Metallurgy news
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In January-February 2026, FAI on China's railways increased by 5.4% to 72.2 billion yuan.China Railway Corporation (CRC) announced that the total fixed asset investment (FAI) of China's railways between January and February this year was 72.2 billion yuan (US$10.5 billion), up 5.4 percent year-on-year.The high-quality and efficient development of railway construction has brought new…
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CAAM: Car sales in China fell by 8.8 percent in January-February 2026According to the Chinese Association of Automobile Manufacturers (CAAM), in January-February of this year, the production and sale of automotive equipment in China amounted to 4.122 million units and 4.152 million units, down by 9.5 percent and 8.8 percent year-on-year, respectively.During the…
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ArcelorMittal Krivoy Rog fights energy costs and CBAM exposureMauro Longobardo, CEO of ArcelorMittal Kryvyi Rih (AMKR), the Ukrainian subsidiary of the global metallurgical concern ArcelorMittal, said in an interview with the Ukrainian news agency Interfax-Ukraine that the company's mining division is currently operating at about 75 percent of full…
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EU steel safeguard quotas fill in first quarter and Türkiye nears exhaustion of HRC quotaIn the last month of the EU quota period from January 1 to March 31, part of the import quotas for some steel products allocated to Turkey, Algeria, Vietnam, India, Japan, South Korea and China had already been exhausted, while more than 75 percent of the quotas for some steel products had been…
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UAE and Japan sign CEPA agreement to expand trade and investment tiesThe UAE and Japan have signed a Comprehensive Economic Partnership (CEPA) agreement aimed at strengthening bilateral trade and investment ties across a wide range of sectors. According to official statements, the agreement is expected to lower certain trade barriers, facilitate market access, and…
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Turkey's Koç Holding invests in Stegra green steel plant in SwedenSwedish steel company Stegra has completed a new share issue as part of its ongoing capital raising process to finance the completion of its green steel plant in Boden, northern Sweden, according to Swedish media reports.As part of the capital increase, the company issued about 850 million new…
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India's shipping regulators warn shipping companies and agents against predatory prices amid war in the Middle EastThe Director General of the Indian Shipping Regulator (DGS) has warned shipping companies, ship operators, or their agents against "predatory, opaque, and opportunistic pricing practices" amid disruptions caused by the U.S.-Israeli attack on Iran and the resulting geopolitical uncertainty in the…
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Germany's Klöckner reports lower net losses and profits for 2025Klöckner & Co., a German manufacturer and distributor of steel and non-ferrous metals, announced financial results for the fourth quarter and full year 2025.The company recorded a net loss of €15 million in the quarter, compared with a net loss of €91 million in the fourth quarter of 2024, while…
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China's iron ore imports rose 10% in January-February amid surprisingly strong demandIn January-February of this year, China's iron ore imports totaled 210.023 million tons, which is 10.0 percent more than last year, according to the latest data released by the General Administration of Customs of China (GACC). Although solid demand was cited as the main reason for fairly strong…
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Coal imports to China increased by 1.5% in January-February 2026According to the latest data released by the General Administration of Customs of China (GACC), China's coal imports (all types) totaled 77.222 million tons in January-February this year, one of the all-time highs for the period, increasing by 1.5 percent year on year.This happened despite the…
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