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Mild Steel News Today

Latest Market News Of Mild Steel

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Worldstainless: Global stainless steel production increases y-o-y in Q1-Q3, 2025

Worldstainless: Global stainless steel production increases y-o-y in Q1-Q3, 2025

Global stainless steel production rose 3% to 48.02 million tons in Q1-Q3 2025. China led with 30.45 million tons (up 4.7%), while US output surged 9.3% to 1.65 million tons. Europe saw a 4.2% decrease.
China’s steel sector PMI decreases to 48 percent in November 2025

China’s steel sector PMI decreases to 48 percent in November 2025

China's steel sector PMI fell to 48.0% in November 2025, down 1.2 points from October. Production index was 46.0%, down 3.8 points. New orders rose to 48.9%, but export orders declined. December may see slackening demand and lower prices.
India weighs Mongolian coking coal imports despite transport hurdles, source says

India weighs Mongolian coking coal imports despite transport hurdles, source says

India explores Mongolian coking coal imports to diversify 85% import reliance, mainly from Australia. Despite transport hurdles, demand for the key steelmaking ingredient is expected to climb, prompting new supplier search.
Sridhar Babu urges MoP to include more industries under MSME support scheme

Sridhar Babu urges MoP to include more industries under MSME support scheme

Telangana Minister Sridhar Babu urged the Union Government to expand the ADEETIE scheme, currently benefiting Medak's pharma industry, to include more MSME clusters like chemicals, food processing, and steel re-rolling, aiming for economic and environmental gains.
“Export curbs on ferrous scrap from UAE, EU creating significant challenge for India”

“Export curbs on ferrous scrap from UAE, EU creating significant challenge for India”

India faces a ferrous scrap shortage due to UAE/EU curbs. Domestic demand hits 65 MT by 2030, with a 20-30 MT import gap. Vehicle scrapping, EAF steelmaking, and green steel are crucial for India's 300 MT crude steel capacity.
Iron ore inches higher on softer dollar, weak demand caps gain

Iron ore inches higher on softer dollar, weak demand caps gain

Iron ore futures ended higher on Thursday, supported by a softer dollar. However, gains were limited by falling China lump ore premiums, signalling weak demand for the steelmaking material.
The critical role of public capital in financing India’s green steel development

The critical role of public capital in financing India’s green steel development

India's steel sector, 12% of emissions, targets 300Mt capacity by 2030. Public capital and financial mechanisms are vital for green steel development, enabling a leapfrog from 2.6 tonnes CO2/tonne steel to sustainable pathways.
India’s SSTL secures environmental approval for construction of greenfield steel mill in Chhattisgarh

India’s SSTL secures environmental approval for construction of greenfield steel mill in Chhattisgarh

SSTL secured environmental approval for a greenfield steel mill in Chhattisgarh. It includes a 700,000 mt/year sponge iron, 1.2 million mt pellet, 1.05 million mt EAF, 10,000 mt steel tube, and an 85 MW power plant.
Indian Railways set to unveil new freight transportation policy for steel sector

Indian Railways set to unveil new freight transportation policy for steel sector

Indian Railways will unveil a new freight policy for the steel sector, mirroring the cement industry's cost-efficient model. This aims to reduce transportation costs, streamline supply chains, and boost competitiveness for steelmakers, with stakeholder inputs incorporated.
India’s RINL seeks to appoint contract agent to covert billets to flat steel products

India’s RINL seeks to appoint contract agent to covert billets to flat steel products

RINL seeks bids for a conversion agent in Rourkela, Odisha, to process 6,000 mt/year of billets into flat steel products. Bidders need own mills and 10,000 mt/year capacity to enhance production efficiency and ensure consistent supply.

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