• 09-18 2026
    The company’s transformation involves the commissioning of a 2 million metric tonnes electric arc furnace from 2029 The German steel producer Hüttenwerke Krupp Mannesmann (HKM), which is now a subsidiary of Salzgitter, has announced the decommissioning of coke oven battery No. 2 at its plant in Duisburg. This was reported by SteelOrbis. The shutdown, which took place on 16 September 2026, forms part of the company’s strategy to transition to climate-neutral production. Coke battery No. 2 was commissioned in 1984. Its annual capacity was approximately 1.1 million tonnes of coke. Over the course of 42 years, the facility supplied raw materials to HKM’s blast furnaces, producing nearly 45 million tonnes of coke over its entire service life, which significantly exceeded the originally estimated operational lifespan. The shutdown of th...
  • 09-18 2026
    The unit, with a capacity of 1.6 million tonnes per year, is expected to come on stream in 2030 Slovakia’s largest steel producer — US Steel Košice (USSK) — has approved a large-scale investment programme worth around €900 million. The funds will be channelled into the construction of a new electric arc furnace (EAF) and an air separation unit. This was reported by SteelOrbis. A new electric arc furnace with a capacity of around 1.6 million tonnes per year is expected to come on stream in 2030. It will operate alongside the plant’s existing blast furnaces. This will enable USSK to maintain the reliability of its high-quality steel supplies whilst significantly reducing carbon emissions. The newly commissioned air separation unit will ensure the plant’s stable operation, improve energy efficiency and contribute t...
  • 09-18 2026
    For its part, India had been counting on a 29–35% increase in quotas India has agreed an individual annual quota for steel exports with the European Union. According to the agreed text of the free trade agreement (FTA), the total quota will amount to 1.64 million tonnes per year. Shipments exceeding this limit will be subject to a 50% EU duty.  This is reported by SteelRadar. The total volume of duty-free exports consists of two parts: 946.6 thousand tonnes — the current quota under the Most-Favoured-Nation (WTO) regime; 694.9 thousand tonnes — an additional preferential quota granted under the free trade agreement. The new aggregate quota will cover approximately 68.4% of the total volume of Indian steel exports to the EU, which stood at around 2.4 million tonnes in 2025 (by way of comparison, the WTO base quota covered only ...
  • 09-11 2026
    Over the past 8 months, this figure has fallen by 3% y/y In August this year, China increased its steel exports by 0.3% compared with the previous month, to 10.15 million tonnes. This was reported by the China Iron and Steel Association (CISA). Compared with the same period in 2025, the figure rose by 6.8%. The average price of these exports in August was 722.2 per tonne, which was 0.9% higher than in the previous month. Between January and August, Chinese steelmakers exported 75.15 million tonnes of steel products, down 3% year-on-year. Steel imports into China in August totalled 434,000 tonnes (-2.5% month-on-month and -13.2% year-on-year). Over the first eight months, the figure stood at 3.57 million tonnes (-10.5% year-on-year). Meanwhile, in August, China imported 108.54 million tonnes of iron ore, which was 0.4% more than the previous month and ...
  • 09-11 2026
    Contract negotiations with CMRG have repeatedly proved to be a challenge for the industry’s leading players China’s state-owned iron ore importer, China Mineral Resources Group (CMRG), has advised a number of steelworks to refrain from purchasing the key Pilbara Blend ore from Rio Tinto Group. This was reported by Bloomberg. According to sources familiar with the situation, this is because contract negotiations with the Australian mining giant have reached a critical stage. China’s CMRG, established to strengthen Beijing’s influence over the pricing of key raw materials, has informed companies that negotiations have reached a critical stage and has asked them to refrain from discussing new purchases with Rio Tinto for the time being.  CMRG, a specialised state-owned purchasing agency, was established in 2022 with t...
  • 09-11 2026
    Over the past seven months, the relevant figure has risen by 5.3% In July 2026, US steelworks shipped 8.22 million short tonnes of steel. This is 3.7% less than in June, according to a report by the American Iron and Steel Institute (AISI). Compared with July 2025, the figure rose by 5.4%. In January–July, steel shipments totalled 55.74 million short tonnes. This is 5.3% higher than in the same period last year. Over the past seven months, shipments of corrosion-resistant sheets and strips rose by 13% year-on-year, those of hot-rolled sheet by 8% year-on-year, and those of cold-rolled sheet by 0.1%. It should be noted that in July this year, the United States imported a total of 2.26 million short tonnes of steel. In particular, imports of rolled steel amounted to 1.56 million tonnes. Compared with June 2026, these figures rose by 7....
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