【SMM Steel】Ukraine starts AD investigation on China's hot-rolled bars

【SMM Steel】A fire broke out in the acid regeneration line tower at Hoa Sen Phu My Steel Sheet Plant at 10:00 PM on May 25, 2026. The blaze was extinguished by 10:45 PM through joint intervention by the company's team and police. No injuries occurred and product inventory remained safe. Damage to the auxiliary line was minor and fully insured. The line is isolated from core production sectors, so other lines continued operating without disruption. Hoa Sen Group confirmed no impact on business operations. Authorities are investigating the cause.

【SMM Steel】JISCO Hongxing Hongyu New Materials has successfully achieved stable rolling of 2.5mm thin-gauge titanium coils on its combined CSP & conventional hot strip mill, while also completing “steel-titanium mixed rolling” verification. By optimizing heating schedules, rolling rhythm, tension control, and strip shape parameters, the team efficiently produced multiple titanium coil specs. The breakthrough fills a gap in JISCO’s thin titanium product capability and strengthens its competitiveness in new energy, chemical equipment, and marine engineering.

【SMM Steel】Hoa Phat Group has proposed forming a joint venture with other major Vietnamese enterprises including Vinacomin and THACO to research and restructure the Thach Khe iron ore mine project in Ha Tinh province. The site holds over 500 million tonnes of reserves capable of supplying high-quality ore for premium steel production. The project has been stalled for 15 years due to environmental, safety, and infrastructure concerns. Hoa Phat argues that only large domestic firms have the necessary financial resources and expertise, and has offered to fund international mining and metallurgy experts to evaluate safety before proceeding.