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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.