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Steel

Iran-linked hacker group claims cyberattack on Saudi, Bahraini steel firms

The Iran-linked Handala hacker group has claimed it penetrated the computer systems of two major steel companies in the Arab world, causing what it described as a complete disruption of operations.

14 Apr 2026-11:21
Netanyahu claims 70% of Iran steel capacity destroyed

Israeli Prime Minister Benjamin Netanyahu has claimed that around 70% of Iran’s steel production capacity has been destroyed following combined US–Israeli air strikes on Iranian infrastructure.

03 Apr 2026-17:56
Second strike hits Iran’s largest steel plant amid escalating attacks on industry

Isfahan’s Mobarakeh Steel Company says it has been attacked for a second time in what it described as US-Israeli aggression.

01 Apr 2026-15:33
US-Israeli airstrike disrupts operations at Iran's steel company

Production at a significant steel factory in Iran has been suspended due to US-Israeli strikes, according to Iranian media reports.

28 Mar 2026-15:26
Morgan Stanley upgrades Thyssenkrupp outlook

Morgan Stanley has upgraded Thyssenkrupp AG to equal weight from underweight, while trimming its price target to 8.30 euros from 8.70 euros after a sharp decline in the company’s share price this year.

24 Mar 2026-15:29
Hyundai Steel profit plunges on demand downturn

Hyundai Steel, South Korea’s second-largest steel producer, said on Friday that its net profit plunged 84 percent in 2025 from a year earlier, hurt by a prolonged downturn in the construction sector and rising global protectionism.

30 Jan 2026-11:56
Metal stocks tumble 3.5%; HZL, Hindustan Copper lead fall

Metal stocks fell sharply on Thursday, January 8, with the NIFTY METAL index dropping 3.46% to 11,124.70. All 15 constituents traded in the red, led by Hindustan Zinc (down 5.75%) and Hindustan Copper (down 4.47%).

08 Jan 2026-11:47
Global crude steel output slips as China pulls back

Global crude steel production declined 4.6% year-on-year to 140.1 million tons in November, driven largely by a 10.9% drop in China, according to data released Tuesday by the World Steel Association.

23 Dec 2025-17:25
Zaporizhstal shuts down after Russia strikes Ukraine power

Zaporizhstal Iron and Steel Works, Ukraine’s largest steel producer, was forced into an emergency shutdown after Russia carried out a massive overnight strike on the country’s energy infrastructure.

23 Dec 2025-16:17
China to require export licences for some steel products

12 Dec 2025-13:51

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