Metallurgy news
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NEV wholesale sales in China are estimated at 1.12 million units in March 2026The China Passenger Car Association (CPCA) announced that wholesale sales of new energy vehicles (NEVs) in China are expected to reach 1.12 million units in March this year, remaining stable year-on-year, while growing at 55.0 percent month-on-month.The Chinese New Year holiday in 2026 was…
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Heavy truck sales in China grew 17 percent in January-March 2026Between January and March this year, sales of heavy trucks (including chassis and tractors) in China totaled 309,000 units, increasing 17.0 percent year on year, according to preliminary data released by cvworld.cn, a Chinese information service provider for the auto industry.In March alone, heavy…
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AISI welcomes action to maintain the effectiveness and durability of Section 232 steel tariffs.Kevin Dempsey, President and CEO of the American Iron and Steel Institute (AISI), today applauded the actions taken by President Trump to ensure the continued effectiveness and durability of the Section 232 steel tariffs.Section 232 tariffs were initially imposed at 25 percent on steel imports and…
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Worthington Steel exceeds Kloeckner bid threshold, additional acceptance period open until April 14U.S. steel company Worthington Steel has announced the results of the initial acceptance period of its voluntary public tender for German steel and non-ferrous metals manufacturer and distributor Kloeckner & Co SE.According to Worthington Steel, after the initial acceptance period expired on March…
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Annual performance of the Chilean economy declined in FebruaryChile's central bank reported that the country's economy contracted 0.3 percent in February 2026 compared with February 2025, as measured by the IMACEC index, Chile's key economic index designed to provide quick monthly estimates of the country's economic activity.Data shows that goods production…
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Polish company Weglokoks will invest more than $2.3 billion by 2030 and shift focus to steelPolish coking coal exporter Węglokoks has unveiled a new strategy to 2030, planning investments of more than $2.3 billion aimed at transforming its business model and reducing its dependence on coal, according to local media reports.The group is set to reposition itself to focus on steel, energy…
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TCUD: Turkish steel production will increase in February 2026, but exports will fall even moreCrude steel production rose 3.4 percent year-on-year to 3.20 million tons in Turkey in February this year, maintaining its position as the world's seventh-largest steel-producing country, while production rose 4.7 percent year-on-year to 6.41 million tons in the first two months, according to a…
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Trustee submits new sale offer after failed auction of AHMSA assetsAccording to local media reports, Victor Manuel Aguilera, the bankruptcy trustee of Mexican steel company Altos Hornos de México (AHMSA) and its subsidiary Minera del Norte (Minosa), has submitted a revised proposal to sell both companies as a single production unit after the cancellation of the…
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Canada's iron and steel imports fell by 61.2 in January 2026According to Statistics Canada, the country's iron and steel imports totaled 1.38 million tonnes in January 2026, down 61.2 percent from last year. In value terms, iron and steel imports totaled $755.39 million in January 2026, up from $884.85 million in the same month in 2025.Canada imported the…
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UNCTAD: Violations in the Strait of Hormuz are driving up energy prices, freight and global tradeAccording to the United Nations Conference on Trade and Development (UNCTAD), ongoing geopolitical tensions in the Strait of Hormuz have led to serious disruptions to global maritime trade, with serious implications for energy markets, freight costs and supply chains.UNCTAD said the Strait of…
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