Metallurgy news
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Indian passenger car makers forecast strong double-digit sales growth in February 2026According to a compilation of data released by major automobile companies on Tuesday, March 3, passenger vehicle sales in India, as measured by shipments from manufacturers to dealers, posted a sustained double-digit growth in February 2026.The largest automaker in terms of market share, Maruti…
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The Middle East conflict is beginning to affect Indian trade, shipping corridors are disrupted, and logistics and insurance tariffs are risingIndian exports began to take a hit amid logistical disruptions following the U.S.-Israeli attack on Iran, Indian industry representatives and exporters said in a message to their government on Tuesday, March 3.Industry bodies said the war in the Middle East disrupted key shipping corridors, pushing…
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U.S. Crude Steel Production Declines 0.3 Percent – Week 9 of 2026According to the American Iron and Steel Institute (AISI), for the week ended February 28, 2026, domestic crude steel production in the United States was 1.811 million net tons, and the capacity utilization rate was 78.3 percent.Production for the week ended February 28, 2026 decreased by 0.3…
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MOC: The average price of rebar in China decreased by 0.1 percent from February 16 to 22China's Ministry of Commerce (MOC) announced that from February 16 to 22 this year, the average price of finished steel in China decreased slightly.During this period, the average prices of hot-rolled steel strips and rebars decreased by 0.1 percent, while the average prices of regular…
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Japan's steel exports down 8.2% in January 2026According to customs statistics released by the Japan Iron and Steel Federation (JISF), Japan's iron and steel product exports totaled 2.28 million metric tons in January this year, down 11.9 percent month-on-month and 8.2 percent year-on-year.As for Japan's major iron and steel export markets, the…
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EUROMETAL Southern Europe Meeting 2026: European industry between regulatory uncertainty and finding a new balanceDuring a panel discussion The New Normal of the Global Economy as Europe Loses Its Way at the EUROMETAL Southern Europe Meeting 2026 held recently in Milan, Emilio Rossi (EconPartners & Oxford Economics), Fernando Espada (Tata Steel) and Armando Cafiero (Confindustria Ceramica) painted a clear…
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Indian IMFA completes acquisition of Tata Steel limited's ferrochrome plant in OdishaIndian Metals and Ferro Alloys limited (IMFA), India's largest integrated ferroalloys producer, has completed the acquisition of Tata Steel limited's ferrochromium plant in the eastern Indian state of Odisha, the company said in a statement on Monday, March 2.The plan to acquire the Tata Steel…
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Producer prices in French industry rose 0.5 percent in January compared to DecemberIn January this year, producer prices in French industry rose 0.5 percent month-on-month and fell 2.3 percent year-on-year, according to statistics published by France's National Institute of Statistics and Economic Research (INSEE). Manufacturer prices for industrial products in France rose 0.3…
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Indian NMDC limited forecasts iron ore production to grow by 16% in February 2026India's state-owned mining company NMDC limited achieved iron ore production of 5.35 million tonnes in February 2026, up 16% year-on-year, according to a company statement on Monday, March 2.The company reported total sales of 4.60 million tonnes, also up 16% from February 2025 Cumulative iron ore…
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Rig count decline in US and Canada - Week 9, 2026Baker Hughes reported that for the week ended February 27, 2026, the number of rotary drilling rigs in the United States fell one week on week to 550.The number of gas and oil drilling rigs remained unchanged at 134 and 407, respectively. The total U.S. rig count fell by 43 rigs compared to the…
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