"HRC Prices Strengthen, Inventory Falls; Cost Support Boosts Outlook Despite Demand Weakness"

Tata Steel Meramandali has launched a first-of-its-kind project in India's steel industry — injecting Coke Oven Gas (COG) directly into Blast Furnace 1. This gas, usually used for power or heating, is now being used as a substitute for fossil fuel inside the furnace. This move supports Tata Steel's goal of reaching Net Zero by 2045. It also lets the blast furnace run on three fuels at once, making operations more flexible and efficient while cutting carbon emissions. The project was made possible with technology partner Paul Wurth-SMS and equipment supplier Kobelco. The project could benefit India’s steel industry by demonstrating how in-house byproduct gases can replace part of conventional blast-furnace fuel use, lowering emissions, external fuel dependence and operating costs. If replicated by other producers, it could accelerate cleaner and more resource-efficient steelmaking across the country while improving global competitiveness. Lower embedded emissions could reduce CBAM-related costs on Indian steel exports to the EU and improve their competitiveness.

September 10 news, the National Intellectual Property Administration information shows that Baoshan Iron & Steel Co., Ltd. applied for a patent named "A Method and Device for HCR Planned Production Pace Control", with grant announcement number CN121232716B and grant announcement date of September 8, 2026. The application publication number is CN121232716A, the application number is CN202410854190.7, the application publication date is September 8, 2026, the application date is June 28, 2024, the inventors are Huang Kewei, Jia Shujin, and Lu Jingrong, the patent agency is Shanghai Huacheng Intellectual Property Agency Co., Ltd., the patent agent is Du Juan, and the classification number is G05B19/418.

ArcelorMittal Jinxi New Materials (Changzhou) Co., Ltd. held a brand launch event themed "Moving Toward the New, Embracing the Future Together," officially unveiling its external brand name "AMORNEX Anton Xinmai." The event presented the company's brand image, strategic vision, and project construction achievements in full, marking Anton Xinmai's transition from the engineering construction phase into a new development cycle of coordinated brand operations and market deployment. China is one of the most dynamic regions in the global new energy end-use market. Its complete and efficient new energy industry chain ecosystem provides fertile ground for the R&D iteration, mass production implementation, and scenario validation of new energy soft magnetic materials. Seizing this opportunity of the times, ArcelorMittal joined hands with China Oriental Group to place its core strategic layout for new energy soft magnetic materials in Changzhou, giving birth to Anton Xinmai.