US Steel Exports Edge Down 0.6% in May 2026 US steel exports recorded a slight decline in *May 2026*, reflecting softer overseas shipments despite continued demand from key export markets. According to the latest trade data, US steel exports to...
SAIL Awards MECON Consultancy Contract for Steel Plant Expansion State-owned steelmaker *Steel Authority of India Limited (SAIL)* has awarded *MECON Limited* a consultancy services contract to support a major expansion project at one of its integrated steel plants....
Henan Jiyuan Orders Four-Strand Bloom Caster from Danieli China’s *Henan Jiyuan Iron & Steel* has awarded Danieli a contract to supply a new *four-strand continuous casting machine* at its plant in Henan province. The caster will feature an *18.5-meter radiu...
Low Rhine Levels Force Thyssenkrupp Steel to Reduce Blast Furnace Output Low water levels on Germany’s Rhine River are disrupting raw material deliveries and increasing transport costs for *Thyssenkrupp Steel’s Duisburg plant*. The company has *slightly reduced blast furna...
Brazilian Pig Iron Producers Hope for Exemption from New US Tariffs Brazil's pig iron industry is seeking an exemption from the new US import tariffs expected to take effect under Section 301, arguing that the product plays a strategic role in the US steel supply chai...
India Plans $529 Million Program to Cut Steel Industry Emissions ** ** India's Ministry of Steel is preparing a *$529 million (Rs 5,000 crore)* incentive program to help steel producers reduce carbon emissions and accelerate the adoption of cleaner production techn...
Ukraine Sees Current EU Steel Quota Agreement as First Step Toward Better Market Access ** ** Ukraine has described its current agreement with the European Union on steel import quotas as a *starting point rather than a final solution*, signaling that further negotiations will be needed ...
Metinvest Secures €20 Million to Boost Renewable Energy and Energy Resilience Ukrainian steelmaker *Metinvest Group* has secured *€20 million* in long-term financing from the *Black Sea Trade and Development Bank (BSTDB)* to strengthen energy resilience and accelerate renewable...
BHP, Rio Tinto and Caterpillar Launch Battery-Electric Haul Truck Trial in Australia Mining giants *BHP* and *Rio Tinto* have joined forces with *Caterpillar* to launch an industry-first trial of *battery-electric haul trucks* at BHP's *Jimblebar iron ore mine* in Western Australia's ...
Chinese Steel Enterprises Return to Profit with RMB 18.17 Billion in January-May 2026 ** ** China's ferrous metal smelting and rolling industry returned to profitability during the first five months of 2026, recording a *gross profit of RMB 18.17 billion*, according to the latest data ...
Vietnam's Steel Output and Sales Increase in January-May 2026 ** ** Vietnam's steel industry recorded higher production and sales during the first five months of 2026, supported by recovering domestic demand and stronger performance in several key product segmen...
CRISIL Revises VPTL's Rating Outlook to Positive on Strong Business Growth ** ** *CRISIL Ratings* has revised the outlook on the long-term bank facilities of *Venus Pipes and Tubes Limited (VPTL)* to *Positive* from *Stable*, while reaffirming its *'CRISIL A'* long-term rati...
