Metallurgy news

• Swedish company LKAB opens a new ship loader in Narvik Swedish iron ore producer LKAB has announced that it has opened its new loader in the port of Narvik in Norway, replacing the previous facility commissioned in 1977, which has reached the end of its technical life.The new loader is part of a broader 5 billion Swedish kronor ($526.29 million)... 28.11.2025  13:00

• The UK is amending the CBAM rules, delaying the inclusion of indirect emissions until at least 2029. The UK government has made several technical amendments to its upcoming Carbon Boundary Adjustment Mechanism (CBAM). The changes follow a consultation launched in April and are intended to align CBAM with the broader UK carbon pricing framework while reducing administrative pressure on businesses.A... 28.11.2025  13:00

• Lithuanian trader Vikant opens new steel warehouse in Ukraine Lithuanian steel trader Vikant has announced the opening of a new steel warehouse in Lutsk, marking the latest expansion of its distribution network across Ukraine.The new warehouse strengthens Vikant's regional presence, especially in Western Ukraine, by offering faster and more reliable supplies... 28.11.2025  12:00

• The Czech company Třinecké Železárny provides compensation for indirect costs of carbon emissions The largest steel mill in the Czech Republic, Třinecké Železárny, announced that the Government of the Czech Republic has finalized a decision to fully compensate industrial companies for indirect carbon-related costs incurred in 2024. Among the 32 firms receiving support is Třinecké Železárny, the ... 28.11.2025  11:00

• The sale of AHMSA assets may begin as early as January 2026. The long-running crisis surrounding Altos Hornos de Mexico (AHMSA), one of Mexico's historically important steel producers, has entered a crucial stage. After more than three years of suspension of operations and national losses of 4 million metric tons of steel per year, at least eight companies... 28.11.2025  11:00

• Jindal Stainless: India needs a separate national stainless Steel Policy The Indian stainless steel industry needs a separate policy, not a "simple chapter" in the National Steel Policy, said Abhyudai Jindal, managing director of Jindal Stainless Limited (JSL), in a statement on Friday, November 28."Adding just one chapter reduces the value and importance of this... 28.11.2025  10:00

• CISA: China's coking coal procurement costs decreased by 31.34 percent in January-October 2025 Between January and October this year, China's weighted average procurement costs of coking coal, metallurgical coke, domestic iron ore, imported iron ore fines and ferrous scrap decreased by 31.34 percent, 26.87 percent, 9.27 percent, 8.92 percent and 10.9 percent year on year, respectively, as... 28.11.2025  09:00

• MOC: The average price of rebar in China increased by 0.5 percent from November 17 to November 23, 2025 The Chinese Ministry of Commerce (MOC) announced that the average price of finished steel in China increased slightly between November 17th and 23rd this year.During this period, average prices for rebar, hot-rolled steel strip and high-speed wire rod increased by 0.5 percent, 0.4 percent and 0.2... 28.11.2025  09:00

• Why polymer wells are profitable Polymer wells are an efficient, modern solution for the infrastructure of the future.New generation designs reduce the total cost of ownership due to easy and fast installation, corrosion resistance and minimal maintenance costs, which reduces both start-up and operating costs.Modern polymer... 28.11.2025  09:00

• Stegra received additional funding of 37 million euros from the Swedish government The Swedish Energy Agency has announced that domestic steelmaker Stegra will receive approximately €37 million from the country's Industry Leap Forward program to support the establishment of the company's fully integrated, near-zero emissions steel plant in Boden.This latest funding follows a s... 27.11.2025  18:00