Metallurgy news
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Suez Steel DRI production has reached a new minimum of energy consumptionEgyptian steel company Suez Steel has set a new benchmark in energy-efficient DRI production at its direct reduction plant based on ENERGIRON zero-reforming technology developed by Italian manufacturer Danieli Technologies and Tenova, which is the first large-scale industrial application of the…
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Why blast furnaces and coal are likely to dominate the global steel industry beyond 2050 - BigMint analysisThe urgent steps needed to decarbonize the steel sector, which accounts for 7 percent of global CO2 emissions and about 9 percent of greenhouse gas emissions, largely focus on phasing out coal, which remains the backbone of primary steel production. Globally, 70 percent of steel is new, virgin…
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Outokumpu supports EU steel protection measuresFinnish stainless steel manufacturer Outokumpu has welcomed the agreement reached by the European Commission, the European Parliament and the Council on new EU steel safeguards, saying the revised framework will provide greater protection for the European steel industry from global overcapacity…
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Zaporizhstal provides Romanian Metinvest plant with a rollSince the beginning of this year, the Zaporizhia Metallurgical Plant Zaporizhstal has shipped 28 thousand tons of rolled products to the Metinvest pipe plant in Romania, Metinvest Tubular Iasi, which joined the group at the end of 2025.According to the company on Thursday, four months have passed…
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China's real estate investment fell 11.2 percent in January-March 2026Between January and March this year, total real estate investment in China totaled 1.7720 trillion yuan ($258.3 billion), down 11.2% year on year, 0.1 percentage point faster than the decline recorded between January and February, China's National Bureau of Statistics (NBS) announced.During the…
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China's GDP grew by five percent in the first quarter of 2026, exceeding expectationsOn April 16, the National Bureau of Statistics of China (NBS) announced that China's GDP grew 5.0 percent year-on-year from January to March this year, 0.5 percentage points faster than the year-on-year growth recorded from October to December last year, exceeding expectations and marking a solid a…
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From April 1, quotas for steel imports from Brazil will increase to 50 percent.Between February 24 and June 23, 2026, the Brazilian foreign trade agency Siscomex plans to allow the import of 445,469 metric tons (mt) of finished steel products into the country at regular tax rates, the same volume that was allowed during the previous round of quotas.As of April 1, the average…
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Shipments of HRP and HRS in Japan in February 2026 decreased by 0.2 percent compared to January.In February this year, hot-rolled sheet shipments in Japan fell 0.2 percent from the previous month and rose 8.5 percent from the 591,521 tons recorded in the same month in 2025, amounting to 641,568 metric tons, according to the Japan Iron and Steel Federation. (JISF) data. In a given month, 76.5…
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Nippon Steel begins conversion of blast furnace to EAF at Kyushu plantJapanese steelmaker Nippon Steel has announced the start of construction to convert blast furnace production to an electric arc furnace (EAF) at its Kyushu plant in the Yawata region, marking a major step in its decarbonization strategy.The project aims to create what the company calls the world's…
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Russia moves to excise tax on imported steel productsThe Russian Finance Ministry has prepared and submitted for approval a bill introducing an excise tax on steel imports, said State Secretary, Deputy Finance Minister Alexei Sazanov. Speaking to local media, Sazanov said that this initiative followed requests voiced by industry representatives…
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