News

Asian steel markets anticipate stiffer export competition and price pressures in Q1 2026 due to policy uncertainties including EU CBAM and China's export licensing.

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SMS group has successfully upgraded the Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's hot strip mill No. 1 in Duisburg, Germany, enhancing operational consistency and digital readiness.

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Hertha Metals is expanding its innovative natural gas-powered steelmaking technology from a Houston pilot plant, promising 25% cost savings and lower emissions for American producers.

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Chinese steel rebar futures dropped below CNY 3,050 per ton to an eight-week low as mills implement seasonal shutdowns for maintenance ahead of extended Lunar New Year holidays.

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ArcelorMittal has finalized its €1.3 billion commitment to build Europe's largest electric arc furnace at its Dunkirk plant, enabling coal-free steel production starting in 2029 amid supportive EU trade measures.

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Nucor enters 2026 with record steel mill order backlogs up 40% year-over-year, fueled by tariffs curbing imports and robust demand from infrastructure and energy sectors.

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Vietnam's crude steel production reached 24.7 million tons in 2025, a five-year high, with VSA projecting 8-10% growth in 2026 amid green transition challenges and trade defenses.

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U.S. domestic raw steel production reached 1,783,000 net tons in the week ending February 7, 2026, marking a 4.9% year-on-year increase and 1.4% week-on-week gain with 77.1% utilization.

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Fastmarkets has shifted the publication time of its iron ore 61% Fe fines indices to 6:30pm Shanghai time to better reflect liquidity in China's mainstream mid-grade fines spot market.

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SMS group has completed a key automation upgrade for the downcoilers at Thyssenkrupp Steel Europe's Hot Strip Mill No. 1 in Duisburg, Germany, enhancing operational consistency and digital readiness.

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