[Indonesia Strengthens Natural Resource Export Controls]

【SMM Steel】Quang Ngai province has approved partial adjustments to the 1/2000-scale zoning plan for the Eastern Dung Quat Industrial Park to resolve technical infrastructure obstacles and attract new energy and industrial investments. The revised plan adds LNG pipeline and coal gas pipeline corridors to support two major ongoing projects: the Dung Quat LNG Port, Terminal & Storage project and the Hoa Phat Dung Quat Rail & Special Steel Production project. Provincial authorities have directed relevant agencies to finalize the revised documents, which must align with seaport regulations, environmental standards, and fire safety protocols.

【SMM Steel】ArcelorMittal Nippon Steel India has achieved global first mass production of EQ70 ultra-high-strength SAW pipes at its Hazira facility, certified by ABS. The product has minimum yield strength of 690 MPa, equivalent to API 5L X100Q, and is designed for offshore engineering including jack-up rigs, deepwater pipelines, and offshore wind. These welded pipes replace imported seamless pipes, reducing lead times and costs while improving supply security for India's engineering sector.

【SMM Steel】India's Venus Pipes and Tubes Limited commenced commercial operations at a new fittings facility and expanded its seamless pipes and tubes capacity in Dhaneti, Gujarat, on May 26, 2026. The company added 4,200 tonnes per annum of seamless capacity in this stage, bringing total incremental seamless capacity to 6,000 tpa when combined with 1,800 tpa commissioned in November 2025, exceeding the original 4,800 tpa target. The new fittings unit expands the company's value-added product mix, targeting traditional sectors such as power, oil & gas, chemicals, and engineering, as well as new fields like data centers and semiconductor production.