Metallurgy news
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China's steel exports decreased by 9.9% in the first quarter, but still exceeded 9 million tons in March. According to the latest data released by the General Administration of Customs of China (GACC), in the period from January to March of this year, exports of finished steel from China amounted to 24.717 million tons, a decrease of 9.9 percent year-on-year. This is the expected result after the...
14.04.2026 15:00
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Marcegaglia awarded Danieli a €450 million contract to build a new steel plant in Fos-sur-Mer Italian steel producer Marcegaglia has awarded Italian mill Danieli a contract to build a new steel plant in Fos-sur-Mer in the south of France as part of its “Project Mistral”. The total value of the agreement, announced in a joint press release issued on April 13, is approximately 450 million eur...
14.04.2026 14:00
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ArcelorMittal Dofasco closes coke plant No. 3 as part of decarbonization The Canadian company ArcelorMittal Dofasco decommissioned its coke plant No. 3, the final production of which was completed on April 13, 2026, which was a key milestone in its decarbonization strategy.The shutdown was first announced in 2021 as part of the company's broader plan to reduce emissions...
14.04.2026 14:00
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Stegra secures €1.4bn green steel financing to advance construction of Boden plant Swedish green steel producer Stegra has reached a major milestone by agreeing in principle to a €1.4 billion financing package, ensuring its flagship low-carbon steel plant in Boden can be completed.Stegra secures full financing for Boden Green Steel projectStegra has agreed in principle to secure n...
14.04.2026 13:00
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Germany supports the inclusion of green steel in the EU automotive package The German government has expressed united support for the EU's Automotive Package, endorsing the inclusion of low-carbon materials such as green steel as part of compliance mechanisms. This position was confirmed after the meeting of the coalition committee held on April 10.According to the...
14.04.2026 13:00
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Meranti Green Steel evaluates new investments in processing with the Duqm HBI project Singapore steelmaker Meranti Green Steel (MGS) is evaluating investment in steel processing alongside its low-carbon iron project in Duqm, Oman, CEO Dr Sebastian Langendorff said in a statement to local media.The company is advancing its first phase of investment, a 2.5 million tonne hot briquetted...
14.04.2026 12:00
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Car sales in Turkey decreased by four percent in the first quarter of 2026 In March of this year, car sales in Turkey totaled 105,709 units, up 16.1 percent from January and down 13 percent year-on-year, according to monthly statistics released by the Association of Automobile Manufacturers of Turkey (OSD). In the same month, passenger car sales in Turkey totaled 79,857...
14.04.2026 12:00
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Metinvest reduced total debt by 15% to $1.44 billion in 2025 Metinvest B.V. (Netherlands), the parent company of the mining and metallurgical group Metinvest, in 2026 must repay $428 million on 2026 bonds at a rate of 8.5% per annum and $42 million on other obligations, for a total of $470 million. According to a presentation based on the annual report of...
14.04.2026 12:00
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US releases final AD margins for PC thread from Spain The U.S. Department of Commerce (DOC) has released the final results of its administrative review of the anti-dumping duty (AD) ruling on prestressed steel wire (PC) from Spain for the period June 1, 2023, through May 31, 2024.DOC has determined that Global Special Steel Products S.A.U. carried out...
14.04.2026 11:00
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Imports of coking coal to Turkey decreased by 2.7 percent in January-February 2026, the volatile trend continues. In February of this year, the import of coking coal to Turkey amounted to 211,514 metric tons, which is 56.0 percent less than in January and 5.9 percent more year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports...
14.04.2026 11:00
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