A molybdenum concentrate mine in Henan sold 810 mt of ore through an online tender on the 15th.

JSW Steel reported consolidated crude steel production of 6.59 million tonnes for the June quarter, up 3% year-on-year. This includes 6.35 million tonnes from Indian operations and 240,000 tonnes from its Ohio plant. A lengthy maintenance shutdown of Blast Furnace 3 at Vijayanagar limited overall growth. Excluding this, production grew around 15%, driven by full ramp-up of JVML and improved utilization at Dolvi. Domestic operations maintained 94% capacity utilization during the quarter. The quarterly comparison excludes Bhushan Power and Steel, transferred to JSW-JFE Steel in March 2026.

South Korea's steel exports showed signs of recovery amid strong global demand for AI data center construction. According to South Korea's Ministry of Trade, Industry and Energy, steel exports reached 2.14 billion USD in June, up 9.6% year-on-year, marking the first export growth in 14 months. The US market was the main driver, with steel export volume to the US rising 58.3% in the first half to 2.2 million tonnes from 1.39 million tonnes. Notably, exports of reinforcing bars used in data center framework construction surged to about 483,500 tonnes from 14,560 tonnes a year earlier.

US raw steel output reached 1.84 million net tons (approx 1.669 million tonnes) for the week ending July 11, 2026, at 79.7% capability utilization, up 3.9% from 1.771 million net tons (78.2%) a year earlier, but down 0.9% from the previous week. Year-to-date production through July 11 totaled 49.952 million net tons (approx 45.31 million tonnes) at 78.8% utilization, up 5.9% from 47.171 million net tons in the same period last year.