Metallurgy news
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15.06.2026 13:00
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15.06.2026 13:00
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South African company MC Mining receives $9.94 million in financing for Makhado coking coal project South African coal developer MC Mining has announced that it has raised $9.94 million in equity financing to support the development of its flagship Makhado coal project in limpopo province.According to a company statement, MC Mining has signed binding agreements with its controlling shareholder...
15.06.2026 12:00
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Turkey's base metal production increased by 3.1 percent in April 2026 compared to March According to data released by the Turkish Statistical Institute (TUIK), in April of this year, Turkey's monthly industrial production, adjusted for the season and calendar, increased by 3.7 percent compared to the previous month, while the calendar-adjusted index increased by six percent compared...
15.06.2026 12:00
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Indian pig iron exports rebound in FY26 as US enters key growth market The export market for cast iron in India has been gaining momentum since April 2026, driven by high purchasing interest in the US and other foreign countries. Several manufacturers from eastern and western India have secured significant export orders, while additional export requests continue to...
15.06.2026 11:00
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China's heavy truck inventory will exceed 1.6 million units by 2030. Recently, the Chinese Ministry of Transport, the National Development and Reform Commission, the Ministry of Industry and Information Technology, and eight other ministries and government commissions jointly released an Implementation Plan to promote the widespread use of new energy heavy trucks,...
15.06.2026 11:00
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FAI on China's railways grew by 2.6% to 248.5 billion yuan in January-May 2026 China Railway Corporation (CRC) announced that total fixed capital investment (FAI) in China's railways was 248.5 billion yuan ($36.5 billion) in January-May this year, a historically high level for January-May, up 2.6 percent year on year.CRC said China aims to commission more 2,000 kilometers of...
15.06.2026 10:00
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China claims 47 percent of new shipbuilding orders worldwide in May 2026 In May, China attracted 47 percent of new shipbuilding orders (2.11 million CGT, 97 ships) worldwide, ranking first in the global market for the 14th consecutive month, while South Korea claimed a 44 percent share (1.99 million CGT), ranking second, according to According to data published by...
15.06.2026 10:00
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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
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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
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