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InternationalChina steel rebar futures fall toward CNY 3,060 per tonne as mill profitability drops to 8%, while high coke costs and weak margins pressure the steel market.
InternationalMagIron plans 2 million tonnes of annual US merchant pig iron production, potentially meeting up to half of domestic demand and reducing import dependence.
InternationalGermany’s crude steel output fell 2% year-on-year to below 2.7 million tonnes in July 2026 as weak demand, high energy costs and global competition pressure the steel sector.
InternationalMoselstahlwerk offers its 560,000 MT EAF steelmaking facility in Trier for sale, targeting steel producers and investors across India, Asia, Middle East and global markets.
InternationalBaowu Steel is considering a 15–25% stake in BHP’s Jimblebar iron ore mine in Australia, potentially strengthening access to key iron ore supplies.
InternationalUS Steel restarts Blast Furnace No. 14 at Gary Works after a $350 million reline, boosting long-term ironmaking capacity, reliability and US steel production.
InternationalHoa Phat Dung Quat records 1 million tonnes of monthly hot metal output in August 2026, driven by optimized blast furnaces, automation and improved steel production efficiency.
InternationalSalzgitter commissions a new hot straightening machine at Mülheim, boosting heavy plate production for offshore wind, energy infrastructure and high-strength steel applications.
InternationalDalian iron ore futures decline for a third session as widening losses at Chinese steel mills weaken raw material demand and pressure market sentiment.
ChinaSteel rebar futures rise above CNY 3,140 per tonne as China’s seasonal construction demand and infrastructure activity boost the steel market outlook.
ChinaChina’s manufacturing steel demand is forecast to rise 3.3% to 344 million tonnes in 2026, supported by exports, automotive, engineering and shipbuilding growth.
AustraliaFenix Resources records 83% growth in FY 2025-26 iron ore shipments to 4.4 million tonnes as revenue rises and the Australian miner advances major expansion plans.
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