
MagIron Plans 2 Million Tonne US Merchant Pig Iron Project
MagIron plans 2 million tonnes of annual US merchant pig iron production, potentially meeting up to half of domestic demand and reducing import dependence.

Rising Coking Coal Costs Push Steel Market Toward Price Hikes

Global Steel Producers Slash 32.5Mt CO2e Through Cleaner Production

Germany’s Crude Steel Production Falls 2% in July 2026

Germany’s Moselstahlwerk Offers 560,000 MT Steelmaking Plant for Sale

Steel Exchange India Partners With NMDC for Long-Term Iron Ore Supply
InternationalMagIron plans 2 million tonnes of annual US merchant pig iron production, potentially meeting up to half of domestic demand and reducing import dependence.
IndustrySteel prices may rise as higher coking coal and freight costs combine with stronger construction, infrastructure and manufacturing demand, tightening supply and pressuring mill margins.
IndustryGlobal steel producers avoided over 32.5Mt of CO2e emissions from 2023 to 2025 as scrap use, renewable energy and production efficiency drive steel decarbonisation.
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.
IndustrySteel Exchange India and NMDC sign a four-year MoU for potential long-term supply of 61–63% Fe iron ore fines from NMDC’s Visakhapatnam facility.
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.
IndustryIndia steel prices reach a four-year high as HRC and rebar rates rise on strong demand, supply constraints and high mill utilisation, improving the sector outlook.
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.
IndustryJindal Stainless signs a technical assistance pact with JFE Steel to improve ferritic stainless steel quality, manufacturing efficiency and capabilities for automotive, railway and infrastructure markets.
IndustryCoking coal prices surge 26%, putting steel margins under pressure. Tata Steel, JSW Steel and Jindal Steel remain in focus as brokerages retain positive outlooks and key price targets.
IndustryJSW Steel records 24.65 lakh tonnes of crude steel production in August 2026, up 3% YoY, while Indian operations achieve 88% capacity utilisation.
Raw MaterialGermany urges the EU to end all Russian steel imports, including slabs, by closing sanctions loopholes and supporting EU mills.
EnergyUkraine's Interpipe delivers high-strength steel pipes for the Titlis Tower renovation project in Switzerland, boosting its global infrastructure presence.
Raw MaterialChina’s crude steel output dropped 6.9% in May, dragging iron ore futures lower as weak housing and industrial demand persist despite modest retail strength—signalling global commodity market volatility.
Raw MaterialGPIL Maintains Almost Stable Pellet and Iron Ore Output in FY 2024-25
Large CorporateJindal Steel will double structural steel capacity at Raigarh from 1.2 to 2.4 MTPA by mid-2028, adding a new mill and upgrades.
Large CorporateTaiwan (Chinese Taipei) challenges Canada at the WTO over steel TRQs, surtaxes and duties on steel-derivative goods; consultations run 60 days before a panel can be requested
Large CorporateVibhor Steel Tubes has secured a ₹7.43-crore domestic order from YNM Pan Global Trade to supply W-beam metal crash barriers, strengthening its position in India’s road safety and infrastructure segment.
Large CorporateGermany’s foreign minister will raise rare earth supply security and steel trade concerns during her China visit, seeking fair competition and stable critical-material access.
IndiaTata Steel gets major Supreme Court relief as ₹890.52 crore GST demand and equal penalty are quashed, while fresh proceedings remain possible.
IndiaIndia’s Ministry of Steel will hold a virtual Open House to discuss steel import issues, SIMS procedures, and QCO exemption concerns with industry stakeholders
IndiaIndia’s Steel Ministry seeks removal of anti-dumping duties on metallurgical coke imports amid supply shortages and rising costs for steel manufacturers.
IndiaIndia’s steel ministry pushes to remove anti-dumping duties on low-ash met coke imports as steelmakers face supply shortages and rising input costs.
IndustrySteel prices may rise as higher coking coal and freight costs combine with stronger construction, infrastructure and manufacturing demand, tightening supply and pressuring mill margins.
IndustryGlobal steel producers avoided over 32.5Mt of CO2e emissions from 2023 to 2025 as scrap use, renewable energy and production efficiency drive steel decarbonisation.
IndustrySteel Exchange India and NMDC sign a four-year MoU for potential long-term supply of 61–63% Fe iron ore fines from NMDC’s Visakhapatnam facility.
IndustryIndia steel prices reach a four-year high as HRC and rebar rates rise on strong demand, supply constraints and high mill utilisation, improving the sector outlook.
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.
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