JSW Steel halts Mongolia coal sourcing plans *JSW Steel Ltd.* has *paused its plans* to source *coking coal from Mongolia* due to significant *transportation challenges*, according to joint managing director *Jayant Acharya*. “Mongolia was bein...
Man Industries India Secures $193 Million Export Order *Man Industries (India) Ltd.* has secured a *$193 million export contract* for various types of *coated steel pipes* to be delivered over the next *six months*, the company announced. With this deal,...
India’s Passenger Car Sales Down 7.3% in August India’s *passenger car sales* dropped *7.3% year-on-year* in *August 2025* as buyers *delayed purchases* due to uncertainty over *tax reforms*, particularly *GST changes*. Demand was weakest in entry...
Stahl Gerlafingen Upgrades Wire Rod Mill, Reaches 600,000 t/yr Capacity Swiss steelmaker *Stahl Gerlafingen* has completed the *modernization of its wire rod mill*, now capable of producing *600,000 tonnes per year*. The upgrade improves *automation and production stabil...
Indian Passenger Car Sales Fall 7.3% in August Amid Tax Uncertainty India’s *passenger car sales* dropped *7.3% year-on-year* in *August 2025*, as buyers delayed purchases due to *uncertainty over upcoming tax reforms*. Major automakers, including *Maruti Suzuki, Tat...
Salzgitter Starts €30M Scrap Shredder Project to Support Green Steel On *September 1, 2025*, Germany’s *Salzgitter AG* broke ground on a new *€30 million scrap shredder facility* as part of its *SALCOS® low-CO₂ steelmaking program*. The plant will help process high-qu...
Baosteel Raises Export Share to 12%, Eyes Overseas Plate Expansion Chinese steelmaker *Baosteel*, part of *China Baowu Steel Group*, has lifted its *export share to 12%* thanks to rising international demand. The company is focusing on *steel plate products*, widely...
India Faces Trade Blow with 50% U.S. Tariff Shock The U.S. has activated a *50% tariff* on Indian goods starting *August 27, 2025*, a sharp escalation from the previous 25% level. The increase compounds economic pressures following failed trade negot...
Borusan Berg Pipe Enters Talks for $550 M U.S. Pipeline Deal Turkish steel-pipe producer *Borusan Holding* announced that its U.S. subsidiary, *Borusan Berg Pipe*, has begun negotiations on a *$550 million sales agreement* to supply large-diameter pipes for a p...
SAIL Supplies 8,000 Tonnes of Special Steel for Two Indian Navy Frigates The *Steel Authority of India Limited (SAIL)* delivered around *8,000 tonnes of critical-grade steel* for the construction of two frontline stealth frigates of the Indian Navy – *INS Udaygiri* and *IN...
Mexico Proposes North American Steel Committee to Curb Asian Imports Mexico is proposing the re-establishment of a *North American Steel Committee*, involving trade officials and industry representatives from Mexico and the U.S., with the possible inclusion of Canada l...
Industrial Confidence in Brazil Slips to 2025 Low in August Brazil’s Industrial Entrepreneur Confidence Index (ICEI) dropped to *46.1 points in August*, marking the *lowest level in 2025* and a *1.2‑point decline* month‑on‑month. The continuous slide reflects ...
