[SMM Analysis] Middle East Tensions: Global Impact & Q2 Steel Export Outlook (2)

Published: Apr 8, 2026 14:30

[SMM Analysis] Winds Rise in the Middle East, Ripples Spread Worldwide:Geopolitical Special Discussion and Q2 Outloo the Export Landscapek(2)

 

Copyright and Intellectual Property Statement:

This report is independently created or compiled by SMM Information & Technology Co., Ltd. (hereinafter referred to as "SMM"), and SMM legally enjoys complete copyright and related intellectual property rights.

The copyright, trademark rights, domain name rights, commercial data information property rights, and other related intellectual property rights of all content contained in this report (including but not limited to information, articles, data, charts, pictures, audio, video, logos, advertisements, trademarks, trade names, domain names, layout designs, etc.) are owned or held by SMM or its related right holders.

The above rights are strictly protected by relevant laws and regulations of the People's Republic of China, such as the Copyright Law of the People's Republic of China, the Trademark Law of the People's Republic of China, and the Anti-Unfair Competition Law of the People's Republic of China, as well as applicable international treaties.

Without prior written authorization from SMM, no institution or individual may:

1. Use all or part of this report in any form (including but not limited to reprinting, modifying, selling, transferring, displaying, translating, compiling, disseminating);

2. Disclose the content of this report to any third party;

3. License or authorize any third party to use the content of this report;

4. For any unauthorized use, SMM will legally pursue the legal responsibilities of the infringer, demanding that they bear legal responsibilities including but not limited to contractual breach liability, returning unjust enrichment, and compensating for direct and indirect economic losses.

Data Source Statement:

(Except for publicly available information, other data in this report are derived from publicly available information (including but not limited to industry news, seminars, exhibitions, corporate financial reports, brokerage reports, data from the National Bureau of Statistics, customs import and export data, various data published by major associations and institutions, etc.), market exchanges, and comprehensive analysis and reasonable inferences made by the research team based on SMM's internal database models. This information is for reference only and does not constitute decision-making advice.

SMM reserves the final interpretation right of the terms in this statement and the right to adjust and modify the content of the statement according to actual circumstances.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Iron & Steel] Bharat Steel 2026 Conference to Set India’s 300 MTPA Roadmap
45 mins ago
[SMM Iron & Steel] Bharat Steel 2026 Conference to Set India’s 300 MTPA Roadmap
Read More
[SMM Iron & Steel] Bharat Steel 2026 Conference to Set India’s 300 MTPA Roadmap
[SMM Iron & Steel] Bharat Steel 2026 Conference to Set India’s 300 MTPA Roadmap
The Indian Ministry of Steel has scheduled the "Bharat Steel 2026" conference for April 16-17, 2026, aimed at finalizing an actionable roadmap to reach a national crude steel capacity of 300 million tonnes per annum (MTPA). Key focus areas include raw material security, domestic iron ore supply chain optimization, and the integration of green hydrogen into steelmaking. The event will also feature roundtables on enhancing technology cooperation with Russia and Brazil to ensure stable imports of high-grade ores, directly impacting the strategic positioning of India in the global seaborne iron ore trade.
45 mins ago
[SMM Iron & Steel] South Korea’s POSCO to Launch Scrap-Free Direct Steel Plant Trial
46 mins ago
[SMM Iron & Steel] South Korea’s POSCO to Launch Scrap-Free Direct Steel Plant Trial
Read More
[SMM Iron & Steel] South Korea’s POSCO to Launch Scrap-Free Direct Steel Plant Trial
[SMM Iron & Steel] South Korea’s POSCO to Launch Scrap-Free Direct Steel Plant Trial
South Korean steelmaker POSCO has announced it will begin trial operations of a new pilot plant in July 2026 that utilizes molten phase processing to produce steel directly from iron ore. This revolutionary technology aims to bypass the traditional sintering and pelletizing stages, potentially reducing carbon emissions by 50% compared to traditional blast furnace routes. The success of this trial would allow POSCO to utilize a broader range of domestic and imported low-grade iron ores that were previously unsuitable for high-efficiency steelmaking, significantly impacting global raw material demand patterns.
46 mins ago
[SMM Iron & Steel] Canadian Iron Ore Production Drops 8.6% in Early 2026
46 mins ago
[SMM Iron & Steel] Canadian Iron Ore Production Drops 8.6% in Early 2026
Read More
[SMM Iron & Steel] Canadian Iron Ore Production Drops 8.6% in Early 2026
[SMM Iron & Steel] Canadian Iron Ore Production Drops 8.6% in Early 2026
Data released on April 2, 2026, shows that Canadian iron ore production fell by 8.6% in January 2026 compared to the previous month. This decline is attributed to seasonal logistics bottlenecks in the Labrador Trough and scheduled maintenance at several major concentration plants. Despite the short-term dip, Canadian producers are increasingly positioning themselves as key suppliers of high-grade, low-impurity concentrate required for Direct Reduction (DR) steelmaking, with several expansion projects in the Quebec-Labrador region aimed at filling the emerging global supply deficit for DR-grade ore.
46 mins ago