Metallurgy news
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China Steel’s revenue rises 6.2% in first nine months of 2026Taiwan’s China Steel Corporation (CSC) reported revenue of NTD 256.67 billion ($7.88 billion) for January-September 2026, up 6.2% year on year. Operating profit was NTD 4.55 billion, compared with an operating loss of NTD 4.26 billion in the same period of 2025.Steel product sales reached 5.62…
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Jindal India commissions galvanizing line in West BengalIndia’s Jindal India Limited has commissioned a new continuous galvanizing line at its steel mill in West Bengal. The company invested $5 million in the project, according to a statement issued on Wednesday, October 29.The upgrade will increase the mill’s output of prime coils by 51% to 889 metric…
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Cleveland-Cliffs says Stelco meets all Canadian commitmentsUS-based Cleveland-Cliffs said its subsidiary Stelco is meeting all 34 commitments it made when the Canadian steelmaker was acquired. The company sent an updated compliance report to Canada’s Industry Minister, Mélanie Joly, on October 26.Following an “exhaustive review” with legal counsel, Stelco…
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Gerdau looks to higher iron ore output to lift Brazilian resultsBrazilian steelmaker Gerdau expects higher iron ore production at its Miguel Burnier mine in Minas Gerais to improve its domestic results. CEO Gustavo Werneck outlined the plan while discussing the group's third-quarter 2026 results.The project calls for an estimated $640 million investment. Gerdau…
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Canadian new vehicle sales fall 0.8% in AugustCanada sold 174,611 new motor vehicles in August 2026, down 0.8% from July but up 4.9% from a year earlier, according to Statistics Canada.The value of sales totaled $9.89 billion, compared with $10.08 billion in July and $9.09 billion in August 2025. Sales of North American-made vehicles reached…
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Turkey’s iron and steel imports rise 1.4% in January–SeptemberTurkey’s iron and steel imports totaled $16.98 billion in January–September 2026, up 1.4% from the same period last year, according to provisional foreign trade data from the Turkish Statistical Institute (TUIK).In September, however, the value of imports fell 10.6% year on year to $1.61 billion…
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European steelmakers weigh decarbonization against competitivenessParticipants at the European Steel Forum in Udine identified the conditions needed for the industry’s shift to lower-carbon production: affordable clean energy, suitable raw materials and rules that make investment viable. The forum, organized by the Association for Iron & Steel Technology (AIST)…
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LME launches hot-rolled coil futures contract linked to SHFEThe London Metal Exchange (LME) launched a futures contract linked to the Shanghai Futures Exchange’s (SHFE) hot-rolled coil price benchmark on October 27, 2026. Cleared volume reached 2,513 lots on the first trading day, the LME said.The cash-settled contract trades under the code HS. Each lot…
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GreenIron shortlisted for up to €20 million from EU Innovation FundSwedish company GreenIron has passed the EU Innovation Fund’s selection stage and been invited to prepare a grant agreement worth up to €20 million. The company develops hydrogen-based metals technology and plans to build an industrial facility. GreenIron said its project was one of 77 selected…
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Japan to impose final duties on stainless steel from China and TaiwanJapan’s Cabinet has approved definitive antidumping duties on nickel-containing cold-rolled stainless steel from China and Taiwan. The measures will take effect on October 31, 2026, and remain in force until October 30, 2031, the Ministry of Finance said.The duties range from 27.7% to 42.1% for…
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