[NEMO Industries selects ENERGIRON DRI technology for Louisiana pig iron facility]

India’s JTL Industries Limited said its subsidiary, JTL Engineering Limited, will invest approximately 1.6USD million (150million INR) to expand its narrow-width hot-rolled coil manufacturing capacity. The project will double capacity from 5,000tonnes/month to 10,000tonnes/month, equivalent to an increase from 60,000tonnes/year to 120,000tonnes/year, and is scheduled for commissioning in Q4 FY2026-27. The upgrade will also raise the maximum coil width from 9inches (228.6mm) to 11inches (279.4mm), enabling the company to manufacture a broader range of specifications. JTL Engineering uses sponge iron and ferrous scrap as its principal raw materials, while the additional output is expected to strengthen JTL Industries’ backward integration and captive HRC supply.

Global crude steel output reached 149.2 Mt in July 2026 (-0.3% YoY). China's daily drop (-11.1%) dragged global figures, while overseas output grew to 72.3 Mt (+3.5% YoY; Jan–Jul +2.4%). Real overseas gains were powered by EU trade safeguards (+3.8% YoY) and South Korea's anti-dumping measures (daily +4.1% MoM). Gains in Vietnam (+34.7%) and Russia (+3.3%) stem from low base distortions. Key watchpoints: EU Q3 quotas, scrap floor at 370USD/tonne, and China’s September recovery timing.

According to SMM statistics, total building materials inventory stood at 8.1925 million tonnes this period, down 133,400 tonnes or 1.6% from the previous period.