Metallurgy news

• Stegra secures €1.4bn green steel financing to advance construction of Boden plant Swedish green steel producer Stegra has reached a major milestone by agreeing in principle to a €1.4 billion financing package, ensuring its flagship low-carbon steel plant in Boden can be completed.Stegra secures full financing for Boden Green Steel projectStegra has agreed in principle to secure n... 14.04.2026  13:00

• Germany supports the inclusion of green steel in the EU automotive package The German government has expressed united support for the EU's Automotive Package, endorsing the inclusion of low-carbon materials such as green steel as part of compliance mechanisms. This position was confirmed after the meeting of the coalition committee held on April 10.According to the... 14.04.2026  13:00

• Meranti Green Steel evaluates new investments in processing with the Duqm HBI project Singapore steelmaker Meranti Green Steel (MGS) is evaluating investment in steel processing alongside its low-carbon iron project in Duqm, Oman, CEO Dr Sebastian Langendorff said in a statement to local media.The company is advancing its first phase of investment, a 2.5 million tonne hot briquetted... 14.04.2026  12:00

• Car sales in Turkey decreased by four percent in the first quarter of 2026 In March of this year, car sales in Turkey totaled 105,709 units, up 16.1 percent from January and down 13 percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled 79,857... 14.04.2026  12:00

• Metinvest reduced total debt by 15% to $1.44 billion in 2025 Metinvest B.V. (Netherlands), the parent company of the mining and metallurgical group Metinvest, in 2026 must repay $428 million on 2026 bonds at a rate of 8.5% per annum and $42 million on other obligations, for a total of $470 million. According to a presentation based on the annual report of... 14.04.2026  12:00

• US releases final AD margins for PC thread from Spain The U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) ruling on prestressed steel wire (PC) from Spain for the period June 1, 2023, through May 31, 2024.DOC has determined that Global Special Steel Products S.A.U. carried out... 14.04.2026  11:00

• Imports of coking coal to Turkey decreased by 2.7 percent in January-February 2026, the volatile trend continues. In February of this year, the import of coking coal to Turkey amounted to 211,514 metric tons, which is 56.0 percent less than in January and 5.9 percent more year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports... 14.04.2026  11:00

• NBS: China rebar prices down 0.3 percent in early April 2026 At the beginning of April (April 1-10) this year, the average price in China of HRB 400E 20mm rebar decreased by 10.2/mt ($1.5/mt) or 0.3 percent to 3181.6 yuan/t ($463/t) compared to the price at the end of March (March 21-31), as announced by the National Bureau of Statistics of China. During the... 14.04.2026  10:00

• CAAM: Car sales in China decreased by 5.6% in January-March 2026 In the period from January to March of this year, car production and sales in China totaled 7.039 million units and 7.048 million units, down 6.9% and 5.6% year-on-year, respectively, according to the Chinese Association of Automobile Manufacturers (CAAM).During the specified period, exports of... 14.04.2026  10:00

• U.S. crude steel production up 0.7 percent – ​​Week 15 of 2026 According to the American Iron and Steel Institute (AISI), for the week ending April 11, 2026, U.S. domestic crude steel production was 1.843 million net tons, with a capacity utilization rate of 79.8 percent.Production for the week ending April 11, 2026 increased 0.7 percent compared to the... 14.04.2026  03:00