Metallurgy news
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EU to raise ETS reserve allowance threshold to 700 millionThe Council of the EU and the European Parliament reached a provisional agreement on October 20, 2026, to raise from 400 million to 700 million the threshold above which emissions allowances in the EU Market Stability Reserve (MSR) are invalidated. The reserve is part of the EU Emissions Trading…
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UK sets illustrative CBAM rate for iron and steel imports at £9.69 per tonne of CO₂ equivalentThe UK has published an illustrative Carbon Border Adjustment Mechanism (CBAM) rate of £9.69 per tonne of CO₂ equivalent for iron and steel. Released on October 16, the figure demonstrates the calculation method; it creates no tax liability and is not a forecast of the rate that will apply when the…
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China railway investment reaches 601.2 billion yuan in January–AugustInvestment in China’s railway fixed assets totaled 601.2 billion yuan ($89.5 billion) in January–August 2026, up 1.3% from the same period a year earlier, China Railway Corporation said.The company said the investment supports industries linked to railway construction, employment and household…
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China’s steel capacity utilization falls to 75.1% in Q3Capacity utilization in China’s ferrous metal smelting, rolling and processing industry was 75.1% in July–September 2026, down 5 percentage points from a year earlier and 2.5 points from the second quarter, the National Bureau of Statistics of China said.For January–September, capacity utilization…
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Brazil's finished steel trade deficit widens on 98 pct rise in coated flat steel importsBrazil exported 95,896 mt of finished carbon steel products in September, valued at $78.916 million, while imports totaled 348,075 mt, valued at $264.247 million, according to a report from SECEX, the foreign trade secretariat of the Ministry of Development, Industry and Foreign Trade.In August…
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Canada extends AD duties on OCTG imports from seven countries, revokes duty on UkraineThe Canadian International Trade Tribunal (CITT) has completed its expiry review and extended its antidumping (AD) duty order on oil country tubular goods (OCTG) from Taiwan, India, Indonesia, South Korea, Thailand, Turkey and Vietnam, while rescinding the order on Ukraine.The CITT concluded that…
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US rebar exports down 45.5 percent in August 2026 from JulyAccording to export data from the US Department of Commerce, US exports of rebar totaled 4,855 mt in August this year, down 45.5 percent from July and up 1.1 percent from August 2025. By value, rebar exports totaled $5.1 million in August, compared to $8.6 million in the previous month and $4.2…
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Turkish basic metal capacity utilization rises to 75.4% in OctoberCapacity utilization in Turkey’s basic metal manufacturing industry reached 75.4% in October 2026, up from 74.2% in September. The rate was 74.7% a year earlier, according to provisional data from the Central Bank of Turkey.By contrast, capacity utilization in the manufacture of metal products…
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Euro area construction output rises 1.8% in AugustConstruction output in the euro area increased by 1.8% in August 2026 from July and by 1.4% year on year, according to preliminary data released by Eurostat.Across the European Union, output rose by 2% month on month and 2.6% from a year earlier. In July, it had fallen by 0.1% in the EU and risen…
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Tenaris begins producing TN 95EY steel grade in CanadaTenaris has started producing its TN 95EY steel grade at its industrial facility in Sault Ste. Marie, Ontario. The move expands the range of locally manufactured pipe products available to Canadian oil and gas companies. The grade is designed for demanding operating conditions, including high…
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