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RenewablesRenewable energy demand aggregation could cut power costs for India’s steel MSMEs by up to 34%, improving competitiveness and supporting green steel production.
RenewablesTurkey’s Ekinciler plans a TRY 2.3 billion public offering to fund working capital, renewable energy, rolling mill modernization and steel capacity expansion.
RenewablesJogindra Group will invest ₹1,100 crore in Punjab across steel and renewable energy, boosting capacity, jobs, and industrial growth in Mandi Gobindgarh.
RenewablesPhillipCapital says Iran war-led volatility may be a buying opportunity. Top picks include L&T, Tata Steel, HAL, BEL, UltraTech, and more. Key sectors: capital goods, defence, metals, autos, cement.
RenewablesResearchers from Durgapur, Asansol and leading IITs join CSIRO in Australia under IAMSN, advancing hydrogen-based steelmaking, AI metallurgy and low-carbon pathways to scale green steel innovation.
RenewablesSteel shares rose up to ~5% after India announced a three-year safeguard duty on select steel imports. The levy starts at 12% and tapers to 11% by year three, aimed at curbing cheap inflows.
RenewablesMelting scrap prices at Alang moved up ₹300/t on thinner yard arrivals and steady buying from secondary mills, keeping scrap–rebar and scrap–ingot spreads broadly balanced.
RenewablesGerman steel association WVStahl warns that Berlin’s planned €0.05/kWh industrial power price excludes steel, leaving EAF mills exposed to high costs and slowing the sector’s green transition.
RenewablesSouth Korea announces steel restructuring: ₩400bn guarantees, ₩150bn derivatives, mill test certificates, ₩200bn R&D; AI and hydrogen-based transition.
RenewablesThe National Green Tribunal has issued notices to a Jharsuguda-based steel plant over alleged illegal encroachment and environmental violations, seeking reports from the OSPCB and district authorities.
RenewablesSeaspan signs MoU with Algoma Steel and Stigterstaal to source Canadian steel for the Polar Icebreaker, strengthening Canada’s shipbuilding and industrial base.
RenewablesIndia's steelmakers are expected to post stronger Q1 FY26 profits, aided by higher domestic steel prices and falling coking coal costs despite lower sales volumes.
