[SMM Titanium Express] Asahi Kasei, Nippon Steel and Nippon Steel Trading have jointly launched a titanium recycling system for chlor-alkali electrolysis cells, processing production scrap into pure titanium feedstock for corrosion-resistant anode components. Through supply chain collaboration and digital traceability, the closed-loop system enhances resource efficiency and reduces environmental impact. The partners plan to expand cooperation to further integrate secondary raw materials into production processes.

[SMM Steel] Andhra Pradesh Chief Minister N. Chandrababu Naidu announced that construction of the ArcelorMittal/Nippon Steel (AM/NS) integrated steel plant in Anakapalli district will officially begin with a groundbreaking ceremony on March 23, 2026. The state government aims to complete the project by March 2028, alongside plans to accelerate industrial development and establish new industrial clusters in the region.

【SMM Steel】Toyota began buying green steel from Nippon Steel, JFE, and Kobe Steel late last year. Green steel costs ~40% more than conventional, but govt subsidies help. Volumes undisclosed. Using EAFs instead of blast furnaces cuts CO₂ by ~75%. Toyota gets official certificates, joining Nissan and Isuzu. The move by the world's top automaker may push wider adoption of cleaner tech.

December 21, 2025，ArcelorMittal Nippon Steel (AM/NS) India has announced the commissioning of a new coke oven battery at its Hazira plant. With a designed capacity of 1.5 million tonnes per year, this addition is part of the company’s broader strategy to achieve self-sufficiency in raw materials for its blast furnace operations. This move reduces the plant's reliance on merchant coke imports, impacting the regional trade balance for coking coal and coke in South Asia.

Since Q2, the issuance of local government bonds has significantly accelerated. A review of the Special Bond Information Network by reporters revealed that as of June 12, local government bond issuance this year had exceeded 4 trillion yuan, with newly added special bonds accounting for nearly 40%. Experts stated that fiscal policy will remain one of the key supports for economic resilience in Q2, and the issuance of local government bonds is expected to further increase, driving steady growth in infrastructure investment throughout the year. This year, there has been a notable increase in the issuance scale of new bonds allocated to major projects through local government bonds, primarily in the form of newly added special bonds. Data shows that among the 4,483.4 billion yuan of local government bonds issued so far, 1,645.7 billion yuan are newly added local government bonds, and 359.6 billion yuan are newly added general bonds.

According to CME's "FedWatch Tool": The probability that the US Fed will maintain interest rates unchanged in May is 96.3%, and the probability of a 25-basis-point interest rate cut is 3.7%. The probability that the US Fed will maintain interest rates unchanged by June is 22.1%, the cumulative probability of a 25-basis-point interest rate cut is 75.0%, and the cumulative probability of a 50-basis-point interest rate cut is 2.8%.