Latest News
PT PAL Begins Construction of Scorpène Evolved Submarine
07 August 2026 - PT PAL Indonesia held a first steel cutting ceremony at its shipyard in Surabaya City for construction of the first Scorpène Evolved submarine, reported Naval News.
Nippon Steel Raises Profit Guidance Amidst U. S. Steel Growth
06 August 2026 - Nippon Steel raised United States Steel Corporation’s 2026 fiscal year business profit guidance to US$1.14 billion due to U.S. market recovery and plant upgrades, reported ManufacturingDive.
JFE Steel Pilot Plant Achieves Hydrogen DRI Production
06 August 2026 - JFE Steel produced its first hydrogen direct reduced iron (DRI) at its pilot plant in Chiba, Japan, funded by the New Energy and Industrial Technology Development Organization (NEDO), reported gasworld.
Hydnum Steel Receives €150 Million to Build Green Steel Plant on Iberian Peninsula
05 August 2026 - Hydnum Steel announced it has received a €150 million investment from the Co-investment Fund (FOCO) by COFIDES to build the Iberian Peninsula’s first green steel industrial complex in Puertollano, Spain.
