Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
ArcelorMittal, one of the world’s largest steel producers, expects a 2% year-on-year increase in steel shipments for 2026, signaling a steady rebound in global demand. The company reported a total shipment of 55.6 million tonnes in 2025 and projects modest growth amid improving market conditions.Despite challenges such as lower steel prices and weak demand in certain regions, ArcelorMittal is optimistic about future trends. The company remains focused on operational efficiency, decarbonization initiatives, and expanding capacity in strategic markets, including India and Brazil.
CEO Lakshmi Mittal highlighted the company's long-term commitment to sustainability and innovation. ArcelorMittal also emphasized its investments in green steel technology and carbon reduction as core components of its growth strategy.
As infrastructure development picks up pace globally and construction activity rebounds, the projected 2% increase points to a positive shift in the steel industry. The outlook reinforces ArcelorMittal’s leadership position in a sector critical to global industrial development.
Also Read : Tata Steel to invest $2.1 billion in Singapore-based T Steel Holdings. Global Steel Demand to Stay Stable in 2025, Rebound Expected in 2026: Worldsteel
The UK government has launched a consultation process to gather industry feedback on its new steel t...
Europe 11-Jun-2026
Greenland has awarded a 30-year mining license to Greenland Resources for the Malmbjerg molybdenum p...
Announcement 21-Jun-2025
Steel Authority of India (SAIL) shares moved higher on Friday, rising 0.74% to ₹156.95 in morn...
Business 20-Feb-2026
The company stated that there had been "constructive progress" in the talks, with various interventi...
Large Corporate 08-Feb-2024
In a meeting of the India-US initiative on Critical and Emerging Technology (iCET) in New Delhi, l...
Business 18-Jun-2024
Sambhv Steel Tubes has highlighted its strong manufacturing base and growing market footprint,...
Business 08-Apr-2026