JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
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 : India Follows Trump to Fight Global Steel Glut with Tariffs Lloyds Metals Commissions Western India's First 10 MTPA Iron Ore Slurry Pipeline in Gadchiroli
Tata Motors launches 8th scrapping unit in Kolkata Capacity to recycle 15,000 vehicles annually Su...
Business 09-May-2025
Elon Musk, CEO of Tesla Inc., announced plans to buy chips from Advanced Micro Devices Inc. (AMD) as...
Large Corporate 27-Jan-2024
US Steel Corporation, one of the largest steel producers in the United States, increased steel shipm...
Ferrous 06-Feb-2024
Malaysia has launched a comprehensive roadmap to transform its steel sector into a fully green indus...
Construction 03-Oct-2025
India plans to manufacture 5 million tonnes (MT) of pure hydrogen annually by 2030, with a predicted...
Renewables 03-May-2024
Tata Steel Limited of India has established a 'carbon bank', a virtual repository via which carbon d...
Large Corporate 12-Jul-2024