Mild Steel News Today

Listed below is one of the multi-bagger stocks that specialises in integrated iron and steel manufacturing, primarily producing Sponge Iron, Mild Steel (MS) Billets, and high-quality TMT bars.

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) posted a retreat during April 21-30, with the tonnage down by 3.6% or 75,000 tonnes/day from the mid-April period to average 2.04 million t/d, according to the latest release from the association on May 8.

After a ten-month delay, South Korea's trade regulator, the Korea Trade Commission (KTC), has begun an anti-dumping investigation into imports of Chinese special steel bars. However, Korean sources suggest that the KTC will now move quickly on the probe and could announce preliminary findings by early August.

Tata Steel Plans to Ban Two-Wheelers Inside Plant Premises | Jamshedpur News | The Avenue Mail

BigMint's coking coal index hit a three-month high of $266/t due to Australian supply issues. India's imports dropped 12% in April, while vessel freights rose. Indian steel prices remained under pressure.

The committee interviewed five senior executives from major public sector steel organisations before finalising its recommendation.

Colombia has made a final ruling in an anti-dumping (AD) investigation involving China-origin imports of iron or steel welded pipes, after determining that the products entered the Colombian market at dumped prices and caused material injury to the domestic industry, according to a resolution issued by Colombia’s Directorate of Foreign Trade and published in the official gazette on April 29.

JSW Steel Ltd has been declared the preferred bidder for Pissurlem Mineral Block No. XV in Goa after an auction held on May 7, 2026. The company secured the highest final offer price at 118.10% of the value of the mineral dispatched. The block carries an estimated 96 million tonnes of iron ore resources.

India's steel sector is booming, with production and consumption rising to 160-170 MT annually. Targeting 300 MTPA by 2030-31, it's a ₹10 lakh crore growth engine, becoming the world's second-largest producer, focusing on self-reliance and green steel.

India’s stainless steel market moved higher amid a sharp rise in LME nickel prices and tightening global alloy supply. While domestic demand from infrastructure, railways, and automotive sectors remains supportive, cautious buying sentiment and rising Chinese imports continue to pressure market activity. Stainless steel prices in India are expected to remain firm near term.