Metallurgy news
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Indian company LMEL forecasts a 53% increase in iron ore production in the first quarter of fiscal year 2026-2027The Indian company Lloyds Metal and Energy Limited (LMEL) reached an iron ore production level of 6.05 million tons in the first quarter (April-June) of the 2026-2027 fiscal year, which is 53 percent higher, according to the company's statement on Thursday, July 2.The company stated that the…
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The United States has published the final results of the CVD inspection for fittings from TurkeyThe US Department of Commerce (DOC) has published the final results of the administrative review of the Countervailing Duty Order (CVD) for reinforced concrete reinforcing rod (rebar) from Turkey for the period from January 1, 2023 to December 31, 2023.The Ministry of Commerce has determined that…
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The EU is imposing quotas on imports of finished steel from South America, violating the landmark MERCOSUR trade agreement.Two months after the landmark free trade agreement between the EU and MERCOSUR entered into temporary force on May 1, the EU unexpectedly imposed quotas on imports of finished steel products from South America, violating the previous agreement for unspecified reasons, according to media…
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TCUD: Crude steel production in Turkey will grow in January-May, steel exports to the EU are expected to exceed 3.0 million tons under the new quota regimeAccording to a statement released by the Turkish Steel Producers Association (TCUD), in May this year, Turkey's crude steel production increased by 8.9 percent year-on-year to 3.44 million tons, while in the first five months of the year, the country's crude steel production increased by 6.8…
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TYASA has ordered a vacuum degassing unit from Primetals to expand the production of special steelsThe Mexican steel company TYASA has signed a contract with Primetals Technologies for the supply of a double vacuum degassing (VD) unit to its plant in Iztacoquitlan in order to increase the capacity of the smelter, increase production efficiency and expand the portfolio of high-quality steel…
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South Korea unveils plan to boost domestic steel demand after EU tightens import measuresSouth Korean Industry Minister Kim Jong-kwan said the South Korean government will seek to create new domestic demand for steel products to support its steel industry after the European Union imposes stricter measures on steel imports, according to South Korean media reports.Mr. According to the…
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Fortescue surpassed 200 million tons of annual iron ore shipments for the first timeAustralian iron ore producer Fortescue Metals Group has announced that it has shipped 200 million tonnes of iron ore in one year for the first time in its history, bringing total iron ore shipments to over 2.5 billion tonnes since the first shipment was exported in May 2008.The company emphasizes…
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ArcelorMittal calls on EU to extend CBAM and TRQ to downstream steel productsArcelorMittal welcomed the introduction of the Carbon Border Adjustment Mechanism (CBAM) in January 2026 and changes to the EU Tariff Rate Quota (TRQ) system in July 2026, calling them an important first step towards creating a more level playing field for the European low-carbon steel industry…
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EU steelmakers welcome new quota system, UK industry warns of problems with market accessThe recently announced EU trade measure, which replaces the previous protective regime with a stricter tariff quota system, has attracted widespread support from European steel producers, who see its introduction as a necessary response to global overcapacity and import pressure, while…
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The value of exports of non-ferrous metals from South Africa decreased by 11.4 percent in January-May 2026.According to data released by the South African Revenue Service (SARS), in May of this year, the value of exports of base metals and products made from them from South Africa amounted to 14.17 billion South African rand (832.75 million dollars), which is 11.3 percent more than in April. In the…
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