[NMDC Targets 60 MT Iron Ore Output in FY27]

[Indonesia] Now, the Price of HRC is considered around 520-523 USD/ton FOB. This is due to the mill trying to match the gap between the buyer & user. As the price is considered already high but the demand is there as they are trying to fulfill the needs for the end of the year. But in the news, the demand is considered back again as the delivery is already in January 2027. The one that should be looked at is the situation at next week that in China is considered off season as they will have holiday for a week. So, if the indonesia's price is following the China's price, this one will be important for the next week at least.

U.S. Steel Košice (USSK), Nippon Steel's operating base in Slovakia, will invest around €0.9 billion in an electric arc furnace (EAF) and an air separation unit (ASU) at its Košice Steelworks. The EAF will have annual capacity of about 1.6 million mt and will run alongside existing blast furnaces, with production expected to start in 2030, while the ASU is set to begin operations in 2029. USSK signed a grant agreement with the Slovak government for up to €350 million from the EU Modernization Fund, comprising €310 million for the EAF and €40 million for the ASU.

Danieli Automation has been selected to supply a new extended manufacturing execution system (MES) for the Ezz Flat Steel plant in Ain Sokhna, Egypt. The web-based Q3-Manufacturing solution will serve as a fully integrated platform for product management, operational coordination, quality control, and advanced analytics, covering two meltshops, a thin-slab caster and hot strip mill, a billet caster, two bar and wire rod mills, and a hot skinpass mill. Its scope spans production planning and scheduling, real-time shop floor coordination, raw material and finished product yard management, and predictive quality control. The project marks the latest in a series of collaborations between the two companies.