NeoSmelt Consortium Secures Funding for Australia's Largest Low-Carbon Ironmaking Pilot In a major push toward decarbonizing the steel industry, *NeoSmelt*, a consortium formed by industry giants *BlueScope, Rio Tinto, and BHP*, has received a *A$19.8 million funding boost from the Austr...
India Expands Steel Import Restrictions, Raising Alarm Over Supply Chain Disruptions In a move that has sent shockwaves across the steel industry, *India's Ministry of Steel has widened import restrictions* on steel and steel-related products, sparking concerns over *supply chain disr...
Algeria and Malaysia Forge $8 Billion Steel and Mining Partnership In a major development for North Africa’s industrial sector, *Algeria’s state-owned mining company Sonarem* has signed a *memorandum of understanding* with *Malaysia’s Lion Group* to collaborate on *m...
Indian Steel and Mining Giants Compete for Coal Blocks in Latest Government Auction Major Indian steel and mining companies, including *Jindal Steel and Power Limited (JSPL), Sunflag Iron & Steel, Orissa Metallurgical, MSP Mines and Minerals, Orissa Alloy Steel, and Amalgam Steel & P...
Trump Greenlights US Steel–Nippon Steel Partnership, Paving Way for $14 Billion Investment and 100,000 Jobs In a major development for the U.S. steel industry, *President Donald Trump has officially approved the partnership between United States Steel (US Steel) and Japan’s Nippon Steel* via *executive orde...
Tokyo Steel Invests in In-House Dust Recycling System to Achieve Zero Emissions at Utsunomiya Plant *Tokyo Steel Corporation* has signed a deal with Japanese plantmaker *Chugai Ro* to install an advanced *electric furnace dust recycling system* at its *Utsunomiya Plant*, aiming to achieve *factory-l...
Tubos Reunidos Secures €26 Million Deal to Supply Seamless Pipes to India’s Expanding Energy Sector Spanish steel tube manufacturer *Tubos Reunidos* has secured a major contract to supply *high-performance seamless steel pipes* to *India’s state-owned power equipment giant, Bharat Heavy Electricals ...
Severstal Launches RUB 1.4 Billion Upgrade of Furnace No. 1 to Boost High-Strength Steel Output *Severstal*, one of Russia’s leading steel producers, has *begun a major reconstruction of furnace No. 1* at its *CherMK plant*, aiming to *enhance production capacity for thick-sheet and high-strengt...
Liberty Galați Restarts Blast Furnace After Week-Long Malfunction *Liberty Galați*, Romania’s only flat steel producer, has *successfully restarted blast furnace No. 5* just one week after a *technical malfunction temporarily halted operations*. The furnace, which i...
Tata Steel Targets 15 Million MT Annual Output via Recycling in Next 10–15 Years *Tata Steel Limited* is intensifying its shift toward *low-carbon steelmaking*, with plans to produce *10–15 million metric tons (mt) of steel annually through recycling* methods within the next *10–1...
China’s First-Tier New Home Prices Dip 0.2% in May, Broader Market Weakness Persists China’s housing market continued to show signs of weakness in May, with *new home prices in first-tier cities falling by 0.2% month-on-month*, according to the *National Bureau of Statistics (NBS)*. ...
China’s Daily Crude Steel Output Rises 3.2% in Early June, Inventories Also Climb The *China Iron and Steel Association (CISA)* reported a notable increase in steel production among its member mills during the first ten days of June. From *June 1 to June 10*, the *average daily cr...
