India's iron ore advantage is shifting from securing sufficient volumes to securing higher-quality ore, as the country plans a major expansion in steelmaking capacity while reducing emissions and reliance on coking…
New Zealand Steel has produced its first commercial steel from a new electric arc furnace (EAF) at its Glenbrook steelworks, marking a major step in the transition to lower-carbon steelmaking. The new EAF, commissioned…
A Russian missile strike on August 11 damaged energy facilities and infrastructure at Metinvest's enterprises in Zaporizhzhia, forcing steel production at the Zaporizhstal plant to a complete halt. Metinvest said the…
Turkish pipe producer Borusan Pipe reported stronger financial results in the first half of 2026, supported by higher project deliveries, improved operational efficiency and disciplined cost management. Sales volume…
Egypt's Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous cast billets, with a combined capacity of 2.8 mln tons per year, as part of efforts to increase domestic…
JSW Steel's consolidated crude steel production increased 3pct YoY to 2.402 mln tons in July 2026 from 2.327 mln tons a year earlier, according to the company's latest production update. Indian operations produced 2.339…
South Korea's KG Steel has contracted Primetals Technologies to modernize its pickling line tandem cold mill (PLTCM) at the company's Dangjin plant. The 18-month project will involve a comprehensive upgrade of the…
South Korea's Hyundai Steel has signed an agreement with global classification and certification body DNV to develop technologies and an international certification system for steel used in the transportation and…
Russia's Magnitogorsk Iron and Steel Works (MMK) has recommissioned Blast Furnace No. 7 following a major overhaul costing RUB 4.8 bln (USD 58.3 mln). The overhaul lasted about a year, with the furnace now reaching its…
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales and improved operating performance following the…
Pakistan's Frontier Foundry Steel Limited (FF Steel) has formally launched its Initial Public Offering (IPO) process, marking the company's planned debut on the Pakistan Stock Exchange (PSX). The company has appointed a…
Taiwan's China Steel Corporation (CSC) has left domestic prices for all steel products unchanged for September 2026 deliveries, citing signs of stabilization in international steel markets despite continued uncertainty…
Japan's Nippon Steel has commissioned a new hot strip mill at its Nagoya Works, significantly strengthening its production capability for advanced flat steel products, including ultra-high tensile strength (UHSS) steel…
Saudi Steel Pipe Company (SSP) reported lower revenue and net profit in the first half of 2026, mainly reflecting lower sales volumes, an expected credit loss and the impact of a one-off gain recorded in the comparable…
Saudi Arabia's Al Yamamah Steel Industries reported a sharp increase in net profit for the nine months ended June 30, 2026, supported by higher sales in its electricity segment and lower costs across its electricity and…
Turkey's Kocaer Celik received steel profile orders worth USD 61.39 mln in July 2026, according to the company's stock exchange filing. The orders were mainly for export markets as well as the domestic market. Kocaer…
Steel Authority of India Limited (SAIL) has commissioned its first micro pellet plant at Rourkela Steel Plant (RSP), supporting greater recycling of steelmaking waste and improved raw material efficiency. The new…
Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition from cheaper imported material. Formosa reduced its latest…
TK Accelis Processing Europe has ramped up its expanded steel processing facility in Stuttgart, Germany, following the commissioning of a new high-performance slitting and packaging line. The company said the new…
Turkey's Kocaer Celik reported a 19pct YoY increase in net profit in the first half of 2026, supported by an improved product mix and higher margins despite a decline in sales revenue. The company's net profit…