Stainless Steel News Today

India's massive upcoming infrastructure growth offers a crucial chance to embed energy efficiency. By leveraging green public procurement and resolving transmission gaps, India can shape a sustainable carbon future.

Steelmakers can use renewable electricity and redirected coke oven gas to produce direct reduced iron, cutting costs and emissions by 10% without relying on natural gas.

Using renewable electricity to replace fossil fuels and redirect coke oven gas for direct reduced iron production can cut costs and emissions, avoiding long-term natural gas dependence in steelmaking.

India's draft National Steel Policy 2047 projects met coal demand to reach 284 million tonnes, raising energy security concerns due to heavy import reliance and tightening global supplies.

Iron ore futures dropped toward CNY 670 per ton, hovering near four-year lows, driven by declining profitability among Chinese steel mills that weakened overall market demand.

During October 16-22, 2026, China's methanol industry saw declining prices across the supply chain, driven by expectations of increased supply and weaker downstream demand.

Surat Steel supplied high-grade steel for the Indian Navy's INS Mangrol, commissioned on October 26, 2023, boosting indigenous defense manufacturing and self-reliance.

The Chenab Bridge, the world's highest railway bridge at 359 meters and 1,315 meters long, successfully completed India's challenging Kashmir rail project after decades of engineering breakthroughs.

India's coking coal index eased slightly to $292/t CNF Paradip amid rising inquiries. While down $15/t since September, supply uncertainties limit sharp declines. Met coke and steel prices also weakened.

Railways started placing eight 28-tonne steel girders for the Maris RoB, aiming to finish by November 30. The bridge is expected to reopen for traffic before January 2027.