Metallurgy news
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Passenger car sales in India increased by 26 percent in the first quarter of fiscal year 2026-2027According to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday, July 16, passenger car sales in India, measured by shipments from manufacturers to dealers, totaled 1,273,811 units in the first quarter of the 2026-2027 fiscal year, covering the period from April to…
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US exempts Brazilian iron and scrap from tariffsThe Office of the United States Trade Representative (USTR) has issued a final decision in its Section 301 investigation into Brazil's trade practices, confirming that, effective July 22, 2026, it will impose an additional 25 percent tariff on goods of Brazilian origin, while maintaining a broad…
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Scrap metal imports to Pakistan increased by 24.2 percent in June 2026 compared to MayPakistan's scrap metal imports totaled 323,896 tons in June this year, up 24.2 percent from May and 64.9 percent year-on-year, according to data released by the Federal Bureau of Statistics of Pakistan (PFBS). The value of these imports in this month was $199.34 million, an increase of 46.9 percent…
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Several EU steel quotas are close to being exhausted within the first 15 days of the new quotas periodIn the first 15 days of the new EU quota period from July 1 to September 30, some import quotas for some steel products allocated to China and "other countries" were exceeded, while, according to the European Commission, more than 70 percent of the quotas for some steel products were used up.In…
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Feralpi completes investment cycle amid improved production and profits, but European steel industry remains under pressureItalian steel producer Feralpi Group has increased production, revenue and profitability in 2025, completing a three-year investment program worth more than 500 million euros, enabling the company to capitalize on future market opportunities despite challenging prospects for the European steel…
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BHP has approved a US$900 million iron ore mining project as production in the 2025-2026 fiscal year reached a record highAustralian mining company BHP has approved a US$900 million investment on a 100% basis in the development of the Brockman high grade iron ore deposit in Western Australia, meeting the company's medium-term Western Australian iron ore production target of over 305 million tonnes per annum.The…
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Industrial production in the eurozone in May 2026 decreased by 0.2 percent compared to AprilIn May of this year, seasonally adjusted industrial production decreased by 0.2 percent in the eurozone and by 0.1 percent in the EU-27 compared with April.Industrial production rose 0.3 percent in the euro area and 0.2 percent in the EU in April. In May of this year, compared with May 2025…
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MRS approves new 15-year iron Ore transportation agreement with ValeMs. Logística S.A. announced that its extraordinary general meeting approved the signing of a new 15-year rail freight agreement with Brazilian mining company Vale, a member of Ms.'s controlling shareholder group. The contract covers the transportation of iron ore, pellets and iron ore derivatives…
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Base metal turnover in Turkey decreased by 2.4 percent in May 2026 compared to AprilAccording to data released by the Turkish Statistical Institute (TUIK), in May this year, Turkey's monthly industrial turnover index increased by 0.2 percent compared to the previous month, while the calendar-adjusted index increased by 37.1 percent compared to May 2025.In this month, the index of…
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Coking coal imports to Turkey increased by 1.2 percent in January-May 2026In May of this year, imports of coking coal to Turkey totaled 480,437 metric tons, an increase of 31.7 percent compared to April and 9.1 percent year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports amounted to…
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