Metallurgy news
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Thyssenkrupp completed the sale of the remaining stake in AST to Arvedi GroupGerman steel company Thyssenkrupp has announced that it has completed the sale of the remaining 15 percent stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Italian company Arvedi Group. The transaction completes the agreement reached in 2021 for the sale of the Terni…
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Fives will supply electric steel processing lines to Sanbao Group in ChinaFrench engineering company Fives announced that it has signed a contract with Fujian Kunbao New Materials, a subsidiary of China's Sanbao Group, to design and supply two complete decarburization and coating lines for grain-oriented electrical steel production in Zhangzhou, Fujian Province.According…
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Manganese ore shipments through Port Hedland increased by 34.9 percent in May 2026 compared to AprilAccording to monthly data released by the Port Hedland Port Authority, shipments of manganese ore from Australia's Port Hedland totaled 141,291 metric tons in May this year, up 34.9 percent month-on-month and 72.3 percent year-on-year.Meanwhile, China accounted for 89.4 percent of total manganese…
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Jindal Steel Exceeds Performance Guarantees with Danieli Slab Casting TechnologyIndian steelmaker Jindal Steel has achieved production results above guaranteed performance levels on its two double-layer slab rollers supplied by Italian manufacturer Danieli Technologies for its Angul plant in India.According to Danieli, the two double-layer rollers at Jindal Steel's No. 2…
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The EU is considering extending free ETS quotas for industries investing in EuropeThe European Commission is preparing to propose changes to the European Union's Emissions Trading System (ETS) that would extend the allocation of free emission quotas to industrial sectors in exchange for commitments to invest in the EU, according to an internal Commission document seen by Reuters.
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MOC: The average price of rebar in China decreased by 0.2 percent from June 1 to June 7, 2026The Ministry of Commerce of China (MOC) announced that from June 1 to June 7 this year, the average prices of finished steel in China continued to indicate a decline.During this period, the average prices of sheet steel, rebar and high-speed wire rod decreased by 0.4%, 0.2% and 0.1% per week…
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Coking coal imports to Turkey decreased by 1.1 percent in January-April 2026In April of this year, imports of coking coal to Turkey totaled 364,674 metric tons, down 14.7 percent from March and 38.1 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports totaled $68.07 million, down…
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CAAM: Passenger car sales in China fell by 6.2 percent in January-May 2026In January-May this year, production and sales of passenger cars in China amounted to 10.349 million units and 10.318 million units, decreasing by 6.6% and 6.2% year on year, respectively.In May alone, production and sales of passenger cars in China amounted to 2.241 million units and 2.253 million…
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CAAM: Commercial vehicle sales in China increased by 7.7 percent in January-May 2026In January-May of this year, production and sales of commercial vehicles in China totaled 1,886 million units and 1,888 million units, an increase of 8.0% and 7.7% year-on-year, respectively, according to the Chinese Association of Automobile Manufacturers (CAAM).In May alone, China's commercial…
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Exports of wire rod from Brazil fell 37% in May, while imports fell 85%.Brazil's wire rod exports reached 15,200 tons in May, up from 24,100 tons in April, according to the SECEX foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.The decline was mainly caused by a 79 percent decline in shipments to South America.Destinations included…
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