocco-made cookware line built on triple-layer steel

A flagship product rooted in local heritage Morocco's kitchenware industry has a new contender. Lamacom, one of the country's most established household goods manufacturers with more than four decades in the sector, has launched Trineo, an exclusive cookware range designed and produced entirely......

India-UK trade deal faces steel dispute before implementation

India’s long-awaited free trade agreement with the United Kingdom has encountered new challenges ahead of its expected implementation, following recent British measures aimed at tightening steel import regulations. Indian Trade Secretary Rajesh Agrawal stated that both countries are close to finalizing......

India's JSW Steel reports sharp profit surge on strong demand and price recovery

India’s JSW Steel reported a significant increase in quarterly profit, more than doubling compared to the same period last year, supported by recovering steel prices and strong market demand. The Mumbai-based steel producer benefited from improved pricing conditions in the global steel market,......

Thyssenkrupp pauses steel unit sale talks with Jindal

Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......

Severstal reports an almost 100% plunge in first-quarter net profit

Russian steel producer Severstal has reported a dramatic decline in profitability for the first quarter of 2026, with net profit falling to just 57 million roubles compared to 21.1 billion roubles during the same period in 2025. The company attributed this sharp decrease mainly to weaker domestic steel......

China eases BHP iron ore curbs after months long trade dispute

China has lifted restrictions on some iron ore purchases from BHP, signaling a shift in a trade dispute that had disrupted global supply chains for months and unsettled commodity markets. A state-backed buyer, China Mineral Resources Group, informed steel producers they could resume bidding on selected......

Sonasid reports strong growth in 2025 with rising profits and dividend proposal

Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......

Gas shortages threaten operations at JSW steel plants in India

Operations at several facilities belonging to the Indian steel giant JSW Steel are facing disruptions as growing gas shortages begin to affect industrial production across India. According to industry reports, limited supplies of natural gas have begun to impact the company’s steel processing......

Australia and India test rice husk waste to produce low carbon steel

Researchers from Australia and India have completed what they describe as the world’s first commercial scale trial using agricultural waste to partially replace coal in steel production, offering a potential pathway to reduce emissions in one of the most carbon intensive industries. The trial,......