Metallurgy news
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Aluminum rose in price by 4% due to the Iranian attacks on factories in the Persian GulfAluminum prices are rising on Monday on information about the Iranian attacks on the enterprises of the largest Middle Eastern metal producers.Aluminum futures for delivery in three months on the London Metal Exchange (LME), as of 11:10 a.m., are trading at $3,432.5 per ton. Earlier, during…
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Japan's steel exports decreased by 10.7 percent in January-February 2026According to customs statistics published by the Japanese Federation of Ferrous Metallurgy (JISF), in February of this year, exports of iron and steel products from Japan amounted to 2.18 million metric tons, down 4.5 percent month-on-month and 13.2 percent year-on-year.In the period from January…
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OECD: Rising energy prices and geopolitics affect global prospectsThe global economic outlook remains robust, but has weakened due to rising energy prices and geopolitical tensions, according to the March interim economic outlook report from the Organization for Economic Cooperation and Development (OECD).Global GDP growth is projected to remain broadly stable at…
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CIL India will build eight coal mines, investing $348 million to increase supply to large consumers, including steel millsIndian state-owned mine Coal India limited (CIL) will build eight new coal mines, entailing an investment of $348 million to boost supplies to major industries including steel, the miner said in a statement on Monday, March 30.The eight new washing machines will have a total capacity of 21.5…
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Indian JSL and OREL partially commission a hybrid solar wind power projectIndian companies Jindal Stainless Limited (JS) and Oyster Renewable Energy Limited (OREL) have partially commissioned a 315.6 MW hybrid renewable solar wind energy project in the central state of Madhya Pradesh as part of JSL's transition to clean energy, the company said in a statement on Monday…
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Global production of Toyota vehicles fell in January-February 2026, while sales rose slightlyJapanese automaker Toyota Motor Corporation announced that its global vehicle output fell 3.9 percent year-on-year to 749,673 units in February this year. Specifically, the company's domestic output fell 2.6 percent to 278,916 units, while its overseas output for the month fell 4.6 percent…
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EU initiates protective investigation into import of electrical equipment sheetsThe European Commission has announced that it has initiated a protective investigation into certain types of grain-oriented silicon-electric steel flat products. The investigation is aimed at determining whether protective measures are necessary to protect EU producers from the recent surge in…
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U.S. pipe exports rose 38.7 percent in January 2026 compared to DecemberU.S. exports of structural pipe totaled 6,183 tons in January this year, up 38.7 percent from December and down 45.3 percent from January 2025, according to U.S. Department of Commerce export data. In value terms, structural pipe exports were $12.65 million in January, up from $9.11 million in the…
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U.</p><p>S. tin plate imports decreased by 25.9 percent in January 2026 compared to DecemberAccording to preliminary census data from the U.S. Department of Commerce, tin plate imports to the United States totaled 58,783 tons in January this year, down 25.9 percent from December and down 41.9 percent year-on-year. In value terms, tin plate imports totaled $77.43 million in January this…
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China Coal Energy's coal sales fell 7.2% in January-February 2026, indicating lower net profit in 2025Large Chinese coal mining company China Coal Energy Co., Ltd announced that it produced 8.91 million tons of coal in February this year, down 13.0 percent year-on-year, while it sold 16.51 million tons of coal this month, down 5.5 percent from last year.Specifically, in February, the sales volume…
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