Metallurgy news

• The EBRD provided a loan of US$25 million to the Tashkent Pipe Plant for a modernization project The European Bank for Reconstruction and Development (EBRD) has announced that it has agreed to provide a US$25 million loan to Uzbekistan's Tashkent Pipe Plant (CHP) to support the company's modernization program and strengthen its production capabilities.According to the statement, the financing... 23.06.2026  12:00

• South Korea has reached a broad consensus with the EU on the planned revision of steel import quotas South Korea has reached a broad consensus with the European Union on the bloc's planned revision of the quota system for steel imports, which is expected to put additional pressure on Korean steelmakers, according to South Korean Industry Minister Kim Jong-kwan.Speaking at a press briefing, Kim... 23.06.2026  12:00

• India's NMDC limited has awarded RVNL a $317 million contract to build an iron ore buffer storage and mixing plant. Indian state-owned Rail Vikas Nigam limited (RVNL) has received a $317 million contract from Indian miner NMDC limited to develop and construct an iron ore buffer stockpile and blending plant in the southern port city of Visakhapatnam, according to company regulatory filings on Tuesday, June... 23.06.2026  11:00

• Hoa Phat develops high-strength S700MC steel for automotive and heavy equipment The Vietnamese steel company Hoa Phat has announced the successful production of high-strength hot-rolled steel sheet S700MC, designed for load-bearing structures in vehicles and heavy industrial equipment.According to the statement, the development marks a further expansion of the portfolio of... 23.06.2026  11:00

• China's HRP production fell 6.7 percent in January-May 2026 According to the National Bureau of Statistics of China (NBS), in January-May this year, the production of HRC and CRC in China amounted to 88.541 million tons and 20.684 million tons, up 6.7% and 5.6% year on year, respectively.In May alone, the production of HRC and CRC in China amounted to... 23.06.2026  10:00

• Exports of semi-finished products from China increased by 43.2 percent in January-May 2026 According to the Chinese customs authorities, in January-May of this year, exports of semi-finished products from China amounted to 6.7541 million tons, which is 43.2 percent more than last year.In May alone, exports of semi-finished products from China totaled 1.8125 million tons, up 10.53 percent... 23.06.2026  10:00

• U.S. crude steel production down 0.2 percent – ​​Week 25 of 2026 According to the American Iron and Steel Institute (AISI), for the week ended June 20, 2026, domestic crude steel production in the United States was 1.851 million net tons, and the capacity utilization rate was 80.2 percent.Production for the week ended June 20, 2026 decreased 0.2 percent compared... 23.06.2026  00:00

• The US has published preliminary results of an AD audit via a PC line from Spain The U.S. Department of Commerce (DOC) has released preliminary results of its administrative review of the anti-dumping duty (AD) order on prestressed concrete (PC) steel wire strands from Spain for the period June 1, 2024, through May 31, 2025.The Department of Commerce has tentatively determined... 22.06.2026  23:00

• Brazil's steel production and domestic sales rose in May Crude steel production in Brazil reached 2.769 million tons in May 2026, up from 2.709 million tons in May 2025, according to the Brazilian Steel Institute IABR.On a comparative basis, rolled steel output increased 0.7 percent to 2.030 million tons, while flat steel production increased 3.0 percent... 22.06.2026  20:00

• Rig count increase in US and Canada - Week 25 of 2026 Baker Hughes reported that for the week ended June 18, 2026, the number of U.S. rotary drilling rigs increased by one rig week over the week to 563. The number of gas production rigs increased by one to 122, while the number of oil production rigs remained unchanged at 433. The total number of U.S.... 22.06.2026  18:00