Metallurgy news

• The number of drilling rigs in the USA decreases, in Canada it increases - Week 24, 2026. Baker Hughes reported that for the week ended June 12, 2026, the number of U.S. rotary drilling rigs fell by one rig week over the week to 562.The number of gas production rigs fell by three to 121, while the number of oil production rigs rose by two to 433. The total number of U.S. drilling rigs... 12.06.2026  23:00

• Car production in Brazil increased by 10.6 percent in May According to the Brazilian Association of Vehicle Manufacturers (ANFAVEA), car production in Brazil reached 253,500 units (passenger cars, light commercial vehicles, trucks and buses) in May, up 6.3 percent from 238,500 units in April 2026.Car sales in the domestic market increased by 10.6 percent... 12.06.2026  23:00

• Brazilian exports of heavy sheets fell 97 percent in May Brazil exported 300 metric tons (mt) of plate in May, up from 11,300 t in April, according to SECEX, the secretariat of foreign trade of the Ministry of Development, Industry and Foreign Trade.The May volume, by far the lowest in recent years, reflects a combination of factors that include the... 12.06.2026  21:00

• US issues final order for cold drawn mechanical pipes from India The U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) order with respect to certain carbon and alloy steel cold drawn mechanical tubing (cold drawn mechanical tubing) from India for the period June 1, 2023 through May 31,... 12.06.2026  18:00

• The annual cost of exporting steel from Kazakhstan to the EU may amount to more than 100 million euros. The International Trade Center (ITC), in partnership with the Kazakhstan Trade Development Agency QazTrade, presented a report assessing the readiness of Kazakhstan's aluminum, ferrous metallurgy and steel industries to comply with the European Union's Carbon Boundary Regulation Mechanism... 12.06.2026  16:00

• Iran lifts restrictions on exports of steel slabs and flat rolled products Temporary restrictions on Iran's export of slabs and some types of flat rolled products expired as of May 30. The country has not announced an extension of the restrictions, so the ban on exports of these products has been lifted, according to local media reports.This step lifts the restrictions... 12.06.2026  16:00

• Rio Tinto and China Baowu complete direct reduction trials using Pilbara Blend iron ore Australian mining company Rio Tinto announced that, together with China Baowu, they have successfully completed a commercial palletization and direct reduction trial in China using Pilbara Blend iron ore, marking a significant step in efforts to develop low carbon steel production technologies.The... 12.06.2026  15:00

• India rejects US accusations of excessive steel production India does not have excess steel or textile production, and its capacity should be assessed in the context of population, domestic demand and economic growth, and it rejects such accusations by the U.S. Department of Commerce, an Indian government official said on Friday, June 12.Investigations by... 12.06.2026  15:00

• Thyssenkrupp completed the sale of the remaining stake in AST to Arvedi Group German steel company Thyssenkrupp has announced that it has completed the sale of the remaining 15 percent stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Italian company Arvedi Group. The transaction completes the agreement reached in 2021 for the sale of the Terni... 12.06.2026  14:00

• Fives will supply electric steel processing lines to Sanbao Group in China French engineering company Fives announced that it has signed a contract with Fujian Kunbao New Materials, a subsidiary of China's Sanbao Group, to design and supply two complete decarburization and coating lines for grain-oriented electrical steel production in Zhangzhou, Fujian Province.According... 12.06.2026  13:00