SMM reported on March 28 that from March 24-28, 2025, the cost and prices of 304 stainless steel cold-rolled coils rose simultaneously, but the profit margin improved only slightly. Cost side, the ...

Larsen and Toubro (L&T) announced plans to establish a pellet and direct reduction of iron (DRI) plant in the MENA region, following a significant order from a prominent steel manufacturer. The ...