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Monday, July 27, 2026

Expansions / Changes

Jindal Steel reports resilient Q1 earnings

India's Jindal Steel reported consolidated adjusted EBITDA of INR 2,667 crore (USD 277.8 mln) for the first quarter of fiscal year 2026/27, as improved...

Kocaer Celik establishes US subsidiary to expand North American presence

Turkish steel producer Kocaer Celik has approved the establishment of a new company in the United States as part of its strategy to strengthen...

GravitHy files permits for low-carbon HBI project in Fos-sur-Mer

Low-carbon iron producer GravitHy has submitted permit applications for its planned hot briquetted iron (HBI) plant in Fos-sur-Mer, marking a key milestone in the...

Qarmet targets automotive steel production by 2028

Kazakhstan's integrated steelmaker Qarmet plans to begin producing automotive-grade steel sheet in 2028, with serial production of automotive body panels scheduled to start in...

Kardemir Celik launches USD 95 mln IPO to strengthen working capital

Turkish long steel producer Kardemir Celik Sanayi AÅž has launched an initial public offering (IPO) valued at TRY 4.48 bln (USD 94.9 mln), with...

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