Metallurgy news
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FAI on China's railways grew by 2.6% to 248.5 billion yuan in January-May 2026China Railway Corporation (CRC) announced that total fixed capital investment (FAI) in China's railways was 248.5 billion yuan ($36.5 billion) in January-May this year, a historically high level for January-May, up 2.6 percent year on year.CRC said China aims to commission more 2,000 kilometers of…
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China claims 47 percent of new shipbuilding orders worldwide in May 2026In May, China attracted 47 percent of new shipbuilding orders (2.11 million CGT, 97 ships) worldwide, ranking first in the global market for the 14th consecutive month, while South Korea claimed a 44 percent share (1.99 million CGT), ranking second, according to According to data published by…
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The number of drilling rigs in the USA decreases, in Canada it increases - Week 24, 2026.Baker Hughes reported that for the week ended June 12, 2026, the number of U.S. rotary drilling rigs fell by one rig week over the week to 562.The number of gas production rigs fell by three to 121, while the number of oil production rigs rose by two to 433. The total number of U.S. drilling rigs…
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Car production in Brazil increased by 10.6 percent in MayAccording to the Brazilian Association of Vehicle Manufacturers (ANFAVEA), car production in Brazil reached 253,500 units (passenger cars, light commercial vehicles, trucks and buses) in May, up 6.3 percent from 238,500 units in April 2026.Car sales in the domestic market increased by 10.6 percent…
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Brazilian exports of heavy sheets fell 97 percent in MayBrazil exported 300 metric tons (mt) of plate in May, up from 11,300 t in April, according to SECEX, the secretariat of foreign trade of the Ministry of Development, Industry and Foreign Trade.The May volume, by far the lowest in recent years, reflects a combination of factors that include the…
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US issues final order for cold drawn mechanical pipes from IndiaThe U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) order with respect to certain carbon and alloy steel cold drawn mechanical tubing (cold drawn mechanical tubing) from India for the period June 1, 2023 through May 31…
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The annual cost of exporting steel from Kazakhstan to the EU may amount to more than 100 million euros.The International Trade Center (ITC), in partnership with the Kazakhstan Trade Development Agency QazTrade, presented a report assessing the readiness of Kazakhstan's aluminum, ferrous metallurgy and steel industries to comply with the European Union's Carbon Boundary Regulation Mechanism…
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Iran lifts restrictions on exports of steel slabs and flat rolled productsTemporary restrictions on Iran's export of slabs and some types of flat rolled products expired as of May 30. The country has not announced an extension of the restrictions, so the ban on exports of these products has been lifted, according to local media reports.This step lifts the restrictions…
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Rio Tinto and China Baowu complete direct reduction trials using Pilbara Blend iron oreAustralian mining company Rio Tinto announced that, together with China Baowu, they have successfully completed a commercial palletization and direct reduction trial in China using Pilbara Blend iron ore, marking a significant step in efforts to develop low carbon steel production technologies.The…
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India rejects US accusations of excessive steel productionIndia does not have excess steel or textile production, and its capacity should be assessed in the context of population, domestic demand and economic growth, and it rejects such accusations by the U.S. Department of Commerce, an Indian government official said on Friday, June 12.Investigations by…
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