News Center
-
Around 70% of orders currently relate to the protection of critical infrastructure Apparent consumption of steel structures in Ukraine in 2026 could rise by 10% compared with 2025 — to 117,000 tonnes. This was reported by UAprom, citing a statement made by Anna Gontarenko, Executive Director of the Ukrainian Centre for Steel Construction (UCSC), during her speech at the Coatings-UA for industries 2026 conference. “If we look at the consumption of rolled steel products in the first half of the year, these forecasts are proving accurate, as we are seeing growth of 10–12% compared with the first half of 2025,” said Anna Gontarenko. For example, in January–June 2025, the market capacity for steel structures stood at 38.6 thousand tonnes, whilst in the first six months of 2026 it rose to 44.4 thousand tonnes. In 2026, fl...
-
The company is also restructuring Deutsche Edelstahlwerke The Swiss steel group Swiss Steel Group has announced plans to restructure its German subsidiary, Deutsche Edelstahlwerke (DEW). This is reported by SteelOrbis. As part of the restructuring, the plant in Witten will become the main centre for the production of structural, stainless and tool steel. Thanks to the consolidation of steelmaking capacity, the electric arc furnaces and continuous casting lines in Witten will operate at near full capacity. This will enable the company to focus on highly profitable markets, including civil aviation and the defence industry, and reduce its dependence on the automotive sector. At the same time, steelmaking operations in Siegen will be temporarily suspended, although the rolling mill will remain part of the network. Due to falling sales volumes (more than ha...
-
The first products are expected to be produced in 2030 US President Donald Trump has announced plans by Mesabi Metallics to build a steelworks in Iowa with an investment of $15 billion. This is reported by Reuters. The new complex will be fully vertically integrated: iron ore from the new Mesabi mine in Nashwak, Minnesota, will be used to produce steel in Iowa. The first phase of the project envisages an annual output of 7.5 million tonnes of steel, with capacity subsequently increasing to 10 million tonnes. The White House has already described this facility as the largest steelworks in US history. According to the White House, the project will create at least 1,750 permanent jobs, as well as up to 6,000 temporary jobs during the construction phase. The total economic impact of the first phase, covering the construction period and the first 10 years o...
-
It is expected that, over the same period, demand for iron ore in the country will rise to 772 million tonnes The Indian Government has drawn up a new national strategy for the development of the steel industry, which envisages expanding the country’s production capacity to 600 million tonnes per year by 2047. The document is due to be officially published shortly. This was reported by Reuters, citing Sandip Poundrik, Secretary of the Indian Ministry of Steel. At the end of the 2025/2026 financial year, India’s steel production capacity stood at 220 million tonnes. The new strategy aims to meet growing domestic demand, mitigate the risks associated with decarbonisation and ensure the sector’s independence in terms of raw materials. The project aims to reduce average carbon intensity from the current 2.54 tonnes of CO₂ to 1.54 tonnes per ton...





