Metallurgy news

• Brazilian pig iron exports decline in December Brazilian pig iron exports reached 273,100 tons in December, up from 354,100 tons in November, according to foreign trade authority SECEX.The decline mainly reflects lower shipments to the United States: 211,300 tons at $392 per ton, compared with 289,100 tons at $384 per ton in November, FOB... 07.01.2026  07:00

• Nickel rises to 15-month high on news from Indonesia Nickel rose to a 15-month high on reports of tightening production controls in Indonesia.Nickel for delivery in three months rose 6.1% in Tuesday trading to $18,045 a tonne, the highest level since October 7, 2024.“Indonesia is tightening production controls with a slower quota approval process and ... 06.01.2026  23:00

• The price of aluminum rose to its highest price since April 2022 Aluminum prices rose at Tuesday's auction to their highest level since April 2022.Aluminum on the LME rose 0.8% to $3,111 per ton. Other metals also rose in price: zinc added 1.5% and reached $3241.5 per ton.Aluminum is widely used as a building material. The main advantages of aluminum are... 06.01.2026  23:00

• Copper reached a new record, trading above $13,300 per tonne. The price of copper hit a record high on Tuesday amid signs of tight supply and growing demand from electrification and data center investment.Copper futures for delivery in three months on the London Metal Exchange (LME) rose 3.1% to $13,387.5 a tonne. Copper prices have risen 6.6% since the start... 06.01.2026  21:00

• India's competition watchdog has prima facie found price fixing between leading steel companies and a violation of antitrust laws India's competition commission, the Competition Commission of India (CCI), has prima facie found that leading steel producers such as Tata Steel limited, JSW Steel limited, Steel Authority of India limited (SAIL) and 25 other companies have violated antitrust laws and conspired to fix prices,... 06.01.2026  16:00

• India lifts quantitative restrictions on imports of metallic coke after the introduction of the AD duty Immediately after the introduction of the anti-dumping duty (AD) on the import of low-ash metallurgical coke (met-coke) Of the six countries, the Government of India has lifted quantitative restrictions on imports of these steelmaking raw materials, according to an official notice from the ... 06.01.2026  16:00

• South Korean company SeAH Besteel achieved 99.7 percent recycling rate South Korean steel mill SeAH Besteel announced that it has become the first steel manufacturer in South Korea to achieve the highest rating under the Zero Waste to Landfill (ZWTL) certification scheme.The certification was awarded by UL Solutions and recognizes SeAH Besteel's success in diverting... 06.01.2026  15:00

• Oman accelerates the implementation of plans for the production of environmentally friendly steel in partnership with the Chinese company Qingshan Oman is advancing plans to establish a green steel production corridor in partnership with Chinese steel company Tsingshan Group, as the Gulf country works to attract sustainable industrial investment and support its economic diversification strategy, according to media reports.Strategic... 06.01.2026  15:00

• SGH and Steel Dynamics bid for A$13.2 billion to acquire BlueScope Steel Australia's SGH Ltd has confirmed it has submitted a non-binding indicative offer (NBIO) of A$13.2 billion with US steelmaker Steel Dynamics, Inc. to acquire 100 per cent of Australian steel producer BlueScope Steel Ltd through a scheme of arrangement.Under the proposed structure, SGH will fully... 06.01.2026  14:00

• Ukrainian steelmakers supported the ban on scrap metal exports in order to increase the sustainability of the industry The Ukrainian Steel Industry Association Ukrmetallurgprom welcomed the decision of the Government of Ukraine to temporarily restrict the export of ferrous scrap, calling this step decisive and economically justified.The government has adopted Resolution No. 1795, which introduces a zero quota for... 06.01.2026  14:00