[Iranian Official: Any Assistance or Convenience Provided to US Forces Equals Coordinated Action with the US Military]

Talleres y Aceros S.A. (TYASA) has started up its new Danieli-supplied special bar quality (SBQ) plant in Ixtaczoquitlán, Mexico, with the installation comprising a hot rolling mill featuring a four-pass, four-roll draw sizing Danieli sizing block, plus straightening, peeling lines, and a water treatment plant, all now in operation. Cold commissioning began in April 2026, the plant rolled its first hot billet on May 25, and the first bar was processed on July 6, confirming dimensional accuracy and stable rolling parameters. Danieli received the provisional acceptance certificate on August 4, and the plant has now entered its performance testing phase. A new drawing line and heat treatment line are still in the final stages of construction.

Germany has largely lifted its Sunday truck ban on major waterways as extremely low river levels continue to disrupt inland shipping across the country. Tata Steel Nederland has phased out routine use of the Danube for shipments, shifting deliveries to Central and Eastern Europe onto rail instead, and says its multi-year investment in transport network resilience has kept the drought's impact limited so far. Other producers, including ArcelorMittal and Thyssenkrupp Steel, have also reported logistics adjustments as water levels on the Rhine and Danube remain near record lows.

[Indonesia] Wire rod prices in Indonesia remain stable at around 485 USD/metric ton FOB after surging by about 5 USD/metric ton last week. Previously, this price increase occurred as pressure from Chinese products eased, which was in line with predictions. However, it appears that fundamental factors are playing a role in maintaining this price stability, in line with the current increase in demand. If these fundamental factors continue to develop favorably, wire rod prices will follow the same trend as billet prices—rising gradually.