Metallurgy news
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New car sales in Canada rose 8.5 percent in February 2026 compared to JanuaryNew vehicle sales totaled 124,004 units in February 2026, reflecting an 8.5 per cent month-on-month increase and a 2.3 per cent year-on-year decline, according to Statistics Canada. By value, Canadian vehicle sales were $7.10 billion in February, up from $6.50 billion in January and $7.10 billion…
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Brazilian CRC exports increased almost sevenfold in MarchIn March, Brazil exported 26,800 metric tons (t) and imported 11,800 t of CRC, up from 4,000 t and 25,000 t in February, respectively.The huge increase in exports reflects a one-off shipment from Usiminas to Germany, 23,200 t at $655/t, while South American countries were shipped 3600 tons at…
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HDG imports to Brazil are declining due to the imposition of anti-dumping duties on Chinese coated flat productsIn March, Brazil exported 10,300 metric tons (tons) of hot-dip galvanized (HDG) products, while importing 67,800 tons of products, compared to 12,400 tons and 99,600 tons in February, respectively, according to Secex, the country's foreign trade secretariat of the Ministry of Development, Industry…
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US issues AD margin for cut sheet from South KoreaThe U.S. Department of Commerce (DOC) has released the final results of its administrative review of the antidumping duty (AD) on carbon and alloy steel long products from the Republic of Korea for the review period (POR) from May 1, 2023 to April 30, 2024.The Department of Commerce has determined…
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Vale's iron ore and pellet production increases annuallyBrazilian miner Vale said in a statement that its iron ore production reached 69.675 million metric tons (MT) in the first quarter of 2026, up 3 percent from the first quarter of 2025, while pellet production rose 13.7 percent to 8.169 million tonnes in the same period.Increased iron production ore…
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China's real estate investment continues to fall in the first quarter, with the decline in new construction slowing to 20%Between January and March this year, total real estate investment in China was 1,772.0 billion yuan (US$258.3 billion), down 11.2 percent year-on-year, 0.1 percentage point faster than the decline recorded between January and February, as announced by China's National Bureau of Statistics…
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Shipments of CR steel strips in Japan in February 2026 decreased by 12.2 percent compared to JanuaryIn February of this year, shipments of cold-rolled sheets and strips in Japan decreased by 12.2 percent compared to the previous month and by 13.1 percent year-on-year, amounting to 341,822 metric tons. According to the Japan Federation of Ferrous Metallurgy (JISF), 53.9 percent of shipments were…
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The LME metal price index has updated its historical maximumThe price index for metals traded on the London Metal Exchange (LME) rose to a historic high on Thursday amid military action in the Middle East, which sharply increased prices for copper and aluminum.Over the past four weeks, an index tracking prices of almost six% of non-ferrous metals…
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AISI warns that rising overcapacity threatens US steel industry and jobsThe American Iron and Steel Institute (AISI) has called for stronger trade action to address global steel overcapacity, warning that the problem continues to threaten the viability of domestic industries and U.S. manufacturing jobs.In its report to the Office of the US Trade Representative as part…
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Iran opens Strait of Hormuz to commercial vessels during cease-fire, risks remainDuring the ongoing war with Iran, a fragile diplomatic process is underway, while signs of de-escalation are emerging, as the cease-fire allows a limited reopening of the strategically important Strait of Hormuz. Iranian Foreign Minister Abbas Araqchi said: "In accordance with the ceasefire…
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