Metallurgy news
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POSCO union announces 120-hour partial strike due to deadlock in wage negotiationsThe union of the South Korean steel company POSCO announced a second partial strike lasting 120 hours at the company's factories in Pohang and Gwangyang, which led to an escalation of strikes after resumed negotiations with management over wages did not lead to an agreement, media reported. The…
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The auction for the sale of AHMSA and MINOSA is scheduled for September 25, with a starting price of $1.127 billion.The Second District Court of Mexico for Commercial Insolvency confirmed that the auction for the sale of the Altos Hornos de Mexico steel company (AHMSA) and the Minera del Norte mining company (MINOSA) is still scheduled for September 25, 2026, in which six qualified participants are interested in…
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Daily crude steel production at CISA plants increased by 2% in early September 2026, and inventories also increased.The China Association of Ferrous Metallurgy (CISA) announced that in early September (September 1-10) of this year, the average daily volume of crude steel production at large and medium-sized metallurgical enterprises in China - all CISA members - amounted to 1,924 million tons, which is 2.0% more…
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Investments in China's railways in January—August 2026 increased by 1.5% and reached 511.8 billion yuan.The China Railway Corporation (CRC) reported that in January — August of this year, investments in fixed assets of China's railways amounted to 511.8 billion yuan ($75.6 billion), which is 1.5% more than in the same period last year. The growth of investments in fixed assets of the national railway…
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HD imports to the United States in July 2026 decreased by 7.4% compared to JuneAccording to preliminary data from the US Department of Commerce, in July, imports of hot-dip galvanized sheets to the United States amounted to 71,580 tons, which is 7.4% less than in June and 48.9% lower than in July 2025. In value terms, HDG imports in July 2026 amounted to 71.9 million dollars…
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Brazil's crude steel production decreased by 6.2% year-on-year in AugustAccording to the Brazilian Steel Institute IABR, Brazil's crude steel production in August 2026 was 2.693 million tons, compared with 2,870 million tons in August 2025, down 6.2% from last year..On the same basis, the volume of rolled products increased by 1.1% to 2,002 million tons. The production…
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HRC exports from the United States decreased by 25.6% in July 2026 compared to June.According to the export data of the US Department of Commerce, exports of hot-rolled coils (HRC) from the United States in July this year amounted to 45,640 tons, which is 25.6% less compared to the previous month and 21.2% year-on-year. In value terms, HRC exports in July 2026 amounted to 54.6…
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CISA called on Chinese enterprises to control production volumes and reduce inventoriesDue to the fact that China's steel industry is showing oversupply and weak demand from processing enterprises even at the height of the traditional September season, the Chinese Association of Ferrous Metallurgy (CISA) called on domestic manufacturers to control production and strive to reduce…
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Indian exporters are waiting for clarity after the introduction of new EU quotas for the FTAThe mechanisms of tariff quotas for steel (TRQ) under the India-EU Free Trade Agreement (FTA), which were initially seen as providing India with greater access to the EU steel market, have come under increased scrutiny following the publication of detailed product distributions. Although the…
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In August 2026, the number of new cars registered in Turkey decreased by 17.2% compared to July.According to data published by the Turkish Statistical Institute (TUIK), in August of this year, the number of registered new cars in Turkey decreased by 17.2% compared to the previous month and by 20.1% year-on-year, to 171,887 units.The number of registered new passenger cars in August It…
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