Metallurgy news

• EUROFER: EU steel exports to US down 34% a year after Trump imposes 50% tariffs European steel exports to the US have fallen by one-third since the US administration imposed 50 percent steel tariffs, according to new data released by the European Steel Association (EUROFER).The association reported that EU steel exports to the US fell by 34 percent year-on-year in the three... 04.06.2026  20:00

• Producer prices of industrial products in the eurozone increased by 0.6 percent in April 2026 compared with March According to a report published by Eurostat, the statistical office of the European Union, in April 2026, producer prices of industrial products increased by 0.6 percent in the euro area and 0.7 percent in the member states of the European Union (EU) compared to the previous month. In March 2026,... 04.06.2026  20:00

• Thyssenkrupp Steel restarts hot strip mill No. 4 in Duisburg after October fire German steel mill Thyssenkrupp Steel has announced the resumption of trial operations at its hot rolling mill No. 4 in Duisburg after completing extensive repairs and modernization work following a major fire last year.The plant was forced to suspend operations after a fire in the furnace area... 04.06.2026  16:00

• Canada extends tariffs on rebar imports from China, South Korea and Turkey The Canadian International Trade Tribunal has decided to extend trade protection measures for rebar imports from China, South Korea and Turkey after the expiration check is completed.The Tribunal concluded that the early termination of the measures was likely to cause damage to Canada's domestic... 04.06.2026  16:00

• Germany launches circular economy program with €565 million in financial support The German Federal Government has adopted a comprehensive program of action to implement its National Circular Economy Strategy (NKWS), aimed at strengthening industrial competitiveness, improving resource security and reducing dependence on virgin raw materials.Published on 3 June 2026, the... 04.06.2026  15:00

• Voestalpine reports higher net profit in fiscal year 2025-2026 and expects profit growth in fiscal year 2026-27 The Austrian steel company Voestalpine AG has announced financial results for the 2025-26 fiscal year ended March 31.The company reported a net profit of 424 million euros for the year, compared with a net profit of 178.6 million euros in the previous fiscal year. The company's revenue in this... 04.06.2026  15:00

• BIR: Recycled steel will be the strategic backbone of the future steel industry Recycled steel is increasingly being recognized as a strategic resource rather than simply a secondary raw material, according to Shane Mellor, president of the Bureau of International Recycling's (BIR) Iron and Steel Division. Speaking at the division's latest meeting in Gothenburg, Sweden, Mellor... 04.06.2026  14:00

• In India, steel production is expected to grow by 3% and imports by 63% in May 2026.% India's crude steel production is tentatively estimated at 14.21 million tons in May 2026, up 2.9 percent from last year, according to data released by the Ministry of Steel on Thursday, June 4.The production of finished steel in May is estimated at 13.94 million tons, which is nine percent more... 04.06.2026  14:00

• Mexico initiates recall on cessation of HR steel production from Russia The Mexican Ministry of Economy has initiated a review of the validity period of the anti-dumping duty on imports of hot-rolled steel sheets in coils from Russia, regardless of the sending country. The review will decide whether the duty should be maintained or allowed to expire. The measure was... 04.06.2026  13:00

• OECD: Global steel demand recovery to remain weak as overcapacity crisis deepens The Organization for Economic Cooperation and Development (OECD) said in its Steel Outlook 2026 report that global steel demand is expected to recover only slightly in 2026 after four consecutive years of decline, as the continued slowdown in China's real estate sector offsets stronger growth in... 04.06.2026  13:00