Metallurgy news
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Prices for industrial products and raw materials in Canada will increase in April 2026Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose 2.0 percent month-over-month in April and increased 11.4 percent year-over-year, according to Statistics Canada. Prices for raw materials purchased by manufacturers operating in Canada, as…
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SteelAsia received green loan to expand low carbon steel productionPhilippine steelmaker SteelAsia Manufacturing Corporation announced that it has received a green loan worth PHP 1.25 billion (USD 20.30 million) from Taiwan's Cathay United Bank. The financing will support the expansion of its low-carbon steel operations in the Philippines.Financing to support EAF…
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SAIL Rourkela Steel Plant Exceeds Design Capacity on Sheet Mill Supplied by DanieliAccording to a statement released by Danieli Technologies, the Indian state-owned Steel Authority of India limited (SAIL) Rourkela Steel Plant (RSP) has achieved new operational records with a new 4.3 meter wide sheet mill supplied by Italy's Danieli Technologies.The sheet mill, designed to produce…
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TUIK: The cost of steel exports from Turkey decreased by 3.6 percent in January-April 2026According to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK), in April of this year, Turkey's foreign trade deficit decreased by 29.8 percent to $8.50 billion compared to April 2025. In the first four months of this year, Turkey's foreign trade deficit…
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TUIK: In January-April 2026, the cost of steel imports to Turkey increased by 4.4 percentThe value of Turkey's iron and steel imports rose 3.7 percent year-on-year to $2.05 billion in April this year, according to preliminary foreign trade statistics compiled by the Turkish Statistical Institute (TUIK). This month, iron and steel ranked as the country's fifth most imported commodity by…
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SSAB to resume construction of new steel mill in Luleå after safety reviewSwedish steel company SSAB announced that it is starting a controlled resumption of construction work at its new steel mill in Luleå this week after analyzing reports of symptoms of illness among subcontractor employees at the facility.According to SSAB, extensive measurements have not revealed…
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The largest EU countries insist on tightening trade policies towards ChinaSeveral major European Union member states are pushing for tougher trade and industrial policies toward China as concerns grow over market distortions, industrial overcapacity and the impact of Chinese exports on European manufacturing.A French-led group of five EU countries, including Italy…
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BHP abandons Pilbara Iron Ore Decarbonization project due to rising costs and weak economyAustralian mining company BHP has abandoned plans for a major decarbonization project at its Pilbara iron ore facilities in Western Australia, highlighting the growing economic challenges faced by initiatives to reduce industrial emissions, according to a report by The Guardian.The company has…
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UAE steel companies open steel production center in Umm Al QuwainCIM Steel Industry LLC, Rhino Steel Industries LLC and Metal Care Center Factory LLC, based in the United Arab Emirates, have launched an integrated steel production and processing project in Umm Al Quwain, marking an important industrial development milestone for the UAE.The three companies…
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Arabian Pipes signs another contract for the supply of steel pipes with Saudi AramcoSaudi Arabian Pipes Company, a pipe manufacturer, has announced the signing of a contract with Saudi Aramco, a Saudi oil company, for the production and supply of steel pipes.According to a notification from Arabian Pipes sent to the Saudi Stock Exchange, the contract value is about 48 million…
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