Metallurgy news
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Japan's steel demand forecast for the 1st quarter of 2026 signals a 1.6 percent decline.According to the Japanese Ministry of Commerce (METI), crude steel demand in Japan is expected to reach 20.05 million tons in the first quarter of 2026, down 0.8 percent from the previous quarter and down 1.7 percent from the same quarter of 2025.The latest METI report predicts that Japan's steel…
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Ukrainian Zaporizhstal suspended production after a complete blackout caused by Russian attacksUkrainian company Zaporizhstal, owned by Metinvest, announced that it had temporarily suspended production on December 23 after a complete loss of power supply following large-scale Russian attacks on the country's energy infrastructure.According to the statement, the sudden outage led to an…
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Egypt retains export duty on stainless steel scrap for another yearThe Egyptian Ministry of Investment and Foreign Trade has decided to continue the imposition of export duties on scrap and waste of stainless steel alloys classified in customs tariff item 7204.21, according to a statement released by the Egyptian Customs Administration.Exceptions for investment…
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China's Transport FAI to Exceed RMB 3.6 Trillion in 2025Total fixed asset investment (FAI) in transportation in China in 2025 is likely to exceed 3.6 trillion yuan ($0.51 trillion), with the addition of more than 2,000 kilometers of new high-speed railways and 8,000 kilometers of new high-speed roads, li Yang, China's vice minister of transport (MOT)…
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Tata Steel Limited takes sole control of Tata BlueScope after CCI approvalThe Competition Commission of India (CCI) has approved Tata Steel Limited's proposal to acquire sole control of Tata BlueScope Limited, according to an official statement released on Wednesday, December 24.Under the approval, Tata Steel will acquire the remaining 50 percent of the shares currently…
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Freight rates for finished steel imports from Brazil fell in NovemberBrazil's COMEX foreign trade authority reported average freight rates for the country's steel imports in November.For coated flat products: US$54/ton from China, US$130/ton from South Korea, US$127/ton from Japan, US$30/ton from Germany and US$154/ton from Vietnam.For HRC: 32 US dollars/ton from…
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Polish Ministry of Defense acquires Huta Częstochowa companyPoland's Ministry of National Defense has officially completed the acquisition of local steel mill Huta Częstochowa, securing the company's future as a strategic asset for Poland's defense and industrial supply chains, according to local media reports. The ministry acquired the company for…
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The Luxembourg government is offering 14.5 million euros for the acquisition of Liberty DudelangeRevealing the potential price for the first time, the Luxembourg government made a 14.5 million euro offer to acquire Liberty Dudelange, owned by the British steel company Liberty Steel, with the aim of repurposing the long-idle plant for new economic purposes, according to media reports.In July…
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Turkish company Erciyas Çelik Boru will supply pipes for two new projects in EuropeTurkish pipe manufacturer Erciyas Çelik Boru Sanayi A.Ş. announced that it has strengthened its position in international markets by participating in two major projects focused on infrastructure and renewable energy in Northern Europe. In a statement published on the Public Disclosure Platform…
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New car registrations in the EU grew by 1.4 percent in January-November 2025In November this year, new passenger car registrations in the EU rose 2.1% year on year to 887,491 units, according to the European Automobile Manufacturers Association ACEA.The French market (-0.3%) posted the only decline in the month, with the Italian market unchanged, while Spain (+12.9%) and…
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