Metallurgy news

• BCC warns that restrictions on steel imports to the UK could create a "cliff edge" for manufacturers The British Chambers of Commerce (BCC) have called on the UK government to review planned changes to quotas and tariffs on steel imports, warning that these measures could have serious consequences for manufacturers, construction firms and engineering companies that depend on imported steel... 22.06.2026  12:00

• Delays in green steel projects threaten global decarbonization goals Steel industry associations warn that increasing delays to green steel projects and insufficient government support are jeopardizing efforts to decarbonize the global steel industry, according to a Reuters report.Speaking at an industry meeting in Singapore, representatives of the World Steel... 22.06.2026  12:00

• Turkey's flat steel sector remains on guard amid price pressures and protectionist risks The Market Talks event, organized by SteelOrbis at the Swissôtel The Bosphorus in Istanbul on 18 June 2026, brought together the sector with a record attendance of over 750 participants. Erdemir was the supporting company of the organization, while the sponsors were Ayba Makina, Seçkin Metal, Y... 22.06.2026  11:00

• Steel Dynamics expects to increase profits in the second quarter of 2026 due to improved performance in the steel segment Steel Dynamics, Inc. has released a profit forecast for the second quarter of 2026, predicting stronger results for most of its business compared to the first quarter, led by improved productivity in the steel industry.Steel mills are expected to generate "significantly" higher profits, with... 22.06.2026  11:00

• Exports of steel sheets/plates from China fell by 13.9 percent in January-May 2026 According to Chinese customs authorities, China's steel sheet exports totaled 20.06 million tons in January-May this year, down 13.9 percent year-on-year, 2.7 percentage points slower than the decline recorded in the first four months of this year.In May alone, China's steel sheet exports totaled... 22.06.2026  10:00

• Japan has made a preliminary decision to impose anti-dumping duties on stainless steel imports from China and Taiwan. The Ministry of Finance of Japan and the Ministry of Economy, Trade and Industry of Japan have made a preliminary decision to impose anti-dumping duties on imports of coils, sheets and strips of cold-rolled stainless steel with added nickel from China and Taiwan following an investigation launched... 19.06.2026  18:00

• The second Liberty Galati auction failed as the debt burden weakens investor interest On June 19, Liberty Galati failed to attract a buyer at the second auction, despite a significant reduction in the starting price. The auction was launched with the liquidation value of Liberty Galati at 444 million euros, compared with about 709 million euros in the first tender, while the total... 19.06.2026  18:00

• Nippon Steel sees potential for US Steel earnings to beat forecasts amid strong US market Nippon Steel Vice Chairman Takahiro Mori said strong demand and tariff protection in the U.S. steel market could allow U.S. Steel to beat current profit forecasts, according to a Reuters report.Mori said he expects U.S. Steel to generate profits of more than 100 billion yen ($619.93 million) this... 19.06.2026  17:00

• Gerdau will assume full control of the COPEL hydroelectric power plant in Brazil Brazil's largest producer of iron ore and steel, Gerdau, has submitted a binding offer and entered into a share purchase agreement with the Brazilian electric power company Companhia Paranaense de Energia (COPEL) to acquire COPEL's entire stake in the Dona Francisco Energética S.hydroelectric plant ... 19.06.2026  17:00

• Hyundai Steel signs agreement with LSU to conduct studies on Louisiana steel mill project South Korean company Hyundai Steel announced it has signed a master research agreement with Louisiana State University (LSU) to support technology development and workforce training for a planned $5.8 billion steel mill project in the US state of Louisiana.The agreement will allow Hyundai Steel and... 19.06.2026  15:00