MMi Daily Iron Ore Report (Sep 9)

ArcelorMittal halted parts of its production at the Eisenhüttenstadt strip mill in Germany following operational irregularities detected in the facility's blast furnace. The company reported on September 29, 2026, that technicians are working to stabilize operations and expect to resume regular output shortly. The facility, which possesses a crude steel capacity of 2.5 million tonnes per year, is a critical supplier to the Western European flat steel market. [SMM Iron Ore]

US steelmaker Cleveland-Cliffs announced on September 29, 2026, the indefinite suspension of its cold-rolling and coating operations in Hamilton, Canada, effective October 9. The closure will result in the immediate layoff of up to 500 employees. The company cited severe market imbalances caused by the new 50% US tariffs on Canadian steel and aluminum imports, which forced it to consolidate its 8.13 million short tons of half-year steel output at its primary Nanticoke facility. [SMM Iron Ore]

Germany's Stahl-Holding-Saar (SHS) announced the next construction phase of its massive Power4Steel decarbonization project, designed to fundamentally alter the group's raw material and energy mix. The multi-billion-euro transformation will replace traditional blast furnace capacity with low-emission alternatives to maintain regional competitiveness. Concurrently, SHS presented its Y-SIC initiative, backed by state funding, which aims to establish a commercial high-purity silicon carbide production facility at its Dillinger site. [SMM Iron Ore]