Metallurgy news
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Metinvest will retain employee benefits for marriage and childbirth in 2026 The Metinvest Mining and Metallurgical Group has extended for 2026 the program of financial assistance to employees who remarried and have a child: UAH 5,000 (after taxes) to employees who married for the first time, and UAH 8000 (before taxes) to employees whose families had a child.According to...
30.01.2026 15:00
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Tata Steel UK: UK steelmakers could benefit as government weighs tougher steel import quotas Tata Steel UK, a subsidiary of Indian steel producer Tata Steel Limited, said the UK steel industry could be on the verge of a significant shift in trade policy as the government considers tightening duty-free quotas on steel imports, which could significantly benefit Tata Steel UK and other...
30.01.2026 14:00
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Liberia approves extension of mining operations for ArcelorMittal until 2050 The Government of Liberia has ratified the amended Mineral Development Agreement (MDA) signed with Luxembourg-based steel producer ArcelorMittal, extending the agreement until 2050 with the possibility of a further 25-year extension, the manufacturer announced.The agreement coincides with the...
30.01.2026 14:00
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Global Toyota car production increased by 4.5% in 2025 Japanese automaker Toyota Motor Corporation announced that its global car production decreased 0.5 percent year-on-year to 767,085 units in December this year. In particular, the company's domestic output fell by 2.4 percent to 249,223 units, while its foreign output increased by 0.5 percent to...
30.01.2026 13:00
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Saudi Steel Pipe Announces $80 million Offshore Pipeline Contract Saudi Steel Pipe, a pipe manufacturer, announced that its subsidiary Global Pipe has signed an $80 million contract to supply linear pipes for the offshore development project of the British engineering company Subsea 7.In a notice to the Saudi stock exchange Tadawul, the steel pipe manufacturer...
30.01.2026 13:00
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Japan's Daido Steel awarded engineering role for Nippon Steel Setouchi EAF project Japanese steelmaker Nippon Steel has selected Nagoya-based specialty steel fabrication company and plant engineering company Daido Steel to perform engineering work for its new electric arc furnace (EAF) project at its Setouchi plant in western Japan, the companies announced. The furnace itself...
30.01.2026 12:00
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Voestalpine sells Boehler Profil business, maintains EBITDA forecast for fiscal year 2025-26 The Austrian steel company Voestalpine has announced the signing of an agreement to sell its high-performance metals division Voestalpine Böhler Profil to the American company Kadant Inc.The transaction is still subject to regulatory approval and is expected to be completed by the end of fiscal ...
30.01.2026 12:00
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China's transport FAI is expected to reach RMB 3.6 trillion in 2025. Total fixed asset investment (FAI) in China's transportation sector is expected to be 3.6 trillion yuan ($0.52 trillion) in 2025, China's Ministry of Transport (MOT) announced.During this period, the FAI for construction of railways, roads and waterways in China is expected to be 901.5 billion yuan...
30.01.2026 09:00
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The investment of 2.4 trillion yuan will be completed in Shanxi Province in 2026. In 2026, a total investment of 2.4 trillion yuan (0.34 trillion US dollars) will be completed in the Chinese province of Shanxi in 629 key projects, including 309 energy projects. In particular, the annual investment will amount to 109.04 billion yuan (15.6 billion US dollars).The projects will...
30.01.2026 09:00
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Brazil introduces anti-dumping measures against imports of polymer-coated steel products from China and India The GECEX Department of Foreign Trade has approved a final anti-dumping tax on imports of pre-painted steel products from China and India with a validity period of up to five years.The anti-dumping regulations are expected to be announced in the coming days. According to the technical report, the...
30.01.2026 03:00
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