Mild Steel News Today

Tenova is advancing its 2025 contract to supply three specialized processing lines for JSW JFE's electrical steel plant in India, supporting domestic production for power transformers.

In August 2026, US heavy structural beam exports rose 22.9 percent month-on-month to 18,259 metric tons valued at $31.1 million, with Canada remaining the largest destination.

Prohibitory orders were imposed at a major steel plant following job protests by displaced persons. The blockade halted operations, causing a daily loss of Rs 30 crore.

Bhilai Steel Plant administration dismissed privatisation reports as false and misleading following political protests, urging stakeholders to rely only on official communications.

Northback Holdings revives the Grassy Mountain coal project in Alberta to export 2.5 million metric tons annually to Asian steelmakers, facing local environmental opposition and strict regulatory hurdles.

The CISF is reorganising its command structure starting November 1, replacing territorial supervision with sector-specific arrangements across power, coal, steel, petroleum, ports, and transit systems to enhance security.

The Municipal Corporation of Greater Mumbai has invited tenders for installing stainless steel railings near the Western Express Highway in Dahisar East, valued at approximately Rs. 0.18 crore.

China's methanol market faces downside risks due to rising November non-Iranian imports, weaker olefin demand, and potential coastal plant shutdowns, signaling upcoming inventory builds and falling spot prices.

China's aniline prices hit a year-to-date high of Yuan 15,000/t by October 15, driven by tight spot supply and maintenance. However, upcoming restarts and new capacity threaten a price decline.

EU climate policies boost green steel demand. India can leverage low-cost renewables and green hydrogen to export green iron to Europe, avoiding carbon taxes and capturing a 25% price premium.