Metallurgy news

• EU publishes price of first CBAM certificate for first quarter of 2026 The European Commission has published the first official price of a Carbon Border Adjustment Mechanism (CBAM) certificate, setting the level at €75.36 for the first quarter of 2026.The pricing methodology ensures that the price of a CBAM certificate corresponds to the average price of allowances u... 07.04.2026  18:00

• The US has set a zero dumping margin for wire rod from South Korea's POSCO The U.S. Department of Commerce (DOC) announced the final results of its administrative review of the anti-dumping duty order on carbon and alloy steel wire rods of South Korean companies POSCO and POSCO International Corporation for the period from May 1, 2023 to April 30, 2024.During the review... 07.04.2026  17:00

• Egypt imposes final safeguard duties on imports of certain flat products The Egyptian Ministry of Investment and Foreign Trade has announced the introduction of final protective measures on the import of certain types of flat steel products, namely HRC, CRC, HDG and PPGI, with effect from 1 April 2026 for a period of three years.Periods of the measures: First year: 2... 07.04.2026  17:00

• Tata Steel forecasts steel production in India to grow by 8% in fiscal 2025-26, reaching a record level Indian steelmaker Tata Steel limited achieved crude steel production of 23.48 million mt from its Indian operations in the fiscal year 2025-26, its highest-ever annual output with a rise of eight percent year on year, according to a company statement on Tuesday, April 7.During the fourth quarter... 07.04.2026  16:00

• Thailand's steel industry seeks protection as prices rise 10-15% in April Thailand's steel industry said prices across all product categories are expected to rise 10-15 percent in April as producers respond to rising price pressures linked to global market volatility, according to Thai media reports.Industry officials said a second round of price hikes could follow in... 07.04.2026  16:00

• French metallurgical production output in February 2026 remained unchanged from January According to statistics published by the French National Institute of Statistics and Economic Research (INSEE), industrial production in France fell 0.6 percent month-on-month in February this year, after falling 0.7 percent in January this year. In December-February, French industrial output... 07.04.2026  15:00

• Meranti HBI project in Oman progresses as planned despite regional tensions The development timeline for Singapore steel company Meranti Green Steel's low-carbon hot briquetted iron (HBI) project in Oman is not expected to be affected by ongoing regional geopolitical tensions, according to company officials who spoke to the Oman Observer. The plant is designed to produce... 07.04.2026  15:00

• Volvo Korea and POSCO collaborate on high-performance materials for next-generation equipment According to South Korean media reports, Volvo Group Korea has signed a memorandum of understanding with South Korea's POSCO Group to jointly develop high-performance materials and technologies for the production of next-generation construction equipment.The agreement was signed at Volvo Group... 07.04.2026  14:00

• SSAB suspends construction of steel plant in Luleå after worker health incidents Swedish steel company SSAB announced that it had temporarily suspended all construction work at its new steel plant in Luleå after several subcontractor workers reported illness-like symptoms.The first confirmed cases appeared on April 3, when four workers sought medical attention. A total of ... 07.04.2026  14:00

• US company Mesabi Metallics receives additional funding of $150 million for DR grade iron ore project U.S. company Mesabi Metallics, part of India's Essar Group, announced it has secured $150 million in financing from Australian multinational investment banking and finance group Macquarie Group, supporting the development of its iron ore direct reduction (DR) project in Minnesota.The financing will... 07.04.2026  13:00