Metallurgy news
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The export price of Brazilian slab reached an 18-month high after a slight weekly increase. The reference price for Brazilian slab exports is $545/t, FOB terms for major commercial grades, after three weeks of stability at $540/t, according to preliminary data from the Secretaría de Comercio Exterior (SECEX), Brazil's foreign trade secretariat of the Ministry of Industry, Development and ...
03.03.2026 20:00
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Mechel signed a contract for the supply of Russian Railways The Russian mining and metallurgical group Mechel reported that a contract was signed between its subsidiary Chelyabinsk Metallurgical Plant (ChMK) and JSC Russian Railways for the supply of railway products in 2026 with a total volume of more than 174 thousand tons.Product volume and technical...
03.03.2026 17:00
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US discovers AD and CVD bypass when importing OCTG pipes The U.S. Department of Commerce (DOC) announced its final determination to bypass seamless petroleum tubular products (OCTG) manufactured from Chinese origin, completed in Thailand, and then exported to the United States.Having completed its investigation, DOC has determined that imports of these...
03.03.2026 17:00
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US CRC imports down 14.2 percent in December 2025 compared to November U.S. imports of cold-rolled coil totaled 42,051 tons last December, down 14.2 percent month-on-month and down 64.5 percent year-over-year, according to preliminary U.S. Commerce Department census data. In value terms, CRC imports were $40.38 million in December last year, compared to $42.99 million...
03.03.2026 16:00
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EU approves €78 million aid scheme for Slovenia to offset indirect costs of ETS electricity The European Commission has announced that it has approved a €78 million Slovenian support scheme designed to partially compensate energy-intensive companies for the higher electricity costs associated with carbon pricing under the EU Emissions Trading System (ETS).The measure specifically a...
03.03.2026 16:00
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France to expand solar and wind energy production with €1.1 billion The European Commission has announced that it has approved a €1.1 billion French state aid scheme aimed at supporting strategic investments in clean technology production capacity in line with the EU's clean industry goals.The measure was assessed and approved in accordance with the Clean Industry S...
03.03.2026 15:00
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Italy's Duferco reports higher earnings in fiscal 2024-25, supported by trade, renewables and gas In a note issued today, March 2, the board of directors of Italy-based Duferco Participations Holding SA announced the approval of its consolidated financial statements for the fiscal year ended September 30, 2025. Despite a macroeconomic and geopolitical landscape characterized by significant...
03.03.2026 15:00
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Japan's steel scrap exports down 17.5% in January 2026 According to customs statistics, Japanese ferrous scrap exports totaled 458,955 tons in January this year, down 17.5% from 556,161 tons in the same month the previous year.During the month, Vietnam was the largest importer of Japanese scrap, importing 254,345 tons, up 1.6% from the previous year....
03.03.2026 14:00
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Global Toyota production fell in January 2026, sales rose Japanese automaker Toyota Motor Corporation announced that its global vehicle output fell six percent year-on-year to 735,097 units in January this year. Specifically, the company's domestic output fell 6.1 percent to 249,827 units, while its overseas output for the month fell 5.9 percent to...
03.03.2026 13:00
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Salzgitter signs major gas pipeline contracts for Germany's core network German steel company Salzgitter AG has announced the signing of significant contracts with ONTRAS Gastransport GmbH for the construction of a new hydrogen pipeline, part of Germany's hydrogen core network.As part of the contracts, Salzgitter subsidiaries Mannesmann Grossrohr GmbH (MGR) and...
03.03.2026 13:00
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