Mild Steel News Today

Japan has imposed anti-dumping duties of up to 55% on hot-dipped galvanised steel imports from South Korea and China to protect its domestic steel manufacturers from unfairly priced products.

The Iran war has disrupted global steel flows and damaged over 10% of direct reduced iron capacity, delaying green investments and forcing nations to prioritize energy security through coal gasification and renewables.

A new ₹4,000 crore integrated steel manufacturing facility in West Bengal marks a major industrial investment, promising regional economic growth, infrastructure development, and employment opportunities while emphasizing environmental sustainability.

Wanhua Chemical resumed production at its 800,000-tonne/year Fujian MDI unit following a 38-day scheduled maintenance, aiming to ease tight global supply and address rising market prices.

China's August polypropylene production is projected to rise 4.84% month-on-month to 3.28 million tonnes due to unit restarts, while capacity utilization climbs to 70.90%, potentially weighing on the overall market.

China's methanol prices declined sharply from July 24-30, 2026, due to rising port inventories, easing geopolitical tensions, and reduced downstream demand from olefin unit maintenance.

India's rising coking coal production to meet steel sector demand will increase methane emissions, necessitating stronger policy support and cost-effective abatement technologies to mitigate environmental impact.

Jai Raj Ispat received the GreenPro Certification at the GreenPro Summit 2026, recognizing its sustainable manufacturing practices and resource-efficient TMT steel production for infrastructure applications.

Steel pipe prices in India remained stable this week, while Jindal Supreme India's proposed IPO signals long-term confidence in the infrastructure and construction sectors. Supported by steady demand and expansion plans, the steel pipe market is expected to remain firm, with manufacturers focusing on capacity growth and improving supply capabilities.

India's rising coking coal production to meet steel demand will spike methane emissions. Adopting cost-effective abatement technologies is crucial to reduce 234.7 kilotonnes of methane and meet climate goals.