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Editor's Note
Dear Readers,
POMINI Long Rolling Mills Srl stands at the forefront of the long rolling mill sector, recognised globally for providing innovative, high-performance solutions tailored for steelmakers. The February newsletter of Iron & Steel Review features an insightful interview with Ernesto Bottone, Chief Executive Officer of POMINI Long Rolling Mills Srl. The discussion offers a glimpse into the future of long-rolling technology and POMINI’s strategic vision for continued success. Additionally, the newsletter provides insight into the performance of the Indian steel industry, highlighting a mixed bag of trends observed in January 2026.
In national news, it is noteworthy that Synergy Advanced Metals Limited has signed a Memorandum of Understanding with the Ministry of Steel, GoI. This collaboration aims to engage in the PLI Scheme for speciality steel. On the international front, Primetals Technologies has bagged the Final Acceptance Certificate from Rizhao Steel, marking the successful installation of its innovative LevCon Bender Anti-Bulging system across all five Arvedi ESP high-speed casters.
Stay informed by reading the February newsletter! Santosh Mahanti, Editor & CMD |
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“India will remain a strategic focus market for PLRM over the next decade and beyond”
In the February issue of Iron & Steel Review, an interview was conducted with Ernesto Bottone, Chief Executive Officer of POMINI Long Rolling Mills Srl. With a rich background in industrial plant engineering and a deep commitment to innovation, Bottone shares his professional journey and the significance of POMINI’s role in the steel industry.
The following is an edited excerpt from the interview, which appears in Iron & Steel Review’s February issue.
POMINI has a long-standing reputation for engineering excellence in long rolling. Could you start by sharing your professional journey and what motivated you to take on a global leadership role within POMINI Long Rolling Mills Srl?
For several decades, I have worked in the field of industrial plant engineering. My experience spans sectors such as petrochemical, oil & gas, and the steel industry, across the various stages of the production cycle. Throughout my career, I have worked extensively in several countries, including Nigeria, Libya, the United Arab Emirates, and Iran.
It is a great honour for me to hold the role of leading POMINI Long Rolling Mills Srl, a company that represents a milestone in the history of Italian industry. In fact, in this very 2026 we celebrate the company’s 140th anniversary! During this long journey, the company has designed and built hundreds of plants worldwide, introducing engineering solutions, innovations, and patents that have revolutionised the steel rolling sector.
I firmly believe that we don’t just sell machines and plants, but also promote the company’s culture and traditions.
How would you describe POMINI’s current global presence in the long-rolling sector? Which regions are currently the strongest markets, and where do you see the highest potential for long-term growth?
Let’s start by saying that POMINI Long Rolling Mills Srl (PLRM henceforth) has a base of more than 500 installed plants in the world, which means a significantly strong activity in the global market, especially in the PRC, Indian region, where we successfully completed some 20 projects, in the Far East, in Europe and in the Mediterranean region. Obviously, we strive to further expand our presence. For greenfield projects, we currently see good opportunities in the UAE and in the North American market; in fact, we established a branch in the USA. On the other hand, in Europe, there’s room for interesting brownfield projects.
Sure enough, though we highlight India and the Indian subcontinent as the market which appears to have the most promising development perspectives in the years ahead.
With specific reference to long products, it is reasonable to state that India currently offers the most compelling prospects for global market development. Indian steel long product output increased by approximately 70% between 2012 and 2021, and forecasts suggest that production will surpass 100 million tons per year by 2030. This growth corresponds to a projected Compound Annual Growth Rate (CAGR) of around 5-6%, supported by rising consumption across all steel sectors — primarily in carbon grades, as well as in quality and special steels.
In light of these dynamics, we firmly believe that India will remain a strategic focus market for PLRM over the next decade and beyond.
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Performance of the Indian Steel Industry in January 2026
In January 2026, the Indian steel industry showcased a blend of growth and decline. The production of crude steel reached 14.267 Million Tonnes (MT), marking a notable increase of 4.1% compared to January 2025, though it experienced a decline of 3.5% from December 2025.
Key production figures revealed that pig iron production stood at 0.697 MT in January 2026, reflecting a modest growth of 0.3% year-on-year but a 1.7% decrease from the previous month. Hot metal production also witnessed an uptick, reaching 8.399 MT — up by 2.5% from January 2025, yet down by 0.5% compared to December 2025.
However, the performance of finished steel revealed concerning trends, as production totals reached 13.555 MT in January 2026. While this represents a 3.2% increase year-on-year, it is a stark 3.6% drop from December figures. On the trade front, finished steel imports dropped to 0.252 MT, a 73.3% decline compared to January 2025, and down by 45.0% from December 2025.
Contrasting with imports, exports of finished steel surged to 0.681 MT in January 2026, marking a growth of 72.4% year-on-year and a 10.5% increase from December 2025. Meanwhile, consumption of finished steel reached 14.162 MT, up by 3.0% from January 2025, although it saw a 2.0% decrease from December 2025.
Significantly, India emerged as a net exporter of finished steel in January 2026, highlighting the country’s shifting dynamics in the global steel market. |
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SAML Collaborates with the Indian Government to Boost Speciality Steel Production
Synergy Advanced Metals Limited (SAML) has officially inked a Memorandum of Understanding (MoU) with the Ministry of Steel, Government of India, aimed at participating in the Production-Linked Incentive (PLI) Scheme for speciality steel.
SAML has successfully entered into 4 MoUs with the Ministry, following the approval received through the review process conducted by MECON, the Programme Management Agency appointed to oversee the PLI scheme’s implementation and ensure compliance with eligibility criteria.
On the occasion of the MoU signing, Anubhav Kathuria, Managing Director of SAML, said, “This is a landmark moment for us, reinforcing our commitment to India’s vision of becoming a global player in speciality steel manufacturing. By aligning with the national priorities of Make in India and Aatmanirbhar Bharat, this partnership enables us to enhance our domestic production of stainless steel products.” |
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Primetals Technologies Commissions LevCon Bender Anti-Bulging system on All Five Rizhao Steel Arvedi ESP Lines
Primetals Technologies has received the Final Acceptance Certificate (FAC) from leading Chinese steelmaker Rizhao Steel for the successful installation of its innovative LevCon Bender Anti-Bulging system across all five Arvedi ESP high-speed casters. With this upgrade, the Rizhao plant — the world’s largest ESP facility with an annual capacity exceeding 11 MT — remains at the cutting edge, featuring the latest solutions from Primetals Technologies.
The LevCon Bender Anti-Bulging technology, patented by Primetals Technologies, was first successfully tested and implemented in 2021 at the Arvedi ESP master plant in Cremona, Italy, as well as on Rizhao’s ESP Line No. 5. The system enables highly precise control over bulging in slab casting, a critical factor in high-speed processes characteristic of Arvedi ESP technology.
By combining conventional mould-level control with dynamic adjustment of the hydraulically operated, position-controlled roller gap in the bender, the system actively regulates liquid steel volume at the top of the caster. This real-time control strategy continuously compensates for mould-level fluctuations caused by bulging, increasing average casting speeds, improved surface quality by reducing oscillation marks, and minimising casting powder entrapment. At the same time, it significantly lowers the risk of breakouts and liquid steel overflow.
A stable mould-bath level is essential for smooth operation in any caster but is especially critical for high-speed, high-mass-flow lines such as the Arvedi ESP. At productivity levels reaching up to 10 tonnes per minute, conventional level-control methods alone are no longer sufficient. |
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5TH INDIAN STEEL & 2ND REFRACTORY CONFERENCE
March 12-13, 2026
Next-Generation Refractory Solutions for the
Iron & Steel Industry: Challenges and Emerging Trends
Conference & Exhibition at Vivanta Kolkata EM Bypass
Website: www.isrinfomedia.com |
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