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News
Moeve and ArcelorMittal are joining forces to decarbonise the steel industry
2+ day, 19+ hour ago (312+ words) News Technologies декарбонізація Print 422 10 September 2026 Energy company Moeve and steel giant ArcelorMittal have announced the creation of a joint innovation platform on a 50/50 partnership basis. This was reported by Fuelcellsworks. The project, carried out as part of the Green Molecules…...
Imports of iron ore and pellets into India have reached an 11-year high – BigMint
2+ day, 22+ hour ago (266+ words) News Global Market India Print 119 10 September 2026 In August 2026, imports of iron ore and pellets into India rose to 2.22 million tonnes, the highest figure in the last 11 years. This was reported by BigMint. The key factors behind the sharp rise in…...
POSCO is investing $359 million in the construction of a new automotive steel plant
3+ day, 20+ hour ago (206+ words) News Global Market POSCO Print 88 09 September 2026 South Korean steel giant POSCO is investing 480 billion won ($359 million) in the construction of a new production facility for automotive steel. This is reported by SteelRadar. Construction of the facility is scheduled for completion…...
Thyssenkrupp is shutting down blast furnace No. 2 in Duisburg for maintenance
1+ week, 4+ day ago (265+ words) News Companies Thyssenkrupp Print 485 01 September 2026 The German steel manufacturer Thyssenkrupp Steel has announced a scheduled shutdown of blast furnace No. 2 at its Duisburg plant to carry out partial repairs. This is stated in the company’s press release. The repair work…...
Indian steelmakers to remain profitable despite rising costs – forecast
1+ mon, 2+ day ago (346+ words) News Global Market India Print 411 25 August 2026 Indian steel companies are set to maintain their operating profitability for the 2027 financial year at 10,500–11,000 rupees ($110–115.5) per tonne, despite rising production costs. This is reported by Kallanish, citing a report by the rating agency…...
China is stepping up decarbonisation efforts in the steel industry as part of its 15th five-year plan
1+ mon, 6+ day ago (205+ words) News Global Market China Print 182 20 August 2026 The Ministry of Industry and Information Technology of the People’s Republic of China (MIIT) has published its 15th five-year plan for ‘green’ and low-carbon industrial development. The main objective of the document is to ensure…...
JSW Steel increased steel output by 3% y/y in July
1+ mon, 18+ hour ago (97+ words) News Companies JSW Steel Print 318 12 August 2026 India’s JSW Steel increased its consolidated steel output by 3% year-on-year in July this year, to 2.4 million tonnes, according to SMM. Production volumes at Indian plants rose by 4% year-on-year during the period – to 2.34 million tonnes,…...
India saw a 44.1% y/y increase in rolled steel exports in July
1+ mon, 2+ day ago (222+ words) In July, India increased its rolled steel exports by 44.1% y/y – to 699,000 tonnes, according to The Hindu Business Line, citing data from the Ministry of Steel. Steel imports into the country for the period rose by 9.5% compared with July 2025, reaching…...
DMZ produced 5.5 thousand tonnes of steel products in July
1+ mon, 6+ day ago (282+ words) News Companies DCH Steel Print 235 06 August 2026 As part of its July rolling campaign, the Dnipro Metallurgical Plant (DMZ) produced 5.5 thousand tonnes of steel products at Rolling Mill No. 2 (RM-2). This was reported by the corporate newspaper DCH Steel. The range…...
“Green” steel: the market starts with demand
1+ mon, 1+ week ago (243+ words) Consider the questions a buyer may ask when seeking low-carbon steel to meet Scope 3 emissions reduction targets: Pricing and supply volumes of “green” steel are the central issues. While producers are aiming to secure a “green” premium, it is far…...