[SMM Steel] JSW Steel Starts Construction of 13.2 Million mt Greenfield Steel Plant in Odisha

【SMM Steel】A fire broke out in the acid regeneration line tower at Hoa Sen Phu My Steel Sheet Plant at 10:00 PM on May 25, 2026. The blaze was extinguished by 10:45 PM through joint intervention by the company's team and police. No injuries occurred and product inventory remained safe. Damage to the auxiliary line was minor and fully insured. The line is isolated from core production sectors, so other lines continued operating without disruption. Hoa Sen Group confirmed no impact on business operations. Authorities are investigating the cause.

【SMM Steel】JISCO Hongxing Hongyu New Materials has successfully achieved stable rolling of 2.5mm thin-gauge titanium coils on its combined CSP & conventional hot strip mill, while also completing “steel-titanium mixed rolling” verification. By optimizing heating schedules, rolling rhythm, tension control, and strip shape parameters, the team efficiently produced multiple titanium coil specs. The breakthrough fills a gap in JISCO’s thin titanium product capability and strengthens its competitiveness in new energy, chemical equipment, and marine engineering.

【SMM Steel】On May 26, 2026, Ukraine's Ministry of Economy initiated an anti-dumping investigation on hot-rolled bars in coils from China under Resolution No. AD-602/2026/441-01. Products covered include carbon steel bars 5-14mm and alloy steel bars 5-32mm (excluding high-speed steel and welding wire). The investigation period runs from 2022 to October 2025. Affected Ukrainian customs codes: 7213.91.10.00, 7213.91.41.00, 7213.91.49.00, 7213.91.70.00, 7213.91.90.00, 7227.20.00.00, 7227.90.10.00, 7227.90.50.00, 7227.90.95.00. This is Ukraine's sixth AD probe on Chinese products since April 2024.