Metallurgy news
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The United States is reviewing the final results of the antidumping investigation into hot-rolled steel from Japan by court order.The U.S. Department of Commerce (DOC) has announced the amended final results of the administrative review of the Anti-dumping Duty (AD) order on certain hot-rolled flat steel products (hot-rolled steel) from Japan for the period from October 1, 2018 to September 30, 2019.DOC amends the final…
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Rates for the transportation of iron ore from Brazil to China rose to a multi-year high amid strong fundamental factorsThe Tubarao-Qingdao freight rate, a key indicator for the supply of iron ore from Brazil to China, has risen to the highest level in recent years.Banchero Costa, a shipping broker, reported that the rate reached $38.36 per metric ton this week, an increase of 57 percent from the same period a year…
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CSN Executive Director resigns, former Vale CEO appointed in his placeBenjamin Steinbruch has resigned as CEO of the Brazilian steel and iron ore company Companhia Siderúrgica Nacional (CSN) after 25 years in this position.Steinbruch, the main shareholder of the company, will be replaced by Fabio Schwartzman, former CEO of the Vale mining company. Schwarzman led Vale…
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Algoma Steel resumes production in the electric steelmaking workshop under temporary energy agreementsCanadian steel company Algoma Steel Group Inc. announced on September 2 that it had resumed operation of electric arc furnaces at its plant in Sault Ste Marie, Ontario, despite the fact that the turbine that caused an unplanned power outage at the Lake Superior Power plant (LSP) last month, It…
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In Canada, prices for manufactured goods will rise in July 2026, while prices for raw materials will decrease.According to Statistics Canada, prices of goods produced in Canada, as measured by the Industrial Goods Price Index (IPPI), rose 0.6 percent month-on-month in July and increased 12.4 percent year-on-year. The prices of raw materials purchased by producers operating in Canada, according to the…
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Pittini is completing the construction of a new long-range rolling mill in Verona to expand its presence in Italy and EuropeThe Italian Pittini Group has completed the construction of a new bar production line at its factory in Accieri di Verona, which is a strategic investment aimed at expanding production capacity and strengthening the group's position in the reinforcing steel market. The new line, developed in…
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Polish Cognor returned to profit in the first half of 2026 amid increased sales and capacity utilizationPolish steel producer Cognor Holding reported improved financial results for both the second quarter and the first half of 2026, driven by higher sales volumes, higher operational performance and higher capacity utilization. The company also noted favorable changes in the regulatory framework and…
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The United States supported anti-dumping and countervailing duties on welded linear pipes from South Korea and TurkeyThe U.S. Department of Commerce (DOC) has announced the final results of its review of applications for anti-dumping duties (AD) on welded pipes from South Korea and Turkey, as well as applications for countervailing duties (CVD) on the same products from Turkey.DOC and the United States…
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MetalQuest begins metallurgical testing of DR pellets at Lac Otelnuk projectCanadian company MetalQuest Mining Inc. has completed the second mining and core extraction program at its Lac Otelnuk iron ore project in northern Quebec, launching comprehensive metallurgical tests aimed at producing direct reduction pellets. COREM is embarking on a 26-week testing programThe…
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The Australian government will allocate $26 million to Element Zero for a pilot project for the production of low-emission cast ironThe Australian government has announced the allocation of $26 million in funding to Perth-based Element Zero for the pilot development of a technology aimed at producing high-purity iron from Australian iron ore using a low-emission electrochemical process..Funding will be provided by the Future…
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