Metallurgy news
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The LME metal price index has updated its historical maximum The price index for metals traded on the London Metal Exchange (LME) rose to a historic high on Thursday amid military action in the Middle East, which sharply increased prices for copper and aluminum.Over the past four weeks, an index tracking prices of almost six% of non-ferrous metals,...
17.04.2026 18:00
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AISI warns that rising overcapacity threatens US steel industry and jobs The American Iron and Steel Institute (AISI) has called for stronger trade action to address global steel overcapacity, warning that the problem continues to threaten the viability of domestic industries and U.S. manufacturing jobs.In its report to the Office of the US Trade Representative as part...
17.04.2026 17:00
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Iran opens Strait of Hormuz to commercial vessels during cease-fire, risks remain During the ongoing war with Iran, a fragile diplomatic process is underway, while signs of de-escalation are emerging, as the cease-fire allows a limited reopening of the strategically important Strait of Hormuz. Iranian Foreign Minister Abbas Araqchi said: "In accordance with the ceasefire...
17.04.2026 17:00
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Ukrainian Metinvest reported a decrease in net loss and revenue in 2025 Ukrainian mining and metals group Metinvest announced financial results for 2025.In the reporting year, the company reported a net loss of $191 million compared to a net loss of $1.15 billion a year earlier, and sales revenue amounted to $7.24 billion, down 5.5% year-on-year, mainly due to the...
17.04.2026 16:00
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HRC exports from the United States in February 2026 decreased by 5.5 percent compared to January According to the U.S. Department of Commerce, exports of hot-rolled coils to the United States in February this year totaled 48,455 tons, which is 5.5 percent less than in January and 2.8 percent higher than in February 2025. In value terms, exports of heat-rolled products totaled $53.52 million in...
17.04.2026 16:00
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India and Russia begin negotiations to expand cooperation in the steel industry India and Russia have initiated engagement to explore expanded sourcing of raw materials, technological cooperation, equipment manufacturing and research capabilities between the countries in the steel sector, according to an official government announcement on Friday, April 17.A Russian...
17.04.2026 15:00
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HDG imports to the United States in February 2026 decreased by 26.6 percent compared to January. According to preliminary data from the U.S. Department of Commerce, imports of hot-dip galvanized sheets to the United States totaled 71,861 tons in February this year, which is 26.6 percent less than in January and 54.2 percent less than in February 2025. 181.33 million dollars in the same month...
17.04.2026 15:00
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Eurozone industrial production in February 2026 increased by 0.4 percent compared to January In February this year, seasonally adjusted industrial production increased by 0.4 percent in the eurozone and by 0.4 percent in the EU compared to January. Industrial production fell 0.8 percent in the euro area and 0.9 percent in the EU in January. In February 2026, compared with February 2025,...
17.04.2026 14:00
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CISA assesses the impact of the EU CBAM on steel exports from China The China Association of Metallurgy and Steel (CISA) has announced that it has held a high-level symposium to assess the impact of the EU Carbon Boundary Regulation Mechanism (CBAM) on Chinese steel exports.The symposium gathered more than 140 participants, including representatives of major...
17.04.2026 14:00
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South Korea's POSCO calls for joint action to decarbonize steel Chang In-hwa, chairman of South Korean steel company POSCO Holdings, stressed the importance of closer international cooperation to support the steel industry's transition to decarbonization. He delivered the message during a meeting of the World Steel Association's executive committee in...
17.04.2026 13:00
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