Vedanta Power, Oil & Gas, and Iron & Steel slide sharply in Friday trade JSW’s Rayalaseema integrated steel plant to boost Andhra Pradesh steel sector Tata Steel advances 40 MTPA capacity roadmap with major India expansion push Turkey wire rod exports fall 4.9% in Jan-May 2026 amid weak market demand
Russian steelmaker MMK has reported major savings after reducing coke consumption in its blast furnace operations. The company says its “Low-Cost Iron” program has delivered economic benefits of more than RUB 5.5 billion, while coke use in pig iron production has fallen by 16% since 2024.
The improvement was supported by the launch of coke oven battery complex No. 12, which helped raise coke quality and increase the share of dry-quenched coke in production. With better coke performance, MMK has also been able to use more natural gas in the blast furnace process, further lowering dependence on coke.
For the steel industry, the move highlights how operational efficiency, raw material optimization and energy adjustments can help producers protect margins during periods of weaker steel demand.
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