The project is considered one of the most anticipated investments in the country's steel sector

Egyptian steel producer Ezz Steel has announced plans to invest approximately $1.16 bilion over the next two years to expand itsproduction capacity

India's crude steel production has been provisionall estimated at 14.147 million mt in December 2025

The Indian government will take policy initiatives to prioritize higher steel production and raw material security

The figures suggest that, rather than a uniformdecline on the global supply side, production centers are gradually becoming more diversified.

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 140.1 million tonnes (Mt) in November 2025, a 4.6% decrease compared to November 2024.

Fortescue has signed a technology development agreement with Taiyuan Iron and Steel

According to China General Custom Notice , from Jan 1,2026 , Chinese Export Companies have to apply export license on Iron and Steel Products.