The company will use Minnesota Ore DR rollers American steel producer US Steel plans to add a new direct reduced iron (DRI) plant to the Big River Steel complex in Arkansas, according to Talk Business & Politics. Details, including the cost of the project and its implementation schedule, will be announced later. “The new DRI plant at the Big River Steel Works in Arkansas will position our mini-mill segment as a leader in advanced and sustainable steel production,” US Steel spokeswoman Amanda Malkowski told the publication. She added that this will strengthen US Steel’s advantage in the raw materials sector and domestic supply chain. The investment underscores the partnership with Nippon Steel. The DRI plant in Arkansas will use DR pellets from Minnesota Ore and produce DRI raw materials for electric arc ...

Production amounted to 72 million tons, declining for the fifth consecutive month In October 2025, Chinese steel companies reduced steel production by 12% compared to October 2024, to 72 million tons. Compared to the previous month, the figure fell by 2%. This is evidenced by data from the National Bureau of Statistics of the PRC, Bloomberg reports. This is the fifth consecutive monthly decline in production, resulting in steel production for January-October of this year falling to 818 million tons (-4% y/y). Weakening consumption in Asia’s largest economy is putting pressure on Chinese steel mills, forcing them to cut production. The prolonged downturn in the real estate sector and weaker industrial growth are reducing order volumes, while excess capacity and low margins are preventing prices from strengthening. Recent government signals about the n...

The future of Chinese steel industry will likely depend primarily on demand China is taking a measured approach to reviving its steel industry, improving prospects for high-end companies while avoiding steps needed to significantly reduce steel supplies, Bloomberg writes. China’s new five-year plan focuses heavily on promises to stimulate consumption and innovation in the economy. However, the government’s campaign to combat overcapacity and destructive competition, including in the steel sector, has attracted less attention than expected. Instead, Beijing appears to be intent on delaying restrictions on steel companies – a matter of years rather than months. In October this year, the Chinese Ministry of Industry and Information Technology proposed stricter rules for capacity exchange. In particular, those that provide for the modernization of plant...

The recovery observed in the third quarter may come to an end Chinese steel mills are facing new pressure amid rising raw material costs. This factor threatens to reduce profits after a strong third quarter, according to Bloomberg. Overall industry profitability improved in July-September. However, analysts warn that the recovery may stall due to the impact on raw material price margins. Iron ore futures in Singapore have risen for the fourth consecutive month, while coking coal in Dalian has reached its highest level in nearly a year. Qin Cui, president of the China Iron and Steel Research Institute, said at a recent conference that Chinese mills’ profits have begun to decline again. Manufacturers using electric arc furnaces are still operating at a loss. At the same time, spot margins for mills producing rebar, hot-rolled coil, and billets have fallen to...

October iron ore supplies may become the second largest in the country's history Iron ore imports to China are showing steady growth despite a decline in steel production. According to estimates by Kpler analysts, shipments will reach 113.06 million tons in October 2025, which will be the second highest figure in history after a record 116.33 million tons in September. This indicates that Chinese importers remain active, while domestic steel production continues to decline, according to Reuters. China accounts for approximately 75% of global seaborne iron ore imports and produces about half of the world’s steel. Since June, import volumes have consistently exceeded 100 million tons per month, offsetting the weak start to the year. In the first nine months of 2025, the country imported 917.69 million tons, only 0.1% less than a year earlier. Strong October figur...

In January-September, production increased by 5.2% y/y In September 2025, Polish steel enterprises reduced steel production by 16.2% compared to the previous month, and by 11.3% year-on-year, to 524 thousand tons. Thus, the country ranks 20th in the global ranking of world steel producers WorldSteel. In January-September, Polish steelmakers produced 5.65 million tons of steel, which is 5.2% more than in the same period of 2024. In the third quarter, the figure reached 1.79 million tons, which is 11.6% less than in the previous quarter and 0.7% more than in the same period of 2024. The resumption of steel production in Poland since the beginning of the year has been facilitated by the restart of an important enterprise, Huta Częstochowa. Since February 3, the plant has been operating at full capacity after more than a year of downtime. In addition, Co...