Metallurgy news

• TKAS Auto Steel Plate (Shanghai) created on June 22 On June 22, TKAS Auto Steel Plate (Shanghai) Co., Ltd. was established, a wholly owned subsidiary of TAGAL (TKAS Auto Steel Co., Ltd.), an innovative joint venture between Thyssenkrupp Steel Europe AG of Germany and Angang Steel Co., Ltd. from China. The new company specializes in the sale of... 25.06.2026  10:00

• The Free Trade Agreement between India and the EU is due to be signed in December 2026 and will enter into force from February to March 2027. India and the European Union (EU) will officially sign their Free Trade Agreement (FTA) in December 2026, and it will enter into force in February-March next year, Indian Trade and Industry Minister Piyush Goyal said in a statement on Thursday, June 25.The minister said about 93 percent of Indian... 25.06.2026  10:00

• Average freight rates rose in May for finished steel imports from Brazil Brazil's central foreign trade system, Siscomex, reported that average freight rates for the country's imports of finished steel rose in May.The average freight rate for Brazilian steel imports was $60/t in May, up from $58/t in April, Siscomex said.Brazil's May imports of finished steel products... 24.06.2026  23:00

• lion Mining will make the first direct shipment of iron ore from Brazil to China lion Mining, an iron ore producer based in Brazil's northeastern state of Piaui, is preparing its first shipment directly to China.The company produces approximately 1.5 million tons a year of ore with an average iron content of 65 percent, which has so far been shipped through the port of Pecsem,... 24.06.2026  21:00

• The Czech company Třinecké zelezárny reports a decrease in net profit and revenue in 2025 Czech Republic's largest steel mill Třinecké Železárny has announced financial and operational results for 2025.The company generated a net profit of CZK 186 million (US$8.70 million) this year, compared with a net profit of CZK 316 million in 2024, and sales revenue of CZK 44.54 billion. (2.08 bil... 24.06.2026  17:00

• South Africa may impose AD duties on welded LD pipes from Mozambique South Africa's International Trade Administration Commission (ITAC) has announced that it has recommended temporary anti-dumping duties on imports of large diameter welded steel pipes (LD) from Mozambique as a result of an investigation.The investigation, which was launched at the request of the... 24.06.2026  17:00

• Rebar exports from the United States in April 2026 decreased by 14.9 compared to March According to export data from the U.S. Department of Commerce, rebar exports to the United States totaled 4,379 tons in April this year, down 14.9 percent month-on-month and 18.8 percent year-on-year. In value terms, rebar exports totaled $4.26 million in April, compared with $4.08 million in the... 24.06.2026  16:00

• Imports of linear pipes to the United States in April 2026 increased by three percent compared to March According to the final data from the US Department of Commerce, imports of linear pipes to the United States in April this year amounted to 46,689 tons, which is three percent more than in March and 16.0 percent more than last year. In value terms, imports of linear pipes amounted to $51.45 million... 24.06.2026  16:00

• Turkey's base metals capacity utilization increased in June 2026 compared to May According to preliminary data released by the Central Bank of Turkey, the capacity utilization rate of Turkey's basic metals manufacturing industry was 76.3 percent in June this year, compared with 76.1 percent recorded in the previous month, while the capacity utilization rate of Turkey's base... 24.06.2026  15:00

• Indonesia exports first batch of high-cost structural steel to Canada Indonesia has exported $216,000 worth of high-value structural steel products to Canada, according to media reports, marking a new milestone for the country's steel industry and its efforts to expand exports of value-added products.The products were manufactured by PT Gunung Raja Paksi Tbk, one of... 24.06.2026  15:00