Shougang Jingtang invests in new galvanizing line from SMS Group China’s *Shougang Jingtang* has signed a contract with *Germany’s SMS Group* to build a *continuous galvanizing line (CGL)* at its *Caofeidian site*, with startup scheduled for *mid-2027*. The line w...
JSW Steel halts Mongolia coal sourcing plans *JSW Steel Ltd.* has *paused its plans* to source *coking coal from Mongolia* due to significant *transportation challenges*, according to joint managing director *Jayant Acharya*. “Mongolia was bein...
Man Industries India Secures $193 Million Export Order *Man Industries (India) Ltd.* has secured a *$193 million export contract* for various types of *coated steel pipes* to be delivered over the next *six months*, the company announced. With this deal,...
India’s Passenger Car Sales Down 7.3% in August India’s *passenger car sales* dropped *7.3% year-on-year* in *August 2025* as buyers *delayed purchases* due to uncertainty over *tax reforms*, particularly *GST changes*. Demand was weakest in entry...
Stahl Gerlafingen Upgrades Wire Rod Mill, Reaches 600,000 t/yr Capacity Swiss steelmaker *Stahl Gerlafingen* has completed the *modernization of its wire rod mill*, now capable of producing *600,000 tonnes per year*. The upgrade improves *automation and production stabil...
Indian Passenger Car Sales Fall 7.3% in August Amid Tax Uncertainty India’s *passenger car sales* dropped *7.3% year-on-year* in *August 2025*, as buyers delayed purchases due to *uncertainty over upcoming tax reforms*. Major automakers, including *Maruti Suzuki, Tat...
Salzgitter Starts €30M Scrap Shredder Project to Support Green Steel On *September 1, 2025*, Germany’s *Salzgitter AG* broke ground on a new *€30 million scrap shredder facility* as part of its *SALCOS® low-CO₂ steelmaking program*. The plant will help process high-qu...
Baosteel Raises Export Share to 12%, Eyes Overseas Plate Expansion Chinese steelmaker *Baosteel*, part of *China Baowu Steel Group*, has lifted its *export share to 12%* thanks to rising international demand. The company is focusing on *steel plate products*, widely...
India Faces Trade Blow with 50% U.S. Tariff Shock The U.S. has activated a *50% tariff* on Indian goods starting *August 27, 2025*, a sharp escalation from the previous 25% level. The increase compounds economic pressures following failed trade negot...
Borusan Berg Pipe Enters Talks for $550 M U.S. Pipeline Deal Turkish steel-pipe producer *Borusan Holding* announced that its U.S. subsidiary, *Borusan Berg Pipe*, has begun negotiations on a *$550 million sales agreement* to supply large-diameter pipes for a p...
SAIL Supplies 8,000 Tonnes of Special Steel for Two Indian Navy Frigates The *Steel Authority of India Limited (SAIL)* delivered around *8,000 tonnes of critical-grade steel* for the construction of two frontline stealth frigates of the Indian Navy – *INS Udaygiri* and *IN...
Mexico Proposes North American Steel Committee to Curb Asian Imports Mexico is proposing the re-establishment of a *North American Steel Committee*, involving trade officials and industry representatives from Mexico and the U.S., with the possible inclusion of Canada l...
