Metallurgy news
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Major fire breaks out at Ecoacciai scrap facility in ItalyA major fire broke out late on October 26 at Ecoacciai’s scrap recovery facility in the Gello industrial area of Pontedera, in Italy’s province of Pisa. The blaze affected a storage area, and a thick plume of smoke was visible from a considerable distance.Several firefighting teams responded…
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US and Canada discuss easing steel and auto tariffsThe United States and Canada are moving toward an agreement to ease US tariffs on Canadian steel and automobiles, Reuters reported, citing sources familiar with the talks. Both governments are seeking to improve trade relations after negotiations collapsed in August.The discussions concern tariffs…
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Steel Networking Summit: Asia and MENA markets shift as Turkish steel faces barriersOn the second day of the Steel Networking Summit 2026, organized by the Turkish Steel Exporters’ Association (ÇİB) on October 27, industry representatives discussed changes in steel trade across Asia and the Middle East and North Africa (MENA), as well as Turkey’s position in global supply chains…
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Former Ilva plant cuts 40 executives as steel production remains uncertainAcciaierie d’Italia, which operates the former Ilva steelworks in Taranto, has begun a collective redundancy procedure affecting 40 of its 51 permanent executives. The future of production remains uncertain: the hot-end facilities are being kept in preheating mode while Italy’s Court of Cassation…
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EU cuts proposed duties on cold-rolled steel from TurkeyThe European Commission has revised down its proposed definitive antidumping duties on certain cold-rolled flat steel products from Turkey. The changes follow objections by Turkish exporters, according to a document circulated by the Commission.The proposed rate for Borçelik has been cut from 9.7%…
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South Korea recommends duties of up to 33.67% on Chinese coated CRCSouth Korea’s Korea Trade Commission (KTC) has issued a final affirmative determination in its investigation into imports of Chinese zinc-coated cold-rolled coil. It recommended five-year antidumping duties ranging from 22.34% to 33.67% and accepted price undertakings from 10 exporters.The…
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Severstal starts drying work at its new Cherepovets pellet plantSeverstal has begun drying the refractory lining of the indurating machine at its iron ore pellet plant under construction in Cherepovets. Commissioning of the 116 billion rouble ($1.44 billion) project is scheduled for autumn 2026. Drying removes moisture from the refractory lining before testing…
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Swiss Steel Group plans to source 1 million tonnes of low-carbon steel a year from CanadaSwiss Steel Group has signed an agreement with Canada Nickel Company outlining a potential long-term partnership to supply low-carbon semi-finished steel products from Canada. Starting in 2030, the Swiss company aims to secure exclusive access to about 1 million tonnes of products annually.The…
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India’s RINL resumes rebar productionIndia’s state-run steelmaker Rashtriya Ispat Nigam Limited (RINL) has resumed rolling rebar. The company expects the product line to help ensure the mill’s long-term economic viability.Rolling operations were halted in June 2026 for extensive repairs to the coke oven batteries. Their resumption has…
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Tokyo Steel revenue rises, but first-half net profit drops 47.7%Japan’s Tokyo Steel increased revenue by 12.3% year on year to JPY 150.42 billion (about $958.35 million) in April-September 2026, while net profit on a non-consolidated basis fell 47.7% to JPY 2.39 billion ($15.22 million).The company swung to an operating loss of JPY 3.54 billion ($22.57…
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