Metallurgy news

• China's core finished steel product inventories rose 3.6% in early July 2026 As of July 10 this year, total domestic inventories of five major finished steel products in China's 21 major cities totaled 9.69 million tons, up 3.6 percent from June 30, compared with a 0.1 percent increase recorded at the end of June (June 21-30), the China Iron and Steel Association (CISA)... 15.07.2026  15:00

• Indian company Jindal SAW Limited expects consolidated net profit to fall by 75 percent in the first quarter of fiscal year 2026-2027 According to the company's statement released on Wednesday, July 15, the Indian company Jindal SAW Limited achieved a consolidated net profit of 1.04 billion Indian rupees (10.81 million US dollars) in the first quarter (April-June) of the 2026-27 fiscal year, which is 75.47 percent less than in... 15.07.2026  15:00

• India has received a large quota for duty-free steel exports as part of a trade agreement between India and the UK. India has received a significantly higher duty-free quota for steel exports to the UK than other exporting countries following a review of market access conditions under the Comprehensive Economic and Trade Agreement between India and the UK (CETA), potentially increasing the value of Indian steel... 15.07.2026  14:00

• Rio Tinto's iron ore production increased by five percent in the first half of the year Australian mining giant Rio Tinto has announced that its global iron ore production increased by five percent year-on-year to 169.9 million tonnes in the first half of 2026, boosted by improved operating performance in the Pilbara, where the company achieved its highest production level in the... 15.07.2026  14:00

• The Chinese company Henan Jiyuan ordered a flowering charmer from Danieli Chinese steel company Henan Jiyuan Iron & Steel has awarded Italy's Danieli a contract to supply a new four-strand arc-type continuous casting machine to its Jiyuan plant in Henan Province.With a radius of 18.5 meters, the casting machine will produce round alloy steel blooms ranging from 600mm to... 15.07.2026  13:00

• BHP Port Hedland workers to continue strike after labor talks fail Workers at the Australian mining company BHP's iron ore facility in Port Hedland will continue their planned strike after the latest round of negotiations between the company and unions failed to reach an agreement, according to a Reuters report. According to the BHP United Ports Union, the workers... 15.07.2026  13:00

• Low Rhine water levels raise logistics costs, force Thyssenkrupp Steel to cut blast furnace production Falling water levels on Germany's Rhine River are increasing transport costs and disrupting logistics, adding pressure on the country's industrial sector, according to a Reuters report, while local steelmaker Thyssenkrupp Steel has slightly reduced blast furnace production due to limited raw... 15.07.2026  12:00

• SSAB resumes construction of fossil fuel-free steel mill in Luleå Swedish steel company SSAB has announced that construction work at its new fossil fuel-free steel plant in Lulea, suspended on June 26 after readings from a portable gas detector, will resume under controlled conditions on Week 29.The detectors detected low concentrations of hydrogen cyanide that... 15.07.2026  12:00

• Uzmetkombinat puts into operation the country's first complex of hot-rolled products The Government of Uzbekistan has announced the commissioning of a new foundry and rolling complex at the Uzbek steel mill Uzmetkombinat in Bekabad, marking the launch of the country's first hot-rolled steel plant.President of Uzbekistan Shavkat Mirziyoyev attended the commissioning ceremony and... 15.07.2026  11:00

• Outokumpu orders upgrade of double-bucket furnace for stainless steel plant in Alabama Finnish stainless steel manufacturer Outokumpu has awarded Primetals Technologies with an order to upgrade the ladle processing stand at its Calvert plant in Alabama to a 180-ton double-bucket furnace, which is scheduled to launch in March 2028.Replacing equipment commissioned in 2012, the new... 15.07.2026  11:00