China reduced its output by 3% year-on-year over the period Global pig iron production in January–September 2026 fell by 2.2% year-on-year – to 1.02 billion tonnes. This is evidenced by data from the World Steel Association (worldsteel), as reported by Ukrmetalurgprom. Blast furnaces produced 929.56 million tonnes in January–September, while the direct reduction method produced 91.15 million tonnes. The largest pig iron producing countries over the 9 months were: China – 628.44 million tonnes (-3% y/y); India – 119.22 million tonnes (+3.7%); Japan – 43.84 million tonnes (-0.2%); Russia – 42.38 million tonnes (-3.6%); South Korea – 33.15 million tonnes (+1.6%). In January–September, Ukraine ranked 15th among 40 pig iron producing countries – 4.46 million tonnes (-22.9% y/y). As a reminder, in 9 m...

To solve the problem, UK Steel proposes compensation for energy-intensive enterprises In the 2026/27 financial year, UK steelmakers will pay significantly more for electricity than their competitors in the EU and other countries, which threatens the sector’s competitiveness. This was reported by Eurometal, citing a statement from the industry association UK Steel. According to the UK Steel report, the forecast electricity cost for British steelmakers will be £91/MWh. By comparison, this figure is estimated at £61/MWh in France and £79/MWh in Germany. In addition, UK prices are expected to be 125% higher than in the Canadian province of Alberta, 68% higher than in Vietnam and 71% higher than in Turkey. The price gap with France alone will add £66 million in additional costs for British companies in 2026/27. Acc...

The company plans to receive such volumes annually European special steel producer Swiss Steel Group has signed an agreement on a potential long-term strategic partnership with Canada Nickel Company for the supply of low-carbon semi-finished steel products from Canada. This was reported by SteelOrbis. The agreement aims to combine Canada’s mineral resources and renewable energy with Swiss Steel Group’s production capacities and its European customer network. Under the partnership, the Swiss group expects to gain exclusive access to around 1 million tonnes of low-carbon steel billets (including blooms and billets) per year starting in 2030 for further processing at its plants. Swiss Steel Group CEO Frank Koch noted that this cooperation will support the company’s strategy of optimizing its production structure and provide flexible ac...