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Mild Steel News Today

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| Pipeline Online

| Pipeline Online

Gerdau CEO warns of risks to Brazilian steel industry from import surge

Gerdau CEO warns of risks to Brazilian steel industry from import surge

Steel Holds Steady as China Targets Overcapacity

Steel Holds Steady as China Targets Overcapacity

Indian steel prices rise again in Feb'26 but at slower pace as bullish sentiment fades

Indian steel prices rise again in Feb'26 but at slower pace as bullish sentiment fades

Taiwan’s stainless steel market holds steady after consecutive price hikes

Taiwan’s stainless steel market holds steady after consecutive price hikes

Turkey’s rebar exports down 26.8 percent in January 2026

Turkey’s rebar exports down 26.8 percent in January 2026

Iron Ore Steadies as Key China Meeting Eyed

Iron Ore Steadies as Key China Meeting Eyed

Colombia’s iron and steel export volume down 69.4% in Jan 2026

Colombia’s iron and steel export volume down 69.4% in Jan 2026

[NPI Daily Review] Firm Costs Support NPI Prices; Stainless Steel Under Pressure Limits Upside Room

[NPI Daily Review] Firm Costs Support NPI Prices; Stainless Steel Under Pressure Limits Upside Room

Latest Market News Of Mild Steel

Daily Report Insights News

China again targets overcapacity in commodity sector

China again targets overcapacity in commodity sector

infra.economictimes.indiatimes.com

China's NDRC will reduce overcapacity in steelmaking, oil refining, and other industries, repeating pledges from March 2025. No specific targets were given. China also plans to boost strategic mineral exploration and stockpiling.

66

Iron Ore Rises on China’s Industry Pledge

Iron Ore Rises on China’s Industry Pledge

Hellenic Shipping

Iron ore futures climbed above CNY 760 per ton, reaching a three-week high. This surge followed China's reaffirmation to curb overcapacity in its steel sector, aiming to strengthen industry health.

Heightened risk in Strait of Hormuz threatens pet coke supply to India

Heightened risk in Strait of Hormuz threatens pet coke supply to India

thehindubusinessline.com

US-Israel strikes on Iran heighten Strait of Hormuz risk, threatening India's pet coke supply (22.06 mt in FY25). This impacts cement/steel sectors, potentially forcing a switch to costlier alternatives like US Gulf pet coke or coal.

1217

Middle East conflict disrupts China methanol imports pattern

Middle East conflict disrupts China methanol imports pattern

Middle East tensions escalated with Iran blocking the Strait of Hormuz on Feb 28, 2026, after Israel's strike. This disrupted China's methanol imports, causing futures to surge on March 2, impacting global energy markets.

56

Middle East tensions drive up PE prices: LDPE leads daily gains

Middle East tensions drive up PE prices: LDPE leads daily gains

Middle East tensions have driven up PE prices, with LDPE leading gains. China's PE imports, nearly half from the region (29% of consumption), face supply concerns. Spot USD offers at Chinese ports rose $20-60/t.

India Steel: Green Costs Risk Export Plunge, Valuations Tenuous

India Steel: Green Costs Risk Export Plunge, Valuations Tenuous

India's steel sector faces export risks from EU's CBAM (Jan 2026), potentially forcing 15-22% price cuts. Coal-based production and high green steel costs (20-40% more) threaten valuations and create billions in stranded asset risks.

| Pipeline Online

| Pipeline Online

pipelineonline.ca

Canada's Coal Association urges Ottawa to classify metallurgical coal as a critical mineral. New export agreements with India for steelmaking highlight its strategic importance, aiming to secure investment and reinforce Canada's role as a responsible supplier.

96

India’s 26% green steel mandate can unlock 16 MTPA demand by 2030: CII

India’s 26% green steel mandate can unlock 16 MTPA demand by 2030: CII

infra.economictimes.indiatimes.com

India's 26% green steel mandate could unlock 16 MTPA demand by 2030, avoiding 20.9 million tonnes of CO2 emissions. With minimal project cost impact (0.2-1.2%), 93% of producers are ready, needing clear mandates and fiscal support.

22

Middle East Turmoil Triggers Slight Rise in Iron Ore Prices Market Cautiously Observes

Middle East Turmoil Triggers Slight Rise in Iron Ore Prices Market Cautiously Observes

Hellenic Shipping

Dalian iron ore futures (I2605) closed at 754.5 yuan/mt, up 0.87%. Spot prices rose 4-8 yuan/mt. Middle East turmoil triggered a slight rise, but market activity remained mediocre with limited steel mill inquiries.

Tata Bets Big on Green Steel and Hydrogen Future

Tata Bets Big on Green Steel and Hydrogen Future

Tata Steel invests ₹11,000 crore in Jharkhand for green steel technology, while Tata Motors plans hydrogen trucks in Jamshedpur. These moves signal a major push towards sustainability and decarbonization in steel and automotive sectors.

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