Mild Steel News Today

In July, China's butadiene imports surged by 96.03% while exports slumped by 71.34%, driven by an influx of European supply that eased regional buying pressure in Asian markets.

India’s steel market strengthened sharply in the week ending August 21, supported by improved retail buying, controlled mill dispatches and lower inventories. Rebar led the rally, while HRC and CRC prices also moved higher. Firm raw material costs and maintenance shutdowns are tightening availability, keeping the near-term market outlook positive.

Jindal Steel will host in-person meetings with institutional investors and analysts at the Elara India Dialogue 2026 in Mumbai on September 1, 2026, to discuss operational performance and strategy.

China's PVC exports dropped to a year-to-date low of 216,200 tonnes in July, down from a peak of 684,000 tonnes in March, driven by weak overseas demand and volatile energy costs.

China's July sulfuric acid exports plunged 99.77% year-on-year to just 1,000 tonnes due to strict domestic export control policies, reshaping trade flows and increasing local supply pressures.

China's PVC paste resin production is projected to reach a record 1.35 million tonnes in 2026, driven by capacity expansions totaling 1.65 million tonnes per year.

In Jan-Jul, China's glacial acetic acid exports surged 32.95% to 776.5kt, while imports dropped 82.71% to 2,600 tonnes, driven by high domestic capacity utilization and strong cost competitiveness.

Stainless steel prices in India remained firm as global nickel and copper prices stayed elevated and the rupee weakened against the US dollar. Demand for 200 and 400 series improved, while 300 series demand remained subdued due to higher prices. Market participants expect prices to remain firm amid geopolitical uncertainties.

Intense construction of a steel flyover and underpass has narrowed traffic between Jubilee Hills and KBR Park to a single lane, causing severe congestion on routes handling over 15,000 vehicles hourly.

The global grid support frame structures market is projected to grow at a 9-13% CAGR through 2035, driven by BESS expansion, renewable integration, and grid modernization, reaching an index of 280.