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KEY DEVELOPMENTS

Selected developments from our published coverage.

Latest source date: 15 September 2026Beta
01 Europe / Italy / Mill Operations

Italian court confirms shutdown order at Taranto steelworks

Rows of steel coils stored inside a steel warehouse
Steel coils in storage. Context photograph.
Photo creditArosset / Wikimedia Commons · CC BY-SA 4.0 · Display cropped; original unmodified.

The Milan Court of Appeal upheld an order to shut down and remediate the hot-end area at Acciaierie d’Italia’s Taranto works over inadequate environmental safeguards. Italy’s only integrated steelworks is important to domestic flat-steel supply. The ruling confirms a shutdown order; it does not establish that operations have already stopped.

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02
Europe / Germany / Mill Operations

ArcelorMittal plans major restructuring of Duisburg operations

ArcelorMittal plans to close Duisburg’s steel shop and billet rolling mill after its hot-metal contract ends in September 2027, subject to supervisory-board approval. The wire-rod mill would continue with billets from other group sites and external suppliers; Hamburg is a potential source of lower-carbon semis.

03
Europe / Germany / Investment & Capacity

Salzgitter expands heavy-plate capability at Mülheim

Salzgitter Mannesmann Grobblech commissioned a hot straightening machine at Mülheim an der Ruhr. The investment expands processing of particularly thick, high-strength plate for energy infrastructure, including offshore-wind foundations and support structures.

04
Europe / Germany / Decarbonisation

Salzgitter signs major renewable-power deal for low-carbon steel

Salzgitter Flachstahl and Zelestra agreed a long-term power supply contract covering 147 MW of solar capacity and 79 MW / 237 MWh of battery storage across two projects. The renewable electricity will support lower-carbon steel production under SALCOS.

05
China / Australia / Raw Materials & M&A

China Baowu considers stake in BHP iron-ore mine

China Baowu is considering a minority stake in BHP’s Jimblebar iron-ore mine in Western Australia, Reuters reported, citing sources. No transaction has been finalised. The possible investment would deepen the steelmaker’s upstream raw-material interests.

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Europe / Germany · Decarbonisation 15 Sept 2026

Salzgitter signs major renewable-power deal for low-carbon steel

Salzgitter Flachstahl and Zelestra agreed a long-term power supply contract covering 147 MW of solar capacity and 79 MW / 237 MWh of battery storage across two projects. The renewable electricity will support lower-carbon steel production under SALCOS.

Europe / Italy · Mill Operations 11 Sept 2026

Italian court confirms shutdown order at Taranto steelworks

The Milan Court of Appeal upheld an order to shut down and remediate the hot-end area at Acciaierie d’Italia’s Taranto works over inadequate environmental safeguards. Italy’s only integrated steelworks is important to domestic flat-steel supply. The ruling confirms a shutdown order; it does not establish that operations have already stopped.

Europe / India · Trade 11 Sept 2026

EU-India trade deal moves toward signature

The European Commission submitted proposals to the Council for signature and conclusion of the EU–India FTA. The agreement is not yet in force. Traders must distinguish potential future FTA treatment from import rules currently applicable.

China / Australia · Raw Materials & M&A 4 Sept 2026

China Baowu considers stake in BHP iron-ore mine

China Baowu is considering a minority stake in BHP’s Jimblebar iron-ore mine in Western Australia, Reuters reported, citing sources. No transaction has been finalised. The possible investment would deepen the steelmaker’s upstream raw-material interests.

Europe / Germany · Mill Operations 3 Sept 2026

ArcelorMittal plans major restructuring of Duisburg operations

ArcelorMittal plans to close Duisburg’s steel shop and billet rolling mill after its hot-metal contract ends in September 2027, subject to supervisory-board approval. The wire-rod mill would continue with billets from other group sites and external suppliers; Hamburg is a potential source of lower-carbon semis.

Europe / Germany · Investment & Capacity 3 Sept 2026

Salzgitter expands heavy-plate capability at Mülheim

Salzgitter Mannesmann Grobblech commissioned a hot straightening machine at Mülheim an der Ruhr. The investment expands processing of particularly thick, high-strength plate for energy infrastructure, including offshore-wind foundations and support structures.