Metallurgy news
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Production of the French metallurgical industry in May 2026 decreased by 0.3% compared to AprilAccording to statistics published by the French National Institute of Statistics and Economic Research (INSEE), industrial production in France increased by one percent month-on-month in May this year, after falling 0.1 percent in April this year. In the March-May quarter, French industrial output…
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Tenova will modernize the Tenaris EDP at the Koppel Steel Mill in PennsylvaniaThe Italian equipment manufacturer Tenova, through its American subsidiary Tenova Inc., announced that it has been selected to modernize the electric arc furnace at the Koppel steel mill, owned by global steel pipe manufacturer Tenaris, in Pennsylvania, as part of a broader Tenaris modernization…
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Hoa Phat supplies PC threads for Vietnam's major infrastructure projectsVietnamese steel company Hoa Phat has announced that it is supplying thousands of metric tons of prestressed steel strands (PC strand) for major infrastructure projects across the country, maintaining construction schedules and replacing imported products.According to the statement, the products…
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EC announces CBAM certificate price for the second quarter of 2026The European Commission has published the official price of the Carbon Boundary Adjustment Mechanism (CBAM) certificate, setting the level at €75.28 for the second quarter of 2026.As SteelOrbis previously reported,The CBAM certificate price for the first quarter was set at €75.36. Each quarterly…
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Indian JSW Steel begins construction of a steel plant based on EAF in Andhra PradeshIndia's JSW Steel limited has begun construction of a 2 million tonne per annum integrated mill in the southern state of Andhra Pradesh, which will entail an investment of $1.72 billion, the company said in a statement on Monday, July 6.The project work has been started by its wholly-owned…
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Tata Steel firms increased capital expenditures by $2 billion in fiscal year 2026-27, 60% for Indian operationsIndian steel company Tata Steel Limited will spend about $2.09 billion in capital expenditures in fiscal year 2026-27, most of which will be spent on its Indian operations, the company's chief executive said in a statement on Monday, July 6."In the last financial period of 2025-26, Tata Steel's…
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Fitch Ratings changed the outlook on Gerdau's rating from stable to positiveFitch Ratings raised its outlook on Brazilian steelmaker Gerdau from stable to positive, based on the company's potential to improve its business profile and profitability in the near to medium term, supported primarily by its stronger presence in North America and the recovery of its operations in…
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Chile's economy shrank year-on-year in MayThe central bank of Chile reported that its economy contracted 0.9 percent in May 2026 compared to May 2025, according to the IMACEC index, the country's main indicator of economic activity.The production of goods fell by 4.7 percent, the mining industry fell by 11.6 percent, and the manufacturing…
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Zaporizhcox produced 434.4 thousand tons of blast furnace coke.In January-June of this year, PJSC Zaporizhcoks, one of the largest producers of coke chemical products in Ukraine, part of the Metinvest group, increased production of blast furnace coke by 0.1% compared to the same period last year to 434.4 thousand tons. coke, in the previous month - 77.7…
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Vietnam halts That Khe iron ore projectAccording to media reports, authorities in the Vietnamese province of Ha Tinh have officially stopped the That Khe iron ore project after several years of suspension. The decision includes the withdrawal of the investment certificate of the project and the termination of the project, which is…
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