Metallurgy news

• Sandbag: CBAM will have limited impact on US exports to the EU According to the Belgian think tank Sandbag, the EU Carbon Boundary Adjustment Mechanism (CBAM) will have only a modest impact on US exports. By 2034, when the CBAM is fully implemented, American exporters will face annual fees of €351 million, which is only 0.14 percent of the €242 billion of U.S. ... 26.09.2025  16:00

• JSL begins to invest $ 79 million in the initiative to decarbonization The Indian company Jindal Stainless limited (JSL) invests $ 79 million in the initiatives of decarbonization to reduce carbon dioxide emissions, the company’s statement on Friday, September 26, The company takes several steps to reduce carbon dioxide emissions, including building the largest l... 26.09.2025  15:00

• EUROMETAL urges Brussels to clarify CBAM rules by 2026 The European Federation for Steel, Pipes and Metals Distribution and Trade (EUROMETAL) has officially sent a letter to EU Commissioner for Trade Maros Sefcovic after meetings with the Directorate General for Taxation and Customs Union (DG TAXUD) and the Directorate General for Trade (DG TRADE),... 26.09.2025  15:00

• Corinth Pipeworks puts into operation the largest industrial solar photoelectric system on the roof in Greece The Greek steel pipes Corinth Pipeworks, the Steel pipes of the Belgian Cenergy Holdings, announced the commissioning of the largest industrial photoelectric (PV) system in Greece, establishing a new milestone for sustainable industrial development. The solar system with a capacity of 7.1 MW... 26.09.2025  14:00

• Exports of scrap steel from Japan increased by 16.2% in January-August 2025 According to customs statistics, in August of this year, exports of Japanese ferrous scrap amounted to 513,180 tons, which is 4.4 percent more than 491,652 tons in the same month of the previous year. In January-August of this year, the country exported 4.95 million tons of scrap, which is 16.2... 26.09.2025  14:00

• Primetals opens a green steel production plant based on hydrogen in Austria The British plant manufacturer Primeetals Technologies in collaboration with Rio Tinto, Mitsubishi and Voestalpine announced the beginning of the construction of the HY4SMELT demonstration plant at the Voestalpine site in Austria. The object with a capacity of three metric tons per hour is planned... 26.09.2025  13:00

• US Steel and Nippon Steel announce new investments in Pennsylvania and Indiana The Board of Directors of the United States Steel Corporation (US Steel) announced that it has approved new projects worth $ 300 million in Pennsylvania and Indiana, advancing the investment plan of the Japanese steel company Nippon Steel in the amount of $ 11 billion. These initiatives will... 26.09.2025  13:00

• The Supreme Court of India approved the acquisition of JSW Steel Bhushan Power and Steel for $ 2.3 billion The Supreme Court of India approved the acquisition by JSW Steel limited BHUSHAN Power and Steel (BPSL) for $ 2.3 billion, abolishing the previously adopted decision to block the transaction. The decision of the Supreme Court, made on Friday, September 26, is considered as a serious incentive for... 26.09.2025  12:00

• The Indian government has approved an $8 billion package to revive the domestic shipbuilding and marine sector. The Government of India has approved an $8 billion budget package to be spent on reviving and expanding the domestic shipbuilding and ship repair ecosystem, the government said in a statement on Friday, September 26.The fiscal package is structured in four main areas - strengthening domestic... 26.09.2025  12:00

• for the first time in the 100 most profitable companies in Russia The Pavlik gold mining Company is one of the largest gold producers in Russia. The company holds a license for prospecting, exploration and production of ore gold at the Pavlik deposit in the Magadan region. At the end of 2023, Pavlik launched the second stage of the gold extraction plant, which... 26.09.2025  12:00