Metallurgy news

• Vietnam's Vnsteel expands distribution network with new Khanh Hoa Warehouse Vietnamese steel company Vnsteel has announced the official opening of a new warehouse complex in Khanh Hoa Province, marking its return to the South and Central Vietnamese market. The project is part of the company's broader strategy to strengthen its nationwide logistics and distribution... 08.05.2026  12:00

• liuzhou Iron & Steel buys 13% stake in Guangxi Steel Chinese steel company liuzhou Iron & Steel Co., Ltd., located in Guangxi Province, announced its intention to acquire an aggregate 13 percent stake in Guangxi Steel owned by liugang Group through the issuance of shares and cash payment, and to raise auxiliary funds through the issuance of shares to... 08.05.2026  11:00

• Taiwan's CSC Reports 4.8% decrease in operating income for the first quarter of 2026 China Steel Corporation (CSC), Taiwan's largest steel producer, has announced preliminary financial results for the first three months of this year.In March, the company's carbon steel sales totaled 668,136 tons, while in the period from January to March, carbon steel sales totaled 1.84 million... 08.05.2026  11:00

• NEV wholesale sales in China were estimated at 1.22 million units in April The China Passenger Car Association (CPCA) announced that wholesale sales of new energy vehicles (NEVs) in China were estimated at 1.22 million units in April this year, up 7.0 percent year-on-year, with growth of 7.0 percent month-on-month, marking the transition of the NEV market from a low... 08.05.2026  10:00

• AISI calls for cumulative tariffs on worst-case overcapacity entities at Section 301 hearing The American Iron and Steel Institute (AISI) on May 7 called on the Office of the U.S. Trade Representative (USTR) to consider cumulative tariffs against the "worst players" among 16 countries as part of a Section 301 investigation into structural overcapacity, citing record Chinese steel exports... 08.05.2026  10:00

• Brazilian slab exports rose 131 percent in April as U.S.-European trade surged Brazilian slab exports reached 687,500 tons in April, up from 297,600 tons in March, up 131 percent from export levels in March, according to data from Secex, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.The monthly increase points to increased trade... 08.05.2026  01:00

• Car production in Argentina fell 10 percent in March According to the Argentine vehicle manufacturers' association ADEFA, Argentina produced 37,521 units (passenger cars and light commercial vehicles) in April, compared with 41,716 units in March, a decline of more than 10 percent.Exports increased 0.9 percent to 26,887 units, while domestic sales... 07.05.2026  19:00

• JFE Steel starts work on new electric furnace in Chiba Japanese steelmaker JFE Steel announced that it has officially started operations on a newly installed electric furnace at the No. 4 steel mill at its East Japan plant in the Chiba area. The company invested approximately 15 billion yen (US$95.97 million) in the project.Focus on increasing scrap... 07.05.2026  17:00

• The production of the French metallurgical industry in March 2026 increased by 0.3% compared to February According to statistics published by the French National Institute of Statistics and Economic Research (INSEE), industrial production in France decreased by 0.3 percent month-on-month in March this year after rising by one percent in February this year. In January-March, French industrial... 07.05.2026  17:00

• The value of exports of steel products from France in January-February 2026 decreased by 6.1 percent According to statistics published by the French Ministry of Economy, Finance and Industry, in January-February this year, France's exports of main types of steel and ferroalloys amounted to 1.52 billion euros, down 6.1 percent year on year.During the period, France exported steel pipes and tubes... 07.05.2026  16:00