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Wednesday, August 26, 2026

Global Steel News

Iron ore futures retreat as demand recovery remains uncertain

China's iron ore futures edged lower on Tuesday as firm cost support failed to offset weaker iron ore fundamentals and cautious buying from steel...

Finished steel consumption gains momentum in Apr-Jul

India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct...

JSW Steel to add galvanized steel capacity at Karnataka plant

India's JSW Steel has selected Austria-based Andritz to supply a continuous galvanizing line at its Toranagallu steel plant in Karnataka, strengthening its capacity to...

Trump to impose 50pct tariff on Canadian steel, autos

US President Donald Trump said the United States will impose a 50pct tariff on Canadian steel, automobiles and automotive parts from January 1, 2027,...

Tata Steel’s Llanwern scales back galvanized steel production as Asian imports rise

Tata Steel's Llanwern galvanizing plant in South Wales is operating at around half capacity as increased availability of duty-free Asian steel weighs on orders...

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